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

Hamilton Court, Southampton SO17 1EN - 5 views - 6 months ago

Leasehold

BTL

ROI: 1%

~68 m²

+11 photos

ValuationOvervalued

Sold Prices	£104K - £525K
Sold Prices/m²	£2K/m² - £3.8K/m²

Square Metres	~68.11 m²
Price/m²	£2.9K/m²
Value Estimate	£192,981£192,981

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£50,000£50,000
Stamp Duty & Legal Fees	£7,200£7,200
Total Cash In	£57,200£57,200

Cash Out
Rent Range	£800 - £1,700£800 - £1,700
Rent Estimate	£838
Running Costs/mo	£813£813
Cashflow/mo	£25£25
Cashflow/yr	£305£305
ROI	1%1%
Gross Yield	5%5%

Local Sold Prices

48 sold prices from £104K to £525K, average is £179.3K. £2K/m² to £3.8K/m², average is £2.8K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£190K	07/21	0.05 mi	Flat 6, Westwood Court, Westwood Road, Southampton SO17 1UX	-	-	2	Flat
£227.5K	09/21	0.05 mi	Flat 2, Westwood Court, Westwood Road, Southampton SO17 1UX	-	-	2	Flat
£210K	07/21	0.05 mi	Flat 5, Westwood Court, Westwood Road, Southampton SO17 1UX	-	-	2	Flat
£178.5K	04/23	0.12 mi	Flat 6, Buckingham Court, Westwood Road, Southampton SO17 1HD	-	-	2	Flat
£150K	03/21	0.12 mi	Flat 12, Buckingham Court, Westwood Road, Southampton SO17 1HD	-	-	2	Flat
£182K	09/21	0.15 mi	Flat 3, Elm Court, Westwood Road, Southampton SO17 1DX	-	-	2	Flat
£195K	12/20	0.15 mi	Flat 9, Elm Court, Westwood Road, Southampton SO17 1DX	-	-	2	Flat
£190K	05/21	0.15 mi	Flat 1, Elm Court, Westwood Road, Southampton SO17 1DX	-	-	2	Flat
£252.5K	07/23	0.17 mi	Flat 1, Latimer Court, Brookvale Road, Southampton SO17 1QX	-	-	2	Flat
£174K	07/21	0.18 mi	Flat 3, Latimer Court, Brookvale Road, Southampton SO17 1QX	-	-	2	Flat
£180K	02/21	0.18 mi	Flat 2, Latimer Court, Brookvale Road, Southampton SO17 1QX	-	-	2	Flat
£202K	12/21	0.18 mi	Flat 11, Westwood Mansions, Westwood Road, Southampton SO17 1UY	-	-	2	Flat
£138K	07/21	0.32 mi	36, Shakespeare Avenue, Southampton SO17 2HB	£2,226	62	2	Flat
£160K	08/23	0.33 mi	8a, Rigby Road, Southampton SO17 2EU	£2,286	70	2	Flat
£160K	02/23	0.37 mi	Flat 1, Ascupart House, Portswood Road, Southampton SO17 2US	-	-	2	Flat
£150K	09/21	0.39 mi	Flat 8, Ascupart House, Portswood Road, Southampton SO17 2US	-	-	2	Flat
£150K	05/23	0.39 mi	Flat 11, Ascupart House, Portswood Road, Southampton SO17 2US	-	-	2	Flat
£142K	04/23	0.39 mi	Flat 4, Ascupart House, Portswood Road, Southampton SO17 2US	-	-	2	Flat
£202K	12/20	0.39 mi	12, Moore Close, Southampton SO15 2RS	£3,156	64	2	Flat
£525K	12/20	0.46 mi	103, Highfield Lane, Southampton SO17 1NN	£3,201	164	2	Flat
£210K	04/23	0.46 mi	5, Padwell Road, Southampton SO14 6QY	£2,840	74	2	Flat
£152K	08/21	0.47 mi	Flat 2, Cranford House, Cranford Way, Southampton SO17 1UE	-	-	2	Flat
£185K	12/21	0.5 mi	Flat 1, Kingfisher Court, Highfield Road, Southampton SO17 1UN	-	-	2	Flat
£153K	12/20	0.52 mi	Flat 4, Banister Court, Court Road, Southampton SO15 2JS	-	-	2	Flat
£192K	11/21	0.61 mi	36, James Weld Close, Southampton SO15 2SW	-	-	2	Flat
£195K	10/21	0.61 mi	43, James Weld Close, Southampton SO15 2SW	-	-	2	Flat
£210K	06/23	0.61 mi	2, Arlott Court, Southampton SO15 2RZ	£3,265	64	2	Flat
£197K	08/23	0.61 mi	30, Arlott Court, Southampton SO15 2RZ	£3,788	52	2	Flat
£218K	02/23	0.61 mi	16, James Weld Close, Southampton SO15 2SW	-	-	2	Flat
£168K	06/21	0.63 mi	31, Adelaide Road, Southampton SO17 2HU	£2,471	68	2	Flat
£167K	08/21	0.66 mi	100b, Adelaide Road, Southampton SO17 2HX	-	-	2	Flat
£104K	04/21	0.72 mi	6a, Cranbury Avenue, Southampton SO14 0LQ	-	-	2	Flat
£177.5K	01/23	0.72 mi	Flat 5, Grenville Court, Silverdale Road, Southampton SO15 2TD	-	-	2	Flat
£170K	05/21	0.79 mi	23, Lincoln Court, Southampton SO15 7PY	£2,833	60	2	Flat
£200K	08/23	0.79 mi	19, Lincoln Court, Southampton SO15 7PY	£3,333	60	2	Flat
£190K	06/23	0.8 mi	Flat 17, Dorval House, Silverdale Road, Southampton SO15 2NH	-	-	2	Flat
£195K	06/23	0.83 mi	Flat 19, St Michaels Court, Priory Close, Southampton SO17 2FR	-	-	2	Flat
£170K	07/23	0.85 mi	217, Priory Road, St Denys, Southampton SO17 2LR	-	-	2	Flat
£118.5K	12/20	0.86 mi	51a, Alfred Street, Southampton SO14 0NB	£2,155	55	2	Flat
£173.5K	06/21	0.86 mi	94 Stokes Court, The Dell, Southampton SO15 2PR	-	-	2	Flat
£170K	03/23	0.88 mi	Flat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ	-	-	2	Flat
£190K	03/21	0.88 mi	Flat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ	-	-	2	Flat
£197.5K	09/23	0.89 mi	5, Kenilworth Road, Southampton SO15 2GD	-	-	2	Flat
£178K	11/21	0.91 mi	33a, Norfolk Road, Southampton SO15 5AT	-	-	2	Flat
£163K	01/23	0.92 mi	619, Portswood Road, Southampton SO17 3SL	£2,587	63	2	Flat
£250K	03/23	0.93 mi	Flat 35, Osborne House, Grosvenor Square, Southampton SO15 2DA	-	-	2	Flat
£163.5K	04/23	0.96 mi	Flat 4, Bloomsbury Court, Charlton Road, Shirley, Southampton SO15 5FN	-	-	2	Flat
£145K	08/21	0.98 mi	72b, Bitterne Road West, Southampton SO18 1AP	£1,959	74	2	Flat

Local Rents

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

Rent	Date	Distance	Address	Beds	Type
£1,700	01/25	0.05 mi	-	2	Flat
£1,300	04/25	0.07 mi	-	2	Flat
£1,350	09/24	0.07 mi	-	2	Flat
£1,300	09/24	0.07 mi	Winn Road, Southampton	2	Flat
£1,350	09/24	0.07 mi	Winn Road, Southampton	2	Flat
£1,350	09/24	0.08 mi	Westwood Road, Portswood	2	Flat
£1,250	09/24	0.08 mi	Westwood Road	2	Flat
£1,100	09/24	0.08 mi	Winn Road Highfield Southampton	2	Flat
£800	09/24	0.11 mi	Parklands, Westwood Road	2	Flat
£1,295	02/24	0.11 mi	Lingdale Place, 19 Westwood Road	2	Flat
£1,300	09/24	0.11 mi	Winn Road, Southampton, Hampshire, SO17	2	Flat
£1,250	09/24	0.12 mi	Westwood Road , Southampton	2	Flat
£1,500	10/24	0.12 mi	-	2	Flat
£1,500	09/24	0.12 mi	Buckingham Court, Southampton, SO17	2	Flat
£1,350	09/24	0.13 mi	-	2	Flat
£1,200	09/24	0.16 mi	Westwood Road, Southampton	2	Flat
£1,200	09/24	0.18 mi	Westwood Road, Highfield	2	Flat
£1,200	09/24	0.18 mi	Westwood Road, Southampton, SO17	2	Flat
£1,395	09/24	0.2 mi	Oakmount Avenue, Highfield, Southampton, Hampshire, SO17	2	Flat
£1,250	09/24	0.21 mi	Westwood Road, SOUTHAMPTON	2	Flat
£1,000	09/24	0.22 mi	Alma Road, Southampton	2	Flat
£1,350	04/25	0.22 mi	-	2	Flat
£1,100	09/24	0.24 mi	Alma Road, Portswood, Southampton	2	Flat
£1,050	09/24	0.27 mi	Portswood Road, SOUTHAMPTON	2	Flat
£1,050	09/24	0.27 mi	Portswood Road, SOUTHAMPTON	2	Flat
£1,050	09/24	0.27 mi	\|Ref: R204016\|, Portswood Road, Southampton, SO17 2FU	2	Flat
£1,050	09/24	0.27 mi	\|Ref: R152070\|, Portswood Road, Southampton, SO17 2FU	2	Flat
£1,250	02/25	0.28 mi	-	2	Flat
£1,250	02/25	0.28 mi	-	2	Flat
£1,120	09/24	0.29 mi	Portswood Road, Southampton	2	Flat
£1,000	09/24	0.29 mi	Portswood Road, Southampton	2	Flat
£875	09/24	0.29 mi	Cedar Road, SOUTHAMPTON	2	Flat
£1,200	04/25	0.29 mi	-	2	Flat
£1,100	09/24	0.29 mi	Avenue Road, Central	2	Flat
£1,050	09/24	0.3 mi	Portswood Road, Southampton, Hampshire, SO17	2	Flat
£1,300	09/24	0.31 mi	Portswood Road, Southampton	2	Flat
£1,300	09/24	0.31 mi	Portswood Road, Southampton	2	Flat
£1,275	09/24	0.31 mi	Portswood Road, Southampton	2	Flat
£1,285	09/24	0.31 mi	Portswood Road, Southampton	2	Flat
£1,320	09/24	0.31 mi	Portswood Road, Southampton	2	Flat
£1,300	09/24	0.31 mi	Portswood Road, Southampton	2	Flat
£1,295	09/24	0.31 mi	Portswood Road, Southampton	2	Flat
£1,300	09/24	0.31 mi	Portswood Road, Southampton	2	Flat
£1,300	09/24	0.31 mi	Portswood Road, Southampton	2	Flat
£1,300	09/24	0.31 mi	Portswood Road, Southampton	2	Flat
£1,250	09/24	0.31 mi	Portswood Road, Southampton	2	Flat

Local Area Statistics

Population in SO17	19,42919,429
Population in Southampton	428,247428,247
Town centre distance	0.43 miles away0.43 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.60 miles away0.60 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-22%-22%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+6%+6%

Property History

Listed for £200,000

October 8, 2024

Floor Plans

Description

Well maintained block +
Sought-after location +
Garage en-block +
950 Year lease +
£1500 service charge includes building insurance +
No ground rent +
693 square feet +
Chain free +
Double glazing +
Electric heating +

This second-floor apartment, arranged over a generous 693 square feet, forms part of a well-maintained four-storey block within a sought-after location. The property comprises two bedrooms, a bathroom, a separate w/c, a kitchen and a lounge with dual aspects. The south-facing windows in the lounge and bedrooms are almost full length and width, allowing for lots of natural light. It benefits from double glazing, a garage en-block, and a 950-year lease with no ground rent. The service charge includes building insurance. Offered chain-free.

EPC Rating: D