Summary - 43 Southampton SO15 2AS
4 bed 2 bath Flat
City-centre freehold with two flats, large garden and short-term rental upside.
Freehold freehold building with two self-contained two-bedroom flats sold together
A rare freehold opportunity in Southampton city centre: two self-contained two-bedroom flats sold together under one title. Each flat has its own private ground-floor entrance and access to an unusually large rear garden for a central location, creating clear scope for improved tenant appeal and amenity-led rent increases.
The building is offered vacant but requires a programme of modernisation throughout. In current condition achievable rents are around £1,000 pcm per flat (circa £23,000 pa combined). Refurbishment, targeted student lets, serviced accommodation or supported-living models could materially boost income and uplift capital value.
Location is a primary driver of demand: immediate access to Southampton’s shopping, leisure and transport links makes the asset appealing to students and city-centre tenants. Note practical downsides plainly: the property sits in a very high crime and deprived area and needs renovation. Heating is via electric storage heaters, and the flats will need investment to reach modern energy and comfort standards.
This freehold suits an investor or operator prepared to refurbish and actively manage the asset to unlock higher yields. The clear advantages are freehold ownership, two separate rental units with garden access and strong letting prospects in a central, well-connected neighbourhood.
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