Summary - 143 FLAT 2 AVENUE ROAD SOUTHAMPTON SO14 6BD
1 bed 1 bath Flat
Long lease, low ground rent and immediate rental income potential.
- Chain-free sale with newly extended 125-year lease
- One double bedroom, open-plan living/kitchen, shower room
- Approximately 528 sq ft over two levels
- Currently let at £765pcm; can be sold vacant
- Low ground rent £100, no service charge stated
- Electric storage heating; double glazing (unknown install)
- Communal off-street parking, first-come first-served
- Located in a high-crime, student-focused neighbourhood
A chain-free, first-floor one-bedroom apartment in the heart of Portswood, offered with a newly extended 125-year lease. The flat spans approximately 528 sq ft over two levels, with an open-plan living/kitchen, a double bedroom and a shower room. Neutral decor and laminate floors make it ready to let or personalise.
This property is well suited to investors targeting the local student and rental market: it is currently let producing £765pcm and can be sold with vacant possession. Communal off-street parking (first-come, first-served) and excellent mobile and broadband connectivity add practical appeal for tenants.
Notable practical points include electric storage heating and double glazing (install date unknown), cavity construction likely without added insulation, and a relatively high-crime local area classification. Ground rent is low at £100 and there is no service charge. These factors, plus the long lease and modest purchase price, create clear refurbishment and yield potential for a buyer prepared to manage landlord responsibilities.
The building is Victorian with bay windows and high ceilings, offering period character, but buyers should expect the usual maintenance and updating that older properties can require. The local area is lively with extensive amenities, good bus links into Southampton centre, and a mix of state and independent schools nearby.
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