2 Bed Flat, Single Let, Eastleigh, SO53 5EJ, £200,000

Hiltingbury Road, Eastleigh, SO53 5EJ 5 - 4 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+13 photos

ValuationUndervalued

Sold Prices£143K - £347K
Sold Prices/m²£2.7K/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£215,505
BMV8%

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

£950 - £1,500

Rent Estimate

£1,075

Running Costs/mo

£860

Cashflow/mo

£215

Cashflow/yr

£2,580

ROI

5%

Gross Yield

6%

Local Sold Prices

27 sold prices from £143K to £347K, average is £205K. £2.7K/m² to £3.5K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£218K12/220.03 mi151, Hiltingbury Road, Chandler's Ford, Eastleigh, Hampshire SO53 5NP2
£190K08/210.04 mi9, Ashdown Road, Chandler's Ford, Eastleigh, Hampshire SO53 5RB2
£173K08/230.04 miFlat 3f, Stewart House, Sycamore Avenue, Chandler's Ford, Eastleigh, Hampshire SO53 5RW2
£168.5K03/210.04 miFlat 1f, Stewart House, Sycamore Avenue, Chandler's Ford, Eastleigh, Hampshire SO53 5RW2
£210K10/220.09 mi113, Sycamore Avenue, Chandler's Ford, Eastleigh, Hampshire SO53 5RG2
£143K01/210.1 mi149, Hiltingbury Road, Chandler's Ford, Eastleigh, Hampshire SO53 5NP2
£215K06/210.14 mi230, Hiltingbury Road, Chandler's Ford, Eastleigh, Hampshire SO53 5NN2
£197K02/210.14 mi210, Hiltingbury Road, Chandler's Ford, Eastleigh, Hampshire SO53 5NN2
£205K04/230.14 mi208, Hiltingbury Road, Chandler's Ford, Eastleigh, Hampshire SO53 5NN2
£210K08/220.15 mi5, Charnwood Close, Chandler's Ford, Eastleigh, Hampshire SO53 5QP2
£200K06/210.17 mi11, Charnwood Crescent, Chandler's Ford, Eastleigh, Hampshire SO53 5QN2
£179K10/220.19 mi52, Charnwood Crescent, Chandler's Ford, Eastleigh, Hampshire SO53 5QL2
£275K12/220.24 mi40, Ashdown Close, Chandler's Ford, Eastleigh, Hampshire SO53 5QF2
£220K04/210.26 mi8, Tithewood Close, Chandler's Ford, Eastleigh, Hampshire SO53 5PY2
£180K07/230.44 miFlat 2, Oakwood Court, Oakwood Close, Chandler's Ford, Eastleigh, Hampshire SO53 5NX2
£230K04/230.66 mi46, Wellbrooke Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 1TN2
£235K09/230.66 mi10, Neilson Close, Chandler's Ford, Eastleigh, Hampshire SO53 1GR2
£251K02/230.67 mi32, Wellbrooke Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 1TN2
£347K06/210.78 miMerrilease House, 10, Parklands Close, Chandler's Ford, Eastleigh, Hampshire SO53 2EQ2
£200K05/210.83 miFlat 3, Parkway Court, Parkway Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2DZ2
£240K09/220.83 miFlat 2, Parkway Court, Parkway Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2DZ2
£155.5K11/200.87 miFlat 8, Freshwater Court, Kingsway, Chandler's Ford, Eastleigh, Hampshire SO53 5DY2
£172K03/210.94 mi10, Kingsway Court, Chandler's Ford, Eastleigh, Hampshire SO53 1FG2
£180K01/230.95 mi4, Kingsway Court, Chandler's Ford, Eastleigh, Hampshire SO53 1FG2
£195K06/210.96 mi19, Prospect Place, Chandler's Ford, Eastleigh, Hampshire SO53 2PP2
£230K12/220.98 miFlat 9, Southdale Court, Sutherlands Way, Chandler's Ford, Eastleigh, Hampshire SO53 2QA2
£220K06/230.98 miFlat 10, Southdale Court, Sutherlands Way, Chandler's Ford, Eastleigh, Hampshire SO53 2QA2

Local Rents

20 rents from £950/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25004/250 mi-2
£1,25004/250 mi-2
£1,00009/240.04 miChandler's Ford2
£1,15010/230.05 mi-2
£1,20009/240.08 mi-2
£1,15012/240.08 mi-2
£95002/240.13 mi-2
£1,25003/250.13 mi-2
£1,25004/250.13 mi-2
£1,15011/240.17 mi-2
£1,15003/250.17 mi-2
£1,15009/240.18 miHursley Road, Chandler'S Ford, Eastleigh, SO532
£1,15009/240.21 miCharnwood Crescent, Chandler's Ford, Eastleigh, SO532
£1,20011/240.21 mi-2
£1,15009/240.26 miChandler's Ford, Eastleigh2
£1,10009/240.3 miHiltingbury2
£1,20009/240.45 miAshdown House, Hiltingbury, Chandlers Ford2
£1,20011/230.56 mi-2
£1,20011/230.56 mi-2
£1,50009/240.57 miValley Road2

Local Area Statistics

Population in SO53

32,409

Population in Eastleigh

78,741

Town centre distance

2.40 miles away

Nearest school

0.20 miles away

Nearest train station

1.13 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £200,000

October 8, 2024

Floor Plans

Description

*NO ONWARD CHAIN* We are delighted to present the opportunity to acquire this beautifully presented two-bedroom flat, located on the second/top floor in the highly sought-after area of Eastleigh offering a superb investment opportunity.

Boasting a modern design, abundant natural light, and ample living space, this property is ideal for those looking for a stylish, low-maintenance home.

The flat features a large reception room with a Juliette balcony that allows light to flood the space, creating a bright and inviting atmosphere. Through an open-plan archway, you'll find a spacious U-shaped kitchen, complete with modern fitted units and some inbuilt appliances, making it a perfect setup for a range of purchasers.

The master bedroom is generously sized and includes an en-suite bathroom with modern tiling, a walk-in shower, toilet, and basin. A second double bedroom offers a lovely Velux-style skylight window, providing a charming feature and additional natural light. The property also includes a fully tiled house bathroom, finished with the same stylish design as the en-suite, complete with a bath, toilet, and basin.

In addition to the internal features, the flat benefits from an allocated parking space and access to a small communal garden at the rear.

Located in Eastleigh, this property enjoys excellent access to a range of local amenities. Supermarkets, cafes, and restaurants are all within easy reach, along with leisure facilities like gyms and parks. The area is also highly convenient for commuters, with Eastleigh train station offering regular services to London Waterloo, Southampton, and Winchester. Major road links such as the M3 and M27 motorways are nearby, providing easy access to surrounding areas, and Southampton Airport is just a short drive away, making it perfect for frequent travelers.

This flat represents a fantastic investment opportunity with great potential for high rental yields and future value appreciation. This property is ideal for investors seeking a strong return on investment. Whether you are starting or expanding your portfolio, this modern, well-located flat is a prime choice for capital growth and steady rental income.

Disclaimer - 1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER MOOVED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Mooved, Harrogate

01420 554952

Next Steps?

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