2 Bed Flat, Single Let, Southampton, SO14 7FG, £169,950

Prudential Buildings, 97 Above Bat Street, Southampton, SO14 7FG - 8 views - a year ago

Leasehold
BTL
ROI: 8%
~68 m²
+13 photos

ValuationUndervalued

Sold Prices£85K - £395K
Sold Prices/m²£1.2K/m² - £3.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£191,112
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,488

Stamp Duty & Legal Fees

£6,299

Total Cash In

£48,786

 

 

Cash Out

 

Rent Range

£995 - £3,000

Rent Estimate

£1,100

Running Costs/mo

£771

Cashflow/mo

£329

Cashflow/yr

£3,947

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £85K to £395K, average is £181.8K. £1.2K/m² to £3.4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£152K05/210.18 miFlat 32, Kingsland House, North Front, Southampton SO14 1LJ2
£142K11/210.22 miFlat 6, Lewis House, North Front, Southampton SO14 1LH2
£95K06/210.34 miFlat 99, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£85K02/230.34 miFlat 99, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£117K03/210.34 miFlat 83, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£119K12/200.34 miFlat 161, Wyndham Court, Commercial Road, Southampton SO15 1GU2
£250K03/230.4 miFlat 35, Osborne House, Grosvenor Square, Southampton SO15 2DA2
£120K04/210.4 mi185, Golden Grove, Southampton SO14 1TD2
£100K09/230.42 mi28, James Street, Southampton SO14 1PJ2
£170K03/230.48 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£190K03/210.48 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£130K11/210.48 miFlat 20, St James House, Orchard Lane, Southampton SO14 3DH2
£197.5K09/230.49 mi5, Kenilworth Road, Southampton SO15 2GD2
£183.5K12/200.52 miFlat 34, Queens Court, Hill Lane, Southampton SO15 5RR2
£180K09/210.54 miFlat 7, Shelley Court, Hill Lane, Southampton SO15 5SN2
£130K02/210.54 miFlat 20, Shelley Court, Hill Lane, Southampton SO15 5SN2
£177K04/210.54 miFlat 34, Raleigh House, The Compass, Southampton SO14 5BP2
£205K11/200.55 miFlat 33, Columbus House, The Compass, Southampton SO14 5BQ2
£137K02/210.55 mi46, White Star Place, Southampton SO14 3GN2
£142K03/210.55 mi47, White Star Place, Southampton SO14 3GN2
£185K07/210.56 miFlat 6, Raleigh House, The Compass, Southampton SO14 5BP2
£270K09/210.56 miFlat 4, Mayflower Court, Bugle Street, Southampton SO14 2AP2
£250K03/230.58 mi16a, Oxford Street, Southampton SO14 3DJ2
£197K04/210.59 mi104, Rollesbrook Gardens, Southampton SO15 5WD2
£230K07/230.59 mi48, Rollesbrook Gardens, Southampton SO15 5WB2
£219K08/210.59 mi58, Rollesbrook Gardens, Southampton SO15 5WB2
£315K11/210.6 miFlat 147, Oceana Boulevard, Orchard Place, Southampton SO14 3HW2
£255K05/210.62 miFlat 51, The Greenwich, Gloucester Square, Southampton SO14 2GJ2
£228K03/210.63 miFlat 20, The Albany, Gloucester Square, Southampton SO14 2GH2
£118.5K12/200.64 mi51a, Alfred Street, Southampton SO14 0NB2
£104K04/210.66 mi6a, Cranbury Avenue, Southampton SO14 0LQ2
£192K11/210.68 mi36, James Weld Close, Southampton SO15 2SW2
£195K10/210.68 mi43, James Weld Close, Southampton SO15 2SW2
£218K02/230.68 mi16, James Weld Close, Southampton SO15 2SW2
£190K12/200.69 miFlat 2, Imperial Apartments, South Western House, Southampton SO14 3DW2
£245K06/210.73 mi65a, Shirley Road, Southampton SO15 3EZ2
£245K06/210.73 mi65a, Shirley Road, Southampton SO15 3EZ2
£173.5K06/210.74 mi94 Stokes Court, The Dell, Southampton SO15 2PR2
£142.5K11/200.78 mi5b, Waterloo Road, Southampton SO15 3AQ2
£142.5K11/200.78 mi5b, Waterloo Road, Southampton SO15 3AQ2
£190K06/230.79 miFlat 17, Dorval House, Silverdale Road, Southampton SO15 2NH2
£150K06/230.8 mi99a, Shirley Road, Southampton SO15 3FE2
£128K03/210.8 miFlat 12, Consulate House, Canute Road, Southampton SO14 3FW2
£210K04/230.82 mi5, Padwell Road, Southampton SO14 6QY2
£153K12/200.82 miFlat 4, Banister Court, Court Road, Southampton SO15 2JS2
£177K02/210.84 mi16, Arthur Road, Southampton SO15 5DY2
£395K02/230.84 mi137 The Hawkins Tower, Admirals Quay, Ocean Way, Southampton SO14 3LH2
£220K03/230.85 mi283 The Blake Building, Admirals Quay, Ocean Way, Southampton SO14 3LN2
£298.5K05/230.85 mi37 The Moresby Tower, Admirals Quay, Ocean Way, Southampton SO14 3LF2
£140K06/230.86 mi3, Dymott Close, Southampton SO15 3HG2

Local Rents

50 rents from £995/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,00009/240 miAbove Bar Street, City Centre2
£1,25009/240.07 miOgle Road, Southampton2
£1,03010/240.09 mi-2
£1,40004/250.1 mi-2
£1,10010/240.1 mi-2
£1,10010/240.1 mi-2
£1,00003/250.1 mi-2
£1,59009/240.13 miPark Walk, Guildhall Apartments, 10 Park Walk, Southampton, Hampshire, SO14 7BL2
£1,45009/240.13 miPark Walk, Southampton, SO142
£1,25008/240.17 mi-2
£1,09509/240.19 mi1-2 Hanover Buildings, Southampton2
£99509/240.2 miHalifax Apartments, SO142
£1,15009/240.2 miParkview Mansions, New Road, Southampton, SO142
£1,15009/240.23 mi|Ref: R152476|, Hanover Building, Southampton, SO14 1JH 2
£1,15009/240.23 mi|Ref: R152329|, Hanover Court, Southampton, SO14 1BP2
£1,80003/250.24 mi-2
£2,20004/250.24 mi-2
£1,30009/240.24 mi|Ref: R152647|, Hanover Buildings, Southampton, SO14 1JH2
£1,10009/240.24 mi|Ref: R152456|, Hanover Buildings, Southampton, SO14 1JH2
£1,10009/240.24 mi|Ref: R152202|, Hanover House, Hanover Building, Southampton, SO14 1JH2
£1,25009/240.24 mi|Ref: R152181|, Hanover House, 19a Hanover Buildings, Southampton, SO14 1JH2
£1,30009/240.24 mi|Ref: R152382|, Hanover Buildings, Southampton, SO14 1JH2
£1,10009/240.24 miHanover Buildings, Southampton, Hampshire, SO142
£1,30009/240.24 miHanover Buildings, Southampton2
£1,25009/240.24 miHanover Buildings, Southampton2
£1,25009/240.24 miHanover Buildings, Southampton, Hampshire, SO142
£1,30009/240.24 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.24 miHanover Buildings, Southampton2
£1,10009/240.24 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.24 miHanover Buildings, Southampton, Hampshire, SO142
£1,20009/240.24 miHanover Court, Southampton, Hampshire, SO14 1BP2
£1,30009/240.24 miHanover Buildings, Southampton, Hampshire, SO142
£1,10009/240.24 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.24 miF-4 HANOVER COURT, Southampton, Hampshire, SO142
£2,20009/240.25 mi-2
£3,00009/240.25 mi-2
£1,15009/240.25 miHanover Buildings, Southampton2
£1,35009/240.25 mi2 Bedroom Flat | City Centre | Available 1st September 20242
£1,35009/240.27 miC High Street, Southampton2
£1,15003/250.28 mi-2
£1,27509/240.3 miCommercial Road, Southampton SO152
£1,27509/240.3 miCommercial Road, Southampton SO152
£1,27509/240.3 miCommercial Road, SO152
£1,25009/240.32 miCraven Street Southampton, SO142
£1,45002/250.32 mi-2
£1,20004/250.32 mi-2
£1,15009/240.33 miBrunswick Place, Southampton, Hampshire, SO152
£1,45009/240.34 miParkview, Handel Road, SO152
£2,10010/240.34 mi-2
£2,20010/240.34 mi-2

Local Area Statistics

Population in SO14

27,223

Population in Southampton

428,247

Town centre distance

1.14 miles away

Nearest school

0.40 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £169,950

February 28, 2024

Floor Plans

Description

  • 2 bedroom apartment +
  • City Centre amenities +
  • Walk away from West Quay Shopping centre +
  • 78 sq metres of accommodation +
  • Modern fitted kitchen +
  • An array of built in appliances +
  • Refurbished shower suite +
  • Offering character, space and light +
  • Wishbone style wooden flooring +
  • Featured fire places +

Franklinallan are proud to offer for sale this individual two bedroom apartment position in the heart of the Southampton City on Above Bar Street a short walk away from Westquay Shopping Centre. Prudential Buildings is a historical building which dates back to the 18th century, this iconic structure stands tall facing towards Palmerston Park. This property is a credit to the former owner who has completely refurbished the apartment to the standard you see today, viewing inside is must to appreciate every little detail. The accommodation briefly comprises of communal entrance with stairs leading to the second floor level, once inside the apartment you are greeted with this grand large open space hallway leading you through to the living room, bedrooms and shower room. Featured fireplace places sit in the heart of the apartment along with high ceilings, sash windows and original features. Facing the front there's a spacious living room leading onto a separate modern fitted kitchen with an array of built in appliances. Then for that final piece of luxury a refurbished walk-in shower room with under floor heating and twin wash hand basins. All amenities you'd expect to have at your door step are surrounding the apartment, coupled with the size measuring a total of 78 sqm makes this property one of the best in its class and essential to view internally to fully appreciate. Simply contact our estate agency and we'll make all the necessary arrangements.

*2 bedroom apartment
*City Centre Amenities
*Walk away to West Quay Shopping Centre
*78 sq metres of accommodation
*Modern fitted kitchen
*An array of built in kitchen appliances
*Refurbished shower suite
*Offering character, space and light
*Wishbone wooden flooring
*Featured fire places

Communal hallway
Stairs to all floors, second floor, door to

Hallway
Wishbone wooden featured flooring, sash window with fitted window seat below, built in cupboard housing hot-water tank, inset ceiling spot lighting, cornice, Two featured fireplaces, doors to

Living room 4m 42cm by 4m 42cm (14' 6" by 14' 6")
Two sash windows facing rear with secondary glazing, featured fireplace, wishbone wooden featured flooring, inset ceiling spot lighting, doorway to

Kitchen 3m 13cm by 2m 8cm (10' 3" by 6' 10")
Modern fitted kitchen comprising of inset sink with swan neck mixer taps over, cupboards under, further eye and base level units, wooden work-surfaces over, built in dish-washer, washing machine, fridge freezer, oven and electric hob, tiled splashbacks, tiled floor, inset ceiling lighting and under wall unit lights.

Bedroom one
4m 42cm by 4m 22cm (14' 6" by 13' 10")
Two sash windows facing the front with secondary glazing, featured fireplace, wishbone wooden featured flooring, cornice.

Bedroom two
4m 35cm by 2m 9cm (14' 3" by 6' 10")
Two sash windows facing the rear with secondary glazing, wishbone wooden featured flooring, cornice.

Shower room 2m 12cm by 2m 5cm (6' 11" by 6' 9")
Walk in featured shower room with mixer shower over, twin wash hand basins with vanity units under, concealed cistern WC, tiled flooring, tiled walls, sash window facing the rear, shaver point, heated towel rail, under floor electric heating, inset ceiling spot lighting.

Franklin Allan Property Services Limited is a company registered in England, Company No. 14515143

Disclaimer
Whilst we endeavour to make our sales particulars as accurate and reliable as possible, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information. The mention of any appliances and/or services in these details does not imply that these are in full and efficient working order or have been inspected by ourselves. Please be advised that some of the particulars may be awaiting vendor approval. Please contact Jason Franklin should you have any queries and we will try our utmost to assist.

All Measurements
All measurements are approximate, all measurements have been taken using a laser tape measure and therefore, may be subject to a small margin of error.

Agent Details

FRANKLIN ALLAN PROPERTY SERVICES, Southampton

0238 001 2503

Next Steps?

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