Allocated parking, long lease and immediate rental income in a central Southampton spot.
Top-floor one-bedroom flat, 463 sq ft
A top-floor one-bedroom flat on sought-after Hill Lane, offered with an occupant in situ at £850pcm. The apartment sits in a period red-brick building close to Southampton Common, the General Hospital and the city centre, making it straightforward to let and attractive for buy-to-let purchasers or first-time buyers seeking a manageable starter home.
Rooms are well proportioned for the size (463 sq ft) and benefit from large windows and double glazing. The kitchen is practical and in good condition, the bedroom comfortably fits a double and there is useful built-in storage. An allocated off-street parking space is a practical bonus in this location.
Notable practical points are the long lease (157 years) and a service charge averaging £2,336 per year. Heating is by electric room heaters rather than a communal gas system, and the top-floor location creates some reduced head height in places. The property is currently let, so vacant possession would require notice to the tenant.
The wider area is diverse and well connected, but faces some local deprivation and an above-average crime statistic, which may affect family buyers’ perceptions. Overall this is a straightforward, low-maintenance investment with clear commuter and rental appeal, or a compact home for someone prioritising proximity to city amenities.
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