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2 Bed Flat, Potential PLO/LOA, Southampton, SO18 1EH £160,000

No Forward Chain! Popular Bitterne Manor Location!, SO18 1EH - 2 years ago
  1. Deal Search
  2. Southampton
  3. SO18
  4. SO18 1EH
Sold STC
Leasehold
BTL
Negative Equity
ROI: 3%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Southampton
  • More Deals in SO18
  • More Negative Equity Deals
  • More Negative Equity Deals in Southampton
  • More Negative Equity Deals in SO18

Property History

Price changed to £160,000

May 15, 2025

Price changed to £165,000

March 28, 2025

Price changed to £175,000

December 4, 2024

Listed for £180,000

-6%

March 25, 2024

Sold for £190,000

2006

Floor Plans

Description

  • Two Bedroom Apartment +
  • Light and Airy Lounge/Diner +
  • Popular Loaction Of Bitterne Manor +
  • One Allocated Parking Space +
  • 17'7 Master Bedroom With Ensuite +
  • Secure Entry System +
  • Lift and Stairs To All Floors +
  • Easy Commute To Town Centre +
  • Sold with no forward chain! +
  • Follow us on Instagram @fieldpalmer +

Welcome to Vespasian Court! Situated in a waterside location is this purpose built two bedroom flat with allocated parking and SOLD WITH NO FORWARD CHAIN! Boasting an easy commute into Southampton City Centre, the property would make an ideal buy to let investment with an estimated rental income of £1,250pcm (based on current market conditions) or a the perfect first time stepping stone. Neutrally decorated throughout, the property consists of entrance hallway flowing through to a substantial lounge diner, with access to a modern fitted kitchen. Both bedrooms are double rooms with the master bedroom benefiting an en suite shower room. Main bathroom and fitted storage. Additional services include a secure entry system, full double glazing and situated in a peaceful no through road. 

Approach:
Secure entry buzzer system, stairs up to first floor.

Entrance:
Smooth and coved ceiling, storage cupboard, airing cupboard, doors to:

Lounge/Diner
17' 1" (5.21m) x 13' 9" (4.19m) min::
Smooth and coved ceiling, double glazed window to rear aspect, electric heaters, open to:

Kitchen
8' 4" (2.54m) x 5' 9" (1.75m)::
Smooth and coved ceiling with spotlight inset, range of matching wall, base and drawer units with rolled edge work surface over, stainless steel sink and drainer inset, integral electric oven and hob with extractor fan over, integral washing machine, space for fridge/freezer.

Master Bedroom
17' 7" (5.36m) x 10' 7" (3.23m)::
Smooth and coved ceiling, double glazed window to rear aspect, fitted wardrobe space, electric heater, door to:

Ensuite:
Smooth and coved ceiling with spotlight inset, suite comprising of shower cubicle with mains fed shower over, low level WC, hand wash basin, tiling to principle areas.

Bedroom Two
13' (3.96m) x 8' 2" (2.49m)::
Smooth and coved ceiling, double glazed window to rear aspect, electric heater.

Bathroom :
Smooth and coved ceiling with spotlight inset, suite comprising panel enclosed bath with shower over, low level WC, hand wash basin, tiling to principle areas.

**Parking **:
One allocated parking space.

We are advised by the vendor the lease details are as follows:
125 year lease from 2005
Maintenance/Service Charge - £142.25 per month 
Ground Rent - £175 per annum.

Services
Mains Electricity
Mains Water 
Mains Drainage 

Please Note: Field Palmer have not tested any of the services or appliances at this property.

Agent Details

Field Palmer, Bitterne

0238 042 2600

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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