Summary -
Flat 13,156, Hill Lane,SOUTHAMPTON,SO15 5ND
SO15 5ND
1 bed 1 bath Flat
**Standout Features:**
- No forward chain—immediate availability
- Ideal buy-to-let investment potential with estimated rent of £650 - £675 pcm
- Allocated off-road parking and use of a communal bike store
- Located near Southampton Central Station and city center
- Leasehold with 70 years remaining on the lease (may impact mortgage eligibility)
- Low council tax band (A)
This charming one-bedroom flat presents a unique opportunity for first-time buyers or seasoned investors looking to tap into the rental market. With a competitive auction starting price of £75,000, you’ll enjoy the benefits of allocated off-road parking and a prime location close to shops, healthcare facilities, and key transport links. The flat features a functional layout including a lounge, kitchen, bathroom, and bedroom, perfect for tenants or personal living.
While the flat has great potential for rental income, future buyers should consider the shorter lease duration of 70 years, which may pose challenges for mortgage lenders, so cash buyers may have an edge. The property is part of a small development and is within reach of reputable schools, making it appealing for families. With a busy exterior and a growing demand in this cosmopolitan neighborhood, this first-floor flat won't last long—take the opportunity to make it yours!
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