Summary - 30 FLAT 5 LANDGUARD ROAD SOUTHAMPTON SO15 5DJ
1 bed 1 bath Apartment
One-bedroom property with parking, communal gardens and strong rental potential.
Top-floor one-bedroom with skylights and large rooms
This one-bedroom top-floor apartment offers immediate rental potential in a busy, well-connected Southampton neighbourhood. Large rooms, a modern fitted kitchen and double bedroom with skylights give a comfortable layout that will appeal to professional tenants or a buy-to-let portfolio.
Important practical facts: the flat is sold at auction for cash buyers only and currently has only 64 years remaining on the lease. Many mortgage lenders may refuse to lend on this lease length, so purchasers should plan for a cash purchase or arrange specialist financing. The property is currently tenanted and could provide an income stream on completion.
The building benefits from communal gardens, resident car park and a storage shed; broadband and mobile signals are strong. Service charge and ground rent are notable — about £2,500pa service charge and £50pa ground rent — and the area records above-average crime, which may affect insurance and tenant demand.
This apartment needs renovation and cosmetic updating, presenting scope to add value through modernisation. Buyers seeking a straightforward refurbishment project with rental yield in mind will find scope here; those requiring mortgage finance should seek advice before bidding.
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