Cash-only central flat with refurbishment potential near transport and university.
One double bedroom with built-in storage and private balcony
A compact one-bedroom flat in a central Southampton location, offering straightforward rental or refurbishment potential for cash buyers. At about 435 sqft the apartment presents a living/dining space, double bedroom with built-in storage, a small kitchen and a private balcony overlooking greenery. Fast broadband and excellent mobile signal support modern letting needs.
Important practical issues are clear and factual: the property is leasehold with about 87 years remaining, carries an average service charge of £2,268, and is sold to cash buyers only. The immediate area scores high for crime, is classed as very deprived, and the site has a high flood risk — all factors that will affect mortgage availability, insurance costs and lettings risk.
The building dates from the 1950s–60s and appears in a Brutalist public-housing style; many internal elements are dated and the flat will benefit from modernization to maximise value. Heating is electric underfloor and glazing is double but install date is unknown. These details, together with the relatively short lease and service costs, make the home most suitable for an experienced investor or a buyer able to carry refurbishment and running-cost risks.
For the right buyer, the flat’s position on the edge of the city centre, proximity to transport links and the university, plus included storage and a balcony, give clear rental appeal and scope for value uplift after improvement works. Buyers should obtain independent surveys and factor in insurance, flood risk mitigation and potential service-charge increases before purchase.
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