Summary - Bridge Road, Southampton, Hampshire, SO19 7GR SO19 7GR
1 bed 1 bath Apartment
Small, newly refreshed one-bedroom investment — auction sale, cash buyers only, lease requires attention..
One-bedroom first-floor apartment, approx. 414 sq ft
Newly redecorated; fitted kitchen and modern bathroom
60 years remaining on lease — likely unmortgageable
Sold at auction; cash buyers only, online bidding applies
Low ground rent £20/year; service charge covers insurance only
Air-source heat pump; electric heating, double glazing
High local crime rate; area classed as very deprived
Council Tax Band B; strong broadband and mobile signal
A compact one-bedroom first-floor apartment in central Southampton, recently redecorated and ready for immediate rental or short-term occupation. The flat sits above a Victorian mixed-use terrace and benefits from double glazing, a fitted kitchen, modern bathroom and high ceiling proportions that retain period character. At about 414 sq ft it’s small but practical for single tenants or couples.
This property will be sold at auction with online bidding and is for cash buyers only. The lease has 60 years remaining — a significant issue for most mortgage lenders — so buyers should be prepared to buy without standard mortgage finance or explore lease extension costs. Ground rent is low at £20 per year and service charge currently covers insurance only.
Practical running costs are modest: council tax band B and electric heating supplied by an air-source heat pump with radiators. The area offers plentiful local amenities and excellent mobile and broadband connectivity, supporting strong rental demand from private-renting new arrivals. Note the neighbourhood has high crime levels and is in a very deprived area, which may affect tenant profiles and yields.
Overall this is a clear investment-as-is: low upfront purchase price and good rental potential in a central location, balanced against lease length, local deprivation/crime and the auction/cash-buying route. Investors should factor in potential costs to extend the lease and build refurbishment or management plans to mitigate area-related tenancy risks.
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