Summary - Foundry Lane, Shirley, Southampton, SO15 3JZ SO15 3JZ
4 bed 1 bath Block of Apartments
**Standout Features:**
- Freehold property with three flats: two one-bedroom and one two-bedroom
- Total current rental income of £2,500 per month, yielding 8%
- Ground floor flats with private gardens and a first-floor flat with a large garden
- Off-street driveway parking for the two-bedroom flat
- Gas central heating and double glazing throughout
- Chain-free sale with a low council tax band 'A'
**Concise Summary:**
Discover a promising investment opportunity in the vibrant area of Shirley, featuring a charming Victorian block of apartments. Comprised of two ground-floor one-bedroom flats, each with private gardens, and a spacious two-bedroom flat above with its own large garden and off-street parking, this property offers excellent rental potential with a current income of £2,500 per month, translating to an impressive 8% yield. All units benefit from gas central heating and double glazing, ensuring comfort and efficiency.
While the area is lively with cultural diversity and excellent broadband speeds, prospective buyers should note the environment's classification as deprived and the high crime rate, emphasizing the importance of security. This property is ideal for investors looking to expand their portfolio or those seeking a multi-family living arrangement. Opportunities like this don’t come along often—secure your stake in this prime investment today!
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