Summary - Heats Studios 432 Bitterne Road, Southampton, Hampshire, SO18 SO18 1BP
2 bed 1 bath Mixed Use
**Standout Features:**
- **Mixed-Use Investment**: Retail shop, self-contained office, and a renovated 2-bedroom flat
- **High Yield Potential**: Gross Initial Yield of 8.89% with rental income of £37,800 per annum
- **Recent Renovation**: First-floor flat completely refurbished in 2022
- **Prime Location**: Situated on a busy shopping street near popular retailers such as Lloyds Bank, Pure Gym, and Specsavers
- **Good Transport Links**: Easy access to M27 and M3 motorways; Bitterne Rail Station nearby
- **Strong Rental Demand**: Multi-tenant occupancy with long-term leases in place
**Potential Downsides:**
- **Maintenance Concerns**: Some structural issues noted with external walkways; plaster damage and potential dampness may require attention
- **Varied Property Condition**: While the flat is newly renovated, the commercial areas may need ongoing maintenance
This impressive mixed-use property at 432 Bitterne Road in Southampton presents an exceptional investment opportunity for buyers looking to capitalize on both retail and residential rental income. The well-appointed 2-bedroom flat, renovated in 2022, sits above a bustling ground floor shop and a versatile office space, providing a robust rental yield of 8.89%. With a gross rental income of £37,800 per annum and established tenants in place, you can start generating returns immediately in this vibrant neighborhood.
Located among recognized brands and amenities, with excellent transport links, this property attracts foot traffic and interest from potential tenants, ensuring strong demand. However, it's advisable to be aware of some external maintenance concerns that may arise, particularly regarding the walkways. This property combines comfort and investment potential, making it a compelling choice for savvy investors seeking a promising addition to their portfolio. Act fast, as opportunities in this prime area don't last long!
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