2 Bed Terraced House, Single Let, Southampton, SO14 7BL, £310,000

Park Walk, Southampton, SO14 7BL - 3 views - 6 months ago

Leasehold
BTL
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£118K - £342.5K
Sold Prices/m²£1.8K/m² - £5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.6K/m²

Value Estimate

£218,377

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£13,500

Total Cash In

£91,000

 

 

Cash Out

 

Rent Range

£945 - £3,000

Rent Estimate

£950

Running Costs/mo

£1,179

Cashflow/mo

£-229

Cashflow/yr

£-2,745

Gross Yield

4%

Local Sold Prices

50 sold prices from £118K to £342.5K, average is £229K. £1.8K/m² to £5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£265K04/230.22 mi105, St Andrews Road, Southampton SO14 0AE2
£200K01/210.38 mi51, Morris Road, Southampton SO15 2BQ2
£290K01/210.38 mi44, Canton Street, Southampton SO15 2DH2
£309K05/210.39 mi19, Canton Street, Southampton SO15 2DJ2
£315K12/210.39 mi27, Canton Street, Southampton SO15 2DJ2
£342.5K12/220.41 mi41, Canton Street, Southampton SO15 2DL2
£238K10/210.54 mi39, Rockstone Lane, Southampton SO14 6HZ2
£165K03/210.54 mi180, Northumberland Road, Southampton SO14 0EQ2
£229K04/210.54 mi22, Methuen Street, Southampton SO14 6FN2
£258K09/230.54 mi24, Methuen Street, Southampton SO14 6FN2
£237.1K01/230.54 mi26, Methuen Street, Southampton SO14 6FN2
£242.5K02/230.54 mi10, Methuen Street, Southampton SO14 6FN2
£210K09/210.55 mi20, Rockstone Lane, Southampton SO14 6HZ2
£257.5K01/230.55 mi44, Rockstone Lane, Southampton SO14 6HZ2
£149K03/210.55 mi19, Rockstone Lane, Southampton SO14 6HZ2
£185K01/210.55 mi12, Rockstone Lane, Southampton SO14 6HZ2
£220K05/210.55 mi27, Rockstone Lane, Southampton SO14 6HZ2
£215K04/210.56 mi43, Liverpool Street, Southampton SO14 6FZ2
£212.5K06/210.56 mi25, Liverpool Street, Southampton SO14 6FZ2
£214K06/210.56 mi35, Rockstone Lane, Southampton SO14 6HZ2
£252K12/220.56 mi25, Rockstone Lane, Southampton SO14 6HZ2
£229K04/210.56 mi24, Southcliff Road, Southampton SO14 6GE2
£225K05/210.57 mi1, Fitzhugh Place, Southampton SO15 2JG2
£238K11/210.57 mi2, Fitzhugh Place, Southampton SO15 2JG2
£214K03/210.58 mi8, Dover Street, Southampton SO14 6GF2
£232K03/210.6 mi15, Castle Street, Southampton SO14 6GZ2
£300K04/230.6 mi49, Southcliff Road, Southampton SO14 6HR2
£226K12/200.61 mi33, Methuen Street, Southampton SO14 6FR2
£236K01/210.61 mi46, Methuen Street, Southampton SO14 6FR2
£262K11/220.61 mi33, Methuen Street, Southampton SO14 6FR2
£230K03/230.61 mi18, Berkeley Close, Polygon, Southampton SO15 2TR2
£252.5K12/220.61 mi71, Dover Street, Southampton SO14 6GN2
£222.5K10/210.61 mi30, Middle Street, Southampton SO14 6GJ2
£215K11/200.61 mi20, Middle Street, Southampton SO14 6GJ2
£176K05/210.62 mi70, Radcliffe Road, Southampton SO14 0PN2
£227K06/210.62 mi9, Peterborough Road, Southampton SO14 6HY2
£172K09/210.62 mi19, Mount Pleasant Road, Southampton SO14 0EF2
£118K02/230.62 mi11, Mount Pleasant Road, Southampton SO14 0EF2
£220K05/230.63 mi53, Dover Street, Southampton SO14 6GN2
£298.5K02/230.63 mi63, Dover Street, Southampton SO14 6GN2
£285K03/230.64 mi76, Dover Street, Southampton SO14 6GL2
£245K04/210.64 mi74, Dover Street, Southampton SO14 6GL2
£226K03/210.64 mi62, Dover Street, Southampton SO14 6GL2
£203K04/230.64 mi59, Bath Street, Southampton SO14 6GR2
£221K01/210.66 mi59, Middle Street, Southampton SO14 6HU2
£235K11/220.66 mi28, Peterborough Road, Southampton SO14 6HX2
£210K07/210.66 mi32, Peterborough Road, Southampton SO14 6HX2
£270K07/230.67 mi1b, Cedar Road, Portswood, Southampton SO14 6HN2
£270K05/220.68 mi10, Padwell Road, Southampton SO14 6QX2
£215K04/210.7 mi15, Leyton Road, Southampton SO14 0PX2

Local Rents

50 rents from £945/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,59009/240.01 miPark Walk, Guildhall Apartments, 10 Park Walk, Southampton, Hampshire, SO14 7BL2
£1,45009/240.01 miPark Walk, Southampton, SO142
£1,10010/240.04 mi-2
£1,10010/240.04 mi-2
£1,00003/250.04 mi-2
£1,40004/250.05 mi-2
£1,00009/240.13 miAbove Bar Street, City Centre2
£1,15009/240.16 miParkview Mansions, New Road, Southampton, SO142
£1,25008/240.19 mi-2
£1,80003/250.19 mi-2
£2,20004/250.19 mi-2
£1,15009/240.2 miBrunswick Place, Southampton, Hampshire, SO152
£1,25009/240.2 miOgle Road, Southampton2
£2,20009/240.21 mi-2
£3,00009/240.21 mi-2
£1,10009/240.22 miLondon Road, 2
£1,03010/240.23 mi-2
£1,10004/250.23 mi-2
£1,27509/240.26 miCommercial Road, Southampton SO152
£1,27509/240.26 miCommercial Road, Southampton SO152
£1,27509/240.26 miCommercial Road, SO152
£1,30009/240.26 miCentral Southampton2
£1,29509/240.27 miBedford Place2
£1,10009/240.27 miSalisbury Street, Southampton2
£1,10009/240.27 miSalisbury Street, Southampton, Hampshire, SO152
£1,45009/240.28 miParkview, Handel Road, SO152
£1,15003/250.28 mi-2
£1,45002/250.29 mi-2
£1,25009/240.29 miCraven Street Southampton, SO142
£1,25009/240.29 miFlat 6, Kisar Court, Salisbury Street, Southampton2
£1,25009/240.29 miFlat 8, Kisar Court, Salisbury Street, Southampton2
£1,25009/240.3 miGrosvenor Mansions, SO152
£1,25009/240.3 miGrosvenor Square, SOUTHAMPTON2
£1,02509/240.3 mi|Ref: R203546|, Oxford Avenue, Southampton, SO14 0BN2
£95009/240.3 mi108b St. Marys Road, Southampton, Hampshire, SO142
£1,30003/250.3 mi-2
£2,90002/250.31 mi-2
£2,35001/250.31 mi-2
£1,20009/240.31 miDevonshire Road, **Student Apartment** Student Apartment **, Southampton2
£1,09509/240.31 mi1-2 Hanover Buildings, Southampton2
£99509/240.32 miHalifax Apartments, SO142
£99509/240.32 miSt Mary's Street, St Mary's, Southampton, SO142
£1,15004/250.32 mi-2
£1,27509/240.32 miDevonshire Road, Southampton SO152
£1,09509/240.33 mi-2
£1,10009/240.33 mi|Ref: R152400|, Mede House, Salisbury Street, Southampton, SO15 2TZ2
£1,20011/240.33 mi-2
£94509/240.34 mi|Ref: R153205|, Winchester Street, Southampton, SO5 2ER2
£99509/240.34 mi|Ref: R153201|, Winchester Street, Southampton, SO15 2ER2
£99509/240.34 mi|Ref: R153204|, Winchester Street, Southampton, SO15 2ER2

Local Area Statistics

Population in SO14

27,223

Population in Southampton

428,247

Town centre distance

1.01 miles away

Nearest school

0.40 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £310,000

October 18, 2024

Floor Plans

Description

  • Modern Apartment With Panoramic Views +
  • Generous Private Terrace 25’3” x 19’6” ft +
  • Two Double Bedrooms +
  • Two Bathrooms +
  • Impressive Open Plan Kitchen/Living Room +
  • Modern Finish Throughout +
  • Residents' terrace with southerly and westerly city views +
  • Master Bedroom with Ensuite +
  • Fourth Floor +
  • Secure Parking with Car Lift +

This modern and spacious two bedroom apartment has a generously sized terrace that offers panoramic views over parkland, the historic city, and partial glimpses of Southampton Water in the distance, making it a highly desirable location. The Guildhall Apartments, located in the heart of Southampton, were completed in 2016. The property is finished to a very high standard throughout and also boasts a car lift to the secure car park. This well maintained apartment is definitely not one to be missed.

On entering the apartment there is a long hallway with lightwood flooring, and doors to all rooms leading off it. There is a double door utility and storage cupboard that also houses the geothermal heating system. The reception room has floor to ceiling windows and access to the really stand out feature of this property, the terrace. This fantastic outdoor space measures 25’3” x 19’6” and has stunning views across the city. The light and bright open plan lounge/ kitchen is a great living space, with a modern fully fitted kitchen featuring Bosch appliances and quartz countertops. The master bedroom features a double built in wardrobe, an ensuite shower room, and oversized windows that offer views of the park. The outlook continues in the second bedroom, also with large windows. There is a modern family bathroom with a shower over the bath.

The property benefits from double glazing throughout, underfloor heating, and access to an additional communal roof terrace. The allocated under croft parking also has secure cycle storage and is accessed via a car lift. Further to this there is a secure entry system into the communal lobby maintained by the block caretaker, where you will find a lift and stairs to all floors.

This city centre apartment truly must not be missed. Conveniently located within the heart of the city centre, East Park, the SeaCity museum, art gallery and guildhall are all right on your doorstep. It is just 0.4mi to Westquay shopping centre and 0.5mi to Southampton Central station. The park side location offers lovely walks as well as easy access to the high street with its shops, bars, cafes and restaurants.

Material Information - Tenure Type; Leasehold
Unexpired Years: 117 years remaining approx.
EWS1 – B2 Rating with Landlord Certificate Available
Annual Service Charge: £3,294.00
Annual Ground Rent: £350
Next Rent Review: 29/03/2031 (thereafter 15 yearly)
Council Tax Band : D

In line with Money Laundering Regulations, successful buyers will be required to complete digital identity checks provided by Coadjute’s Assured Compliance service. The cost of these checks is £48 inc. VAT per purchaser, which is paid in advance directly to Coadjute’s Assured Compliance service. This charge verifies your identity and source of funds in line with our obligations to HMRC.

Agent Details

Hunters, Southampton

0238 144 9984

Next Steps?

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