Summary - 38 GAINSFORD ROAD SOUTHAMPTON SO19 7AU
2 bed 1 bath Maisonette
Compact investment with garden and driveway, sold at auction to cash buyers.
Recently renovated kitchen and bathroom throughout
This two-bedroom maisonette is offered through a Modern Method of Auction — suited to cash or quick-completion investors. The flat has been recently renovated throughout with a modern kitchen and bathroom, laminate flooring, and a bright living room opening to a conservatory. A generous rear garden with views towards the River Itchen and an off-street driveway add practical value.
Important sale conditions affect purchase: this is a cash-buyers preference via auction, subject to an undisclosed reserve price and a non-refundable reservation fee (4.5% of purchase price, minimum £6,600). Additional buyer administration costs and the auction timetable apply; bidders must complete due diligence and identity verification before proceeding.
The property sits on a long lease (c. 912 years) and totals approximately 453 sq ft — compact accommodation suited to rental use or a first-step buy for a single occupant. The vendor previously achieved a rental of around £1,300 pcm, indicating reasonable income potential for lettings. Internally the flat is largely move‑in ready; externally the front and garden need basic tidying and landscaping to maximise kerb appeal and rental value.
Investors and cash buyers should note the local context: the area is classified as relatively deprived with average crime levels, so factor management and tenant demand into calculations. Prospective purchasers should inspect the Buyer Information Pack, confirm total purchase-related costs, and commission their own surveys and checks before bidding.
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