Compact two-bed investment with long lease and immediate income potential.
Two bedrooms with lounge, kitchen and private garden ground space
Compact overall size — approximately 484 sq ft
Currently tenanted; gross annual income £11,400
Achievable market rent estimated at £11,820 per year
Leasehold with c.180 years remaining on the lease
Area classified as deprived; local crime levels are high
Buyer’s Premium applies to secure the purchase
Average broadband, excellent mobile signal for tenants
A compact two-bedroom leasehold flat in Shirley, Southampton, presented as a clear buy-to-let opportunity. At around 484 sq ft with a private ground-floor garden space, it suits investors seeking an income-producing addition with straightforward management and modest refurbishment potential.
The property is currently tenanted and produces a gross annual income of £11,400, with a stated achievable market rent of approximately £11,820. The remaining lease term of about 180 years removes immediate lease-extension pressure and supports long-term investment stability.
Location factors include good access to local amenities, average broadband speeds and excellent mobile signal, which help tenant demand. However, the surrounding area is classified as deprived with higher-than-average crime; this is an important consideration for safety-conscious buyers and may affect lettings and capital growth.
Practical points: the flat is small and will appeal to investors or developers rather than families seeking large living spaces. A Buyer’s Premium applies to secure the sale and prospective purchasers should review the Let Property Pack for full tenancy and financial details before proceeding.
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