2 Bed Flat, Single Let, Southampton, SO14 2BZ, £205,000

10 Forest View, Southampton, SO14 2BZ - a year ago

Sold STC
BTL
ROI: 3%
62 m²
+4 photos

ValuationOvervalued

Sold Prices£85K - £395K
Sold Prices/m²£1.2K/m² - £3.8K/m²

 

 

Square Metres

62 m²
Price/m²£3.3K/m²

Value Estimate

£176,080

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£51,250

Stamp Duty & Legal Fees

£7,350

Total Cash In

£58,600

 

 

Cash Out

 

Rent Range

£995 - £2,200

Rent Estimate

£1,038

Running Costs/mo

£868

Cashflow/mo

£170

Cashflow/yr

£2,037

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £85K to £395K, average is £197.3K. £1.2K/m² to £3.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£270K09/210.25 miFlat 4, Mayflower Court, Bugle Street, Southampton SO14 2AP2
£130K11/210.3 miFlat 20, St James House, Orchard Lane, Southampton SO14 3DH2
£255K05/210.32 miFlat 51, The Greenwich, Gloucester Square, Southampton SO14 2GJ2
£228K03/210.34 miFlat 20, The Albany, Gloucester Square, Southampton SO14 2GH2
£315K11/210.35 miFlat 147, Oceana Boulevard, Orchard Place, Southampton SO14 3HW2
£250K03/230.37 mi16a, Oxford Street, Southampton SO14 3DJ2
£152K05/210.41 miFlat 32, Kingsland House, North Front, Southampton SO14 1LJ2
£142K11/210.45 miFlat 6, Lewis House, North Front, Southampton SO14 1LH2
£142K03/210.47 mi47, White Star Place, Southampton SO14 3GN2
£137K02/210.48 mi46, White Star Place, Southampton SO14 3GN2
£190K12/200.49 miFlat 2, Imperial Apartments, South Western House, Southampton SO14 3DW2
£100K09/230.5 mi28, James Street, Southampton SO14 1PJ2
£117K03/210.52 miFlat 83, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£119K12/200.52 miFlat 161, Wyndham Court, Commercial Road, Southampton SO15 1GU2
£95K06/210.53 miFlat 99, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£85K02/230.53 miFlat 99, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£185K07/210.53 miFlat 6, Raleigh House, The Compass, Southampton SO14 5BP2
£177K04/210.53 miFlat 34, Raleigh House, The Compass, Southampton SO14 5BP2
£205K11/200.53 miFlat 33, Columbus House, The Compass, Southampton SO14 5BQ2
£120K04/210.59 mi185, Golden Grove, Southampton SO14 1TD2
£298.5K05/230.69 mi37 The Moresby Tower, Admirals Quay, Ocean Way, Southampton SO14 3LF2
£395K02/230.69 mi137 The Hawkins Tower, Admirals Quay, Ocean Way, Southampton SO14 3LH2
£250K03/230.69 miFlat 35, Osborne House, Grosvenor Square, Southampton SO15 2DA2
£128K03/210.69 miFlat 12, Consulate House, Canute Road, Southampton SO14 3FW2
£183.5K12/200.7 miFlat 34, Queens Court, Hill Lane, Southampton SO15 5RR2
£220K03/230.7 mi283 The Blake Building, Admirals Quay, Ocean Way, Southampton SO14 3LN2
£180K09/210.72 miFlat 7, Shelley Court, Hill Lane, Southampton SO15 5SN2
£130K02/210.72 miFlat 20, Shelley Court, Hill Lane, Southampton SO15 5SN2
£270K03/230.74 miFlat 25, Cobalt Quarter, Maritime Walk, Southampton SO14 3JY2
£268K06/210.75 mi14, Alcantara Crescent, Southampton SO14 3HR2
£222K06/210.75 mi37, Alcantara Crescent, Southampton SO14 3HR2
£250K11/200.75 mi19, Alcantara Crescent, Southampton SO14 3HR2
£240K07/210.75 mi20, Alcantara Crescent, Ocean Village, Southampton SO14 3HR2
£265K05/230.75 mi13, Alcantara Crescent, Ocean Village, Southampton SO14 3HR2
£170K03/230.76 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£190K03/210.76 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£197.5K09/230.77 mi5, Kenilworth Road, Southampton SO15 2GD2
£225K07/210.79 mi17, Asturias Way, Southampton SO14 3HT2
£197K04/210.8 mi104, Rollesbrook Gardens, Southampton SO15 5WD2
£230K07/230.81 mi48, Rollesbrook Gardens, Southampton SO15 5WB2
£219K08/210.81 mi58, Rollesbrook Gardens, Southampton SO15 5WB2
£280K06/210.84 mi57, Andes Close, Southampton SO14 3HS2
£245K06/210.87 mi65a, Shirley Road, Southampton SO15 3EZ2
£245K06/210.88 mi65a, Shirley Road, Southampton SO15 3EZ2
£110K01/210.88 mi41, Atlantic Close, Southampton SO14 3TB2
£110K01/210.88 mi41, Atlantic Close, Southampton SO14 3TB2
£275K06/230.9 mi30, Pacific Close, Ocean Village, Southampton SO14 3TX2
£290K05/210.9 mi17, Pacific Close, Southampton SO14 3TX2
£142.5K11/200.91 mi5b, Waterloo Road, Southampton SO15 3AQ2
£142.5K11/200.91 mi5b, Waterloo Road, Southampton SO15 3AQ2

Local Rents

49 rents from £995/mo to £2.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10009/240.08 miHigh Street, Southampton2
£1,00009/240.08 miHigh Street, Southampton2
£2,20010/240.08 mi-2
£2,10010/240.08 mi-2
£2,10011/240.08 mi-2
£2,00003/250.08 mi-2
£2,00004/250.08 mi-2
£2,00004/250.08 mi-2
£1,50009/240.11 miRoyal Court 56 Bugle Street, Southampton2
£1,35009/240.11 miC High Street, Southampton2
£1,15009/240.15 mi|Ref: R152329|, Hanover Court, Southampton, SO14 1BP2
£99509/240.17 miHalifax Apartments, SO142
£1,09509/240.17 mi1-2 Hanover Buildings, Southampton2
£1,20009/240.17 miFrench Court, 63 Castle Way, Southampton, Hampshire2
£1,15009/240.19 mi|Ref: R152476|, Hanover Building, Southampton, SO14 1JH 2
£1,10009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,10009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.19 miHanover Buildings, Southampton2
£1,30009/240.19 miHanover Buildings, Southampton2
£1,25009/240.19 miHanover Buildings, Southampton2
£1,20009/240.19 miHanover Court, Southampton, Hampshire, SO14 1BP2
£1,15009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,10009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,30009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,25009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,30009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.19 miF-4 HANOVER COURT, Southampton, Hampshire, SO142
£1,10009/240.19 mi|Ref: R152456|, Hanover Buildings, Southampton, SO14 1JH2
£1,30009/240.19 mi|Ref: R152647|, Hanover Buildings, Southampton, SO14 1JH2
£1,30009/240.19 mi|Ref: R152382|, Hanover Buildings, Southampton, SO14 1JH2
£1,25009/240.19 mi|Ref: R152181|, Hanover House, 19a Hanover Buildings, Southampton, SO14 1JH2
£1,10009/240.19 mi|Ref: R152202|, Hanover House, Hanover Building, Southampton, SO14 1JH2
£1,10009/240.2 miPolymond House, Castle Way2
£1,20009/240.2 miPolymond House, Castle Way2
£1,15009/240.21 miHanover Buildings, Southampton2
£1,35009/240.21 mi2 Bedroom Flat | City Centre | Available 1st September 20242
£1,10009/240.21 miHigh Street, Southampton, SO142
£1,03010/240.22 mi-2
£1,35009/240.24 mi|Ref: R189396|, Castle Place, High Street, Southampton, SO14 2EA2
£1,57509/240.25 miGatehouse Apartments, Southampton Southampton SO142
£1,55009/240.25 miGatehouse Apartments, Southampton Southampton SO142
£1,70009/240.25 miGatehouse Apartments, Southampton Southampton SO142
£1,65009/240.25 miGatehouse Apartments, Southampton Southampton SO142
£1,79909/240.25 miQueensway, Southampton, Hampshire, SO142
£1,61909/240.25 miQueensway, Southampton, Hampshire, SO142
£1,45609/240.25 miQueensway, Southampton, Hampshire, SO142
£1,60509/240.25 miQueensway, Southampton, Hampshire, SO142
£1,45609/240.25 miQueensway, Southampton, Hampshire, SO142
£1,60509/240.25 miQueensway, Southampton, Hampshire, SO142

Local Area Statistics

Population in SO14

27,223

Population in Southampton

428,247

Town centre distance

1.45 miles away

Nearest school

0.20 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £205,000

March 18, 2024

Floor Plans

Description

  • No Forward Chain +
  • Two Bedroom Ground Floor Apartment +
  • Enclosed Low Maintenance Rear Garden +
  • Constructed In The Early 1900's +
  • Basement +
  • Large Lounge +
  • Fitted Kitchen +
  • Short Walk To West Quay Shopping Centre & City Centre +
  • Double Glazed +
  • Gas Central Heating +

Forest View is located within the historic mediaeval walls of Southampton. Conveniently located in the heart of Southampton City Centre which is within walking distance to West Quay Shopping Centre, Southampton Train Station & the Red Funnel. Believed to be constructed around the early 1900's. Offered with no forward chain is this two bedroom ground floor apartment. Comprising of a large lounge with bay window. Fitted kitchen with space for white goods and sliding doors opening onto the low maintenance walled private rear garden. The principal bedroom has a bay window. Three-piece bathroom with shower over the bath. Basement. Parking at the front of the property on a first come first serve basis. Please call to arrange an internal viewing to appreciate the size of the property.

ENTRANCE HALL:
Smooth ceiling and walls. Radiator. Storage cupboards. Doors to all rooms and basement.

KITCHEN 13' 11" (4.24m) x 10' 4" (3.16m):
Double glazed sliding doors opening onto the garden. Smooth ceiling. Single drainer one and a half bowl sink unit with mixer tap and cupboard under. A range of matching eye level and base mounted units with roll top work surface over. Built-in double oven with fitted four ring gas hob and extractor over. Space and plumbing for washing machine. Space for fridge/freezer. Radiator. Tiled flooring. Door to:-

LOUNGE 18' 0" (5.50m) x 10' 4" (3.16m):
Double glazed bay window to front aspect. Laminate flooring. Coving to smooth ceiling. Radiator. 

BEDROOM ONE 14' 1" (4.30m) x 11' 4" (3.46m):
Double glazed bay window to front aspect. Laminate flooring. Coving to smooth ceiling. Radiator. 

BEDROOM TWO 8' 9" (2.66m) x 6' 11" (2.12m):
Double glazed French doors to rear aspect. Coving to smooth ceiling. Radiator. 

BATHROOM: 6' 11" (2.12m) x 5' 5" (1.66m):
Smooth ceiling. Extractor. Pedestal sink with mixer tap, low level flush w.c. and panel enclosed bath with mixer tap shower attachment. Heated towel rail. Tiled walls.

**BASEMENT **10' (3.05m) x 18' 11" (5.77m):

OUTSIDE
Private rear garden to the rear, walled and low maintenance. To the front of the property is first come first serve parking.

TENURE
Share of Freehold.  Remaining Lease Term:  969 Years.
Maintenance/Service Charge: £0
Ground Rent: 0

COUNCIL TAX:
Southampton City Council
BAND:        A
CHARGE:   £1,438.00
YEAR:        2024/2025

Agent Details

Pearsons, Southampton

0238 023 3288

Next Steps?

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