Summary - ST GEORGES HOUSE FLAT 2 WOODSIDE ROAD SOUTHAMPTON SO17 2GZ
1 bed 1 bath Apartment
Compact investment close to university amenities and transport links.
One-bedroom apartment around 410 sq ft, compact layout
81 years remaining on lease — needs extension for long-term security
Electric storage heating; likely higher running costs
Below-average service charge (£990) and low ground rent (£15)
Communal garden included; useful amenity for tenants
Located in student-heavy Portswood — strong rental demand
Area has high crime and higher deprivation — factor in management
Sold at auction via secure online bidding; quick completion possible
Set within a 1960s block in busy Portswood, this compact one-bedroom flat offers immediate rental potential for investors targeting the student market. The apartment is small (around 410 sq ft) but comes with a communal garden and fast broadband provision—handy features for lettings or short-term occupancy.
Important: the lease has 81 years remaining and will require prompt renewal or extension if you need mortgageability or long-term security. Heating is by electric storage heaters and walls are assumed uninsulated cavity construction, so expect higher running costs and possible upgrade work.
Financial running costs are straightforward: a low annual ground rent (£15) and a below-average service charge (£990). Council Tax is inexpensive (Band A), which helps keep tenant costs down. The property will be sold via secure online auction, offering a quick sale route for buyers prepared to proceed.
Location is the main draw. Portswood is a cosmopolitan, student-orientated neighbourhood with shops, cafés, bars and good transport links into Southampton city centre. Note the area scores high for crime and ranks as deprived, which should be considered when planning lettings or resale strategy. This is a clear buy-for-let opportunity for investors willing to manage refurbishment and lease extension plans.
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