Compact, chain‑free studio with garage and strong rental income potential..
Refurbished studio apartment (2023) with modern kitchen and bathroom
Includes a private garage — rare for city studios
Currently let at c. £950 pcm (over 10% gross yield)
Leasehold with c. 944 years remaining, no forward chain
Annual service charge circa £2,028; verify exact figures
Small overall size — best for single occupant, investor or downsizer
Electric storage heating; no gas on site
Local area records higher crime levels — consider safety/insurance costs
Set on the third floor of a mid‑20th‑century block, this newly refurbished studio offers a compact, low‑maintenance city base close to Southampton city centre. The apartment was fully updated in 2023, with a contemporary kitchen, modern bathroom and large windows that maximise natural light. A rare private garage is included — useful storage or rental income for investors.
The property is offered with no forward chain and a very long lease (c. 944 years). It is currently let at approximately £950 pcm, producing a gross yield of over 10% at the asking price, making it attractive to buy‑to‑let purchasers. Communal gardens, resident off‑road parking and good local transport links add to the practical appeal.
Important considerations: this is a small studio with electric storage heating (no gas) and a relatively high annual service charge (circa £2,028). The local area records higher crime levels and the building has mid‑20th‑century construction with cavity walls (insulation status assumed). Buyers should verify service charge, ground rent details and tenancy status with their solicitor.
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