Approved 25-studio conversion in central Southampton with large parking area..
- 3,695 sq ft total internal area across two storeys
- Planning permission approved for 25 studio flats (Ref 24/01365/OUT)
- Large rear yard/parking area with separate access
- Close to Southampton city centre and good transport links
- EPC D (83); electric room heaters, likely poor insulation
- Building dated; requires full refurbishment and energy upgrades
- Located in a very deprived area with very high crime
- Guide price £600,000 for freehold with vacant possession
This large two-storey corner office in St Mary’s, Southampton offers a clear development route and strong location advantages for investors or developers. With a gross internal area of 3,695 sq ft and a substantial rear yard/car park, the site provides practical space for conversion and on-site parking — rare for an inner-city plot.
Planning permission (Ref: 24/01365/OUT) has been approved for 25 studio flats, so the major planning hurdle is resolved. The property sits about half a mile from the city centre with good transport links and fast broadband, supporting rental demand from students and young professionals in this cosmopolitan neighbourhood.
The building is dated and will need refurbishment to meet modern residential standards. Heating is electric room heaters, walls likely lack insulation, glazing is basic double glazing of unknown age, and the EPC currently rates D (83). These factors mean upfront works and energy-performance upgrades are required before occupation.
Be aware the immediate area scores high for crime and is described as very deprived; this will affect tenant mix, management and rental assumptions. However, with permission for 25 studios, a large footprint and on-site parking, the property presents a straightforward development/refurbishment opportunity for those able to manage location-specific risks.
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