Immediate income with covered parking and long-standing tenant in place.
Private underground parking included, secure off-street space
Long-term tenant in situ — immediate rental income stream
Current annual gross income £14,400; approximate 9.3% gross yield
Leasehold tenure; review lease length and service charges
Located in a student/cosmopolitan area — strong rental demand
Higher local crime rate — factor into lettings and insurance
No private garden or notable external views; average-sized rooms
Buyers Premium applies; see Let Property Pack for full details
A practical two-bedroom, two-bath apartment in central Southampton offered with a long-term tenant in situ. The property includes private underground parking and generates a current gross income of £14,400 per year, providing immediate rental return for an investor buyer. The accommodation is average-sized and arranged in a traditional flat layout across approximately 710 sq ft.
This is a clear buy-to-let opportunity: purchase with income already in place and a tenant wishing to remain. The current rent versus asking price gives a strong gross return (around 9.3% based on the listed price), making the flat suitable for investors seeking instant yield and low void risk.
Important considerations: the property is leasehold and located in a student-cosmopolitan neighbourhood with higher-than-average local crime statistics. There is no private garden or notable views, and the development appears modern and purpose-built. A Buyers Premium will apply to secure the purchase — check the Let Property Pack for full tenancy, lease, and service-charge details before committing.
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