3 Bed Flat, Motivated Seller, Southampton, SO15 1HL £390,000

Block of 3 Apartments, Millbrook Road East, Southampton,SO15 1HL - 2 years ago
Sold STC
BTL
Motivated
~93

Property History

Price changed to £390,000

March 12, 2025

Listed for £400,000

June 11, 2024

Floor Plans

Description

  • 3, one bedroom apartments in a block available for sale +
  • Share of freehold available +
  • Two apartments have allocated parking +
  • Ground, first and second floor available +
  • Close to Southampton train station +
  • Ideal buy to let opportunity +
  • 9% rental yield opportunity +

We are pleased to present an exceptional opportunity to acquire a property offering not just one, but three desirable one-bedroom apartments in a prime location. Available for purchase are a ground floor unit with a private patio and two additional apartments on the first and second floors. Flat 2 GF 1 bed let at £1000 PCM Flat 4 1st floor 1 bed let at £1000 PCM Flat 6 2nd floor 1 bed let at £1000 PCM Total rent per calendar month £3000

Investors will be delighted to discover a generous, combined rental yield of 9%, enhancing the appeal of this property as an ideal buy-to-let prospect. The two allocated parking spaces that come with two of the apartments provide added convenience and allure for tenants seeking secure parking options.

Moreover, buyers will have the option to acquire a share of the freehold, a valuable asset that offers a sense of control and participation in the property's management. This added benefit increases the property's appeal for those looking to secure long-term investments in an attractive real estate market.

Located in close proximity to both the railway station and the city centre, this property stands out as an attractive option for tenants seeking convenience and ease of commuting. The strategic positioning near transportation hubs and essential amenities ensures a high level of liveability and convenience for residents, making it an attractive prospect for potential occupants.

In conclusion, this exceptional property presents a rare opportunity to acquire not just one, but three lucrative apartments in a highly desirable location. With its strong rental yield, private patio, allocated parking, and share of freehold option, this offering is sure to appeal to investors seeking a reliable and profitable real estate opportunity. Don't miss out on this chance to own a piece of prime property in a popular and thriving locale! Share of Freehold GF with private patio Two Parking Spaces Service Charge TBC

Agent Details

Jordan Marks Estates, Christchurch

01202 145476

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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