Summary - ARMADALE HOUSE FLAT 1 KENT STREET SOUTHAMPTON SO14 5ST
1 bed 1 bath Flat
**Standout Features:**
- **Price:** £70,000
- **Type:** Ground floor studio flat
- **Current Rent:** £750/month, with potential for increases
- **Heating:** Electric underfloor heating and storage heaters
- **Location:** Close to Southampton City Centre
- **Auction Details:** Chain-free sale via modern auction method
**Overview:**
Embrace an incredible investment opportunity with this ground floor studio flat, strategically located within easy reach of Southampton’s vibrant city center and essential amenities. Designed in mid-20th century Brutalist style, this property boasts double glazing and a unique architectural flair, perfect for those seeking both character and comfort. The studio currently fetches a robust rental yield of £750 per month, providing a solid entry point for first-time buyers or seasoned investors keen on capitalizing on the growing rental market.
While the property is in need of minor improvements, it offers substantial potential for increased rental income, ensuring strong returns on investment. Residents will benefit from excellent transport links and a series of nearby conveniences, including shops and recreational facilities. However, potential buyers should be aware of the surroundings, as this area has a high crime rate, and the neighbourhood is classified as very deprived.
The property is offered chain-free and is available through a secure auction process that requires completion within 56 days, adding a layer of transparency to the buying experience. With a service charge of just £700 per year and very affordable council tax, this studio flat is not only a smart investment but also an accessible entry into property ownership. Don’t miss out on this unique opportunity—act quickly, as similar properties in this central location do not last long!
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