Three-bed split-level flat with parking and strong rental potential.
Chain free, cash buyers preferred
This split-level three-bedroom maisonette offers 925 sq ft of flexible living close to Southampton city centre. The layout includes a separate lounge, kitchen, family bathroom, cloakroom and a balcony, plus off-street parking — practical for tenants or owners who need easy access to local amenities and transport.
The property is leasehold with 99 years remaining, chain free and currently promoted to cash buyers. Service charge is around £2,600 pa and ground rent is a nominal £10 (unknown review terms). Heating is electric underfloor and the glazing is double; the build dates to 1950–66 and the external walls are cavity construction with assumed no added insulation.
Notable risks and costs are clear: the location records very high crime levels and the property sits in a high flood-risk area. The wider neighbourhood is very deprived, which affects resale prospects but supports a strong rental market — estimated at approximately £1,400–£1,500 pcm. The flat will suit investors or buyers prepared to refurbish rather than those seeking a move-in-perfect home.
Overall, this is a value-led opportunity for an investor or hands-on buyer seeking rental income or refurbishment potential in a city-centre position. Be prepared to factor in safety, flood mitigation and improvement costs when assessing total purchase outlay and rental returns.
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