Summary - Southampton Street SO15 2ED
1 bed 1 bath Apartment
Compact one-bed with parking — affordable buy-to-let or city base, sold at auction.
Previously let at £925 pcm — proven rental demand
Allocated off-street parking within secure gated car park
Service charge £3,288pa; ground rent £195pa
Sold at public auction; buyers’ admin fee £600 on exchange
Approx 416 sqft; compact one-bedroom layout
Electric storage heating; no gas central heating
High local crime rate and area deprivation — location risk
Long lease remaining (approx. 111 years) providing ownership security
Located on the second floor of a purpose-built block in SO15, this compact one-bedroom apartment offers an affordable entry into Southampton’s rental market. The flat was previously let at £925 pcm, giving clear evidence of steady tenant demand from students and professionals nearby. The open-plan living/kitchen, sizeable double bedroom and allocated off-street parking make it straightforward to re-let or occupy.
Buyers should factor in the running costs: a high annual service charge of £3,288 and ground rent of £195 apply, plus a buyers’ admin fee of £600 payable on exchange. Heating is electric storage radiators and the property has double glazing; there is no gas central heating. The property will be sold at public auction on 22 October 2025 and is offered with vacant possession — purchasers must follow the auction ID and legal pack requirements.
Practical positives include lifts to all floors, fast broadband and excellent mobile signal, plus a secure gated parking space. Downsides to note are the city-centre location’s high crime level and overall area deprivation, and the apartment’s modest size (around 416 sq ft). The long lease (approx. 111 years remaining) provides security for longer-term ownership or letting.
This apartment suits investors seeking a low-entry buy-to-let in a student/professional neighbourhood, or a first-step buyer wanting a compact city base. Be prepared to review the full legal pack and factor service charges, heating costs and auction purchase formalities into your budget.
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