Summary - 415 BITTERNE ROAD SOUTHAMPTON SO18 5EE
1 bed 1 bath Commercial Property
Fully let retail and residential block with parking, auction sale, and income potential..
- Four fully let ground-floor retail units providing immediate rental income
- Stated total income £44,700 per annum (verify residential figures independently)
- Ten long-lease flats above; residential income details require confirmation
- Leasehold: 89 years remaining; sold at auction — swift completion likely
- Secure off-street parking for 14 vehicles; strong tenant convenience
- Built c.1980 with mains services; no service warranties supplied
- Location: pedestrianised Bitterne Road, 1km from Bitterne rail station
- Notable concerns: high local crime rates; carry out security and title checks
A substantial, well-maintained mixed-use development in Bitterne Village, offering four fully let retail units and ten long leasehold flats. The site produces a stated income of £44,700 per annum and includes secure off-street parking for 14 vehicles — strong practical appeal for existing and future tenants. Its central location on pedestrianised Bitterne Road, excellent bus routes and 1km to Bitterne rail station support steady retail footfall and residential demand.
The building dates from around 1980 and benefits from connected mains services (water, drainage, gas, electricity) although no warranties are provided; purchasers should verify service condition. The retail tenants are established local businesses, providing immediate rental cashflow. The residential income shown (flats 1–10 listed as totalling only £200 p.a.) appears anomalous and requires verification — do not rely on that figure without independent enquiry.
Key transactional points: the property is leasehold with 89 years remaining, will be sold at auction and is offered at a guide price of £600,000. These factors suit investors or developers prepared to act quickly at auction and to carry out their own legal and survey due diligence.
Material considerations include a local area crime rate described as high and the wider social profile (delayed retirement/affluent communities mix). Prospective purchasers should assess security, tenant references and consider potential rental reversion or refurbishment to enhance value. Auction sale and leasehold tenure make this a clear, immediate investment opportunity for buyers comfortable with short lead times and independent verification.
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