Ready-let two-bedroom apartment with balcony and parking for cash investors.
Currently tenanted and sold with tenants in situ (investors only)
Cash buyers only; sale offered with no onward chain
Private balcony with city/park views and third-floor position
Allocated undercroft parking space included
135 years remaining on lease; leasehold tenure
Service charge approx £2,400 per annum; affects net yield
Main heating via electric room heaters; consider running costs
Small ground rent (£125 pa); check lease and additional fees
Situated on the third floor of the recognizable Oceana Boulevard development, this two-bedroom, two-bath apartment is offered to investors with tenants in situ. The property has a private balcony with city and park outlooks and an allocated undercroft parking space — useful for tenant appeal in central Southampton.
Practical details are clear: 135 years remaining on the lease, an average-sized 657 sq ft internal area, a service charge around £2,400pa and a small ground rent of £125pa. Heating is electric (room heaters), and the building benefits from double glazing installed post-2002. The sale is cash buyers only and offered with no onward chain.
The location sits in a cosmopolitan, student-dense part of Southampton city centre which supports steady rental demand from students and city professionals. For investors this is a turn-key let with immediate income, while also offering medium-term re-letting flexibility should market rents rise.
Buyers should note the material points: sale restricted to cash purchasers, current tenancy remains in place, and higher service charges will affect net yield. Prospective purchasers are advised to review tenancy details, service charge accounts and to factor electric heating and potential future communal costs into running-cost calculations.
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