2 Bed Flat, Single Let, Southampton, SO17 1EN, £200,000

Winn Road, Southampton, Hampshire, SO17 1EN - 2 views - 7 months ago

Sold STC
BTL
ROI: 4%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£104K - £525K
Sold Prices/m²£2.2K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£193,213

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£800 - £1,700

Rent Estimate

£1,056

Running Costs/mo

£856

Cashflow/mo

£200

Cashflow/yr

£2,398

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £104K to £525K, average is £183.5K. £2.2K/m² to £3.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£178.5K04/230.05 miFlat 6, Buckingham Court, Westwood Road, Southampton SO17 1HD2
£150K03/210.05 miFlat 12, Buckingham Court, Westwood Road, Southampton SO17 1HD2
£190K07/210.13 miFlat 6, Westwood Court, Westwood Road, Southampton SO17 1UX2
£227.5K09/210.13 miFlat 2, Westwood Court, Westwood Road, Southampton SO17 1UX2
£210K07/210.13 miFlat 5, Westwood Court, Westwood Road, Southampton SO17 1UX2
£182K09/210.25 miFlat 3, Elm Court, Westwood Road, Southampton SO17 1DX2
£195K12/200.25 miFlat 9, Elm Court, Westwood Road, Southampton SO17 1DX2
£190K05/210.25 miFlat 1, Elm Court, Westwood Road, Southampton SO17 1DX2
£174K07/210.27 miFlat 3, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£180K02/210.27 miFlat 2, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£252.5K07/230.27 miFlat 1, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£202K12/210.28 miFlat 11, Westwood Mansions, Westwood Road, Southampton SO17 1UY2
£202K12/200.3 mi12, Moore Close, Southampton SO15 2RS2
£160K08/230.37 mi8a, Rigby Road, Southampton SO17 2EU2
£138K07/210.4 mi36, Shakespeare Avenue, Southampton SO17 2HB2
£160K02/230.41 miFlat 1, Ascupart House, Portswood Road, Southampton SO17 2US2
£150K09/210.42 miFlat 8, Ascupart House, Portswood Road, Southampton SO17 2US2
£150K05/230.42 miFlat 11, Ascupart House, Portswood Road, Southampton SO17 2US2
£142K04/230.42 miFlat 4, Ascupart House, Portswood Road, Southampton SO17 2US2
£210K04/230.43 mi5, Padwell Road, Southampton SO14 6QY2
£153K12/200.43 miFlat 4, Banister Court, Court Road, Southampton SO15 2JS2
£210K06/230.51 mi2, Arlott Court, Southampton SO15 2RZ2
£197K08/230.51 mi30, Arlott Court, Southampton SO15 2RZ2
£192K11/210.54 mi36, James Weld Close, Southampton SO15 2SW2
£195K10/210.54 mi43, James Weld Close, Southampton SO15 2SW2
£218K02/230.54 mi16, James Weld Close, Southampton SO15 2SW2
£152K08/210.55 miFlat 2, Cranford House, Cranford Way, Southampton SO17 1UE2
£185K12/210.55 miFlat 1, Kingfisher Court, Highfield Road, Southampton SO17 1UN2
£525K12/200.56 mi103, Highfield Lane, Southampton SO17 1NN2
£177.5K01/230.62 miFlat 5, Grenville Court, Silverdale Road, Southampton SO15 2TD2
£104K04/210.7 mi6a, Cranbury Avenue, Southampton SO14 0LQ2
£190K06/230.7 miFlat 17, Dorval House, Silverdale Road, Southampton SO15 2NH2
£168K06/210.71 mi31, Adelaide Road, Southampton SO17 2HU2
£170K05/210.73 mi23, Lincoln Court, Southampton SO15 7PY2
£200K08/230.73 mi19, Lincoln Court, Southampton SO15 7PY2
£167K08/210.75 mi100b, Adelaide Road, Southampton SO17 2HX2
£173.5K06/210.77 mi94 Stokes Court, The Dell, Southampton SO15 2PR2
£170K03/230.81 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£190K03/210.81 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£178K11/210.81 mi33a, Norfolk Road, Southampton SO15 5AT2
£197.5K09/230.81 mi5, Kenilworth Road, Southampton SO15 2GD2
£118.5K12/200.85 mi51a, Alfred Street, Southampton SO14 0NB2
£250K03/230.85 miFlat 35, Osborne House, Grosvenor Square, Southampton SO15 2DA2
£163.5K04/230.86 miFlat 4, Bloomsbury Court, Charlton Road, Shirley, Southampton SO15 5FN2
£195K06/230.92 miFlat 19, St Michaels Court, Priory Close, Southampton SO17 2FR2
£162.5K11/200.92 mi23, Whithedwood Avenue, Southampton SO15 5GY2
£230K07/230.94 mi48, Rollesbrook Gardens, Southampton SO15 5WB2
£219K08/210.94 mi58, Rollesbrook Gardens, Southampton SO15 5WB2
£170K07/230.95 mi217, Priory Road, St Denys, Southampton SO17 2LR2
£197K04/210.97 mi104, Rollesbrook Gardens, Southampton SO15 5WD2

Local Rents

46 rents from £800/mo to £1.7K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30009/240.03 miWinn Road, Southampton, Hampshire, SO172
£1,30004/250.04 mi-2
£1,50010/240.05 mi-2
£1,50009/240.05 miBuckingham Court, Southampton, SO172
£1,30009/240.05 miWinn Road, Southampton2
£1,35009/240.05 miWinn Road, Southampton2
£1,35009/240.05 mi-2
£1,70001/250.06 mi-2
£1,29502/240.07 miLingdale Place, 19 Westwood Road2
£1,25009/240.09 miWestwood Road , Southampton 2
£1,20009/240.09 miWestwood Road, Southampton2
£1,25009/240.12 miWestwood Road, SOUTHAMPTON2
£1,35004/250.13 mi-2
£1,00009/240.15 miAlma Road, Southampton2
£1,35009/240.15 miWestwood Road, Portswood2
£1,25009/240.17 miWestwood Road2
£1,10009/240.19 miWinn Road Highfield Southampton2
£80009/240.19 miParklands, Westwood Road2
£1,10009/240.22 miAvenue Road, Central2
£1,35009/240.23 mi-2
£1,20009/240.24 miCavendish Grove, The Avenue, Southampton, SO172
£1,39509/240.26 miOakmount Avenue, Highfield, Southampton, Hampshire, SO172
£87509/240.28 miCedar Road, SOUTHAMPTON2
£1,50009/240.28 mi-2
£1,20009/240.28 miWestwood Road, Highfield2
£1,20009/240.28 miWestwood Road, Southampton, SO172
£1,05012/240.28 mi-2
£1,19504/250.29 mi-2
£1,25004/250.29 mi-2
£1,25009/240.29 miModern 2 Bedroom Flat | The Avenue | Available NOW2
£1,20009/240.29 mi2 Bedroom Apartment | The Avenue | Available NOW2
£1,40009/240.29 mi2 Bedroom Flat | The Avenue | Available 1st September 20242
£1,10009/240.29 miAlma Road, Portswood, Southampton2
£1,20001/250.29 mi-2
£1,40009/240.31 mi-2
£1,20004/250.31 mi-2
£1,20009/240.31 miCambridge Road, Southampton, Hampshire, SO142
£1,55009/240.31 mi2 Bedroom Apartment | The Avenue | Available 1st March 20242
£1,50009/240.31 mi2 Bedroom Apartment | The Avenue | Available 1st September 20242
£1,30009/240.31 mi2 Bedroom Apartment | The Avenue | Available 1st September 20242
£1,32509/240.31 miHulse Road, Southampton2
£1,45009/240.31 miHulse Road, Southampton2
£1,20009/240.32 miCarlton Court, Banister Park2
£1,25009/240.32 miCarlton Court, Southampton SO152
£1,10009/240.32 miHulse Road, Southampton2
£1,41709/240.32 mi-2

Local Area Statistics

Population in SO17

19,429

Population in Southampton

428,247

Town centre distance

0.49 miles away

Nearest school

0.10 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-22%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £200,000

October 4, 2024

Floor Plans

Description

Great opportunity to purchase this first floor two double bedroom apartment which enjoys a southerly aspect from all windows. and the balcony and share of freehold.

The apartment is located in the ever popular Winn Road, just a short walk away from Portswood High Street, Waitrose and Southampton Common. Briefly comprising of an entrance hall with doors leading to all rooms. Large spacious lounge with space for dining table and door leading out onto the balcony. Generous fitted kitchen/breakfast room. Both bedrooms are doubles with the second bedroom benefiting from a built in wardrobe, A four piece bathroom serves both bedrooms which includes a separate shower cubicle. The apartment benefits from electric heating, double glazed windows throughout, secure entry system, garage and additional residents parking. An internal viewing is essential to appreciate the size location and aspect this property has to offer.

Additional Information:
Lease length 999 years from 1973
annual maintenance & service charges - £1920
Ground rent per year - £0

Agent Details

Morris Dibben, Southampton

0238 144 9928

Next Steps?

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

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