2 Bed Flat, Single Let, Southampton, SO16 9JY, £145,000

PORTELET HOUSE Boniface Crescent, Southampton, SO16 9JY - 5 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 12%
72 m²
+12 photos

ValuationUndervalued

Sold Prices£77.5K - £215K
Sold Prices/m²£1.7K/m² - £3.5K/m²

 

 

Square Metres

71.80 m²
Price/m²£2K/m²

Value Estimate

£175,241
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,550

Total Cash In

£41,800

 

 

Cash Out

 

Rent Range

£1,000 - £1,400

Rent Estimate

£1,131

Running Costs/mo

£699

Cashflow/mo

£432

Cashflow/yr

£5,180

ROI

12%

Gross Yield

9%

Local Sold Prices

50 sold prices from £77.5K to £215K, average is £142K. £1.7K/m² to £3.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£124K08/210.06 mi281, Lower Brownhill Road, Southampton SO16 9LF2
£155K05/210.22 mi15, Danebury Way, Nursling, Southampton, Hampshire SO16 0YF2
£125K02/210.38 mi3, Cowley Close, Southampton SO16 9WD2
£122K04/210.38 mi6, Cowley Close, Southampton SO16 9WD2
£130K02/210.38 mi10, Cowley Close, Southampton SO16 9WD2
£133K08/210.39 mi40, Watts Close, Southampton SO16 9WA2
£180K02/210.48 mi52, Wilroy Gardens, Southampton SO16 9WF2
£131K02/210.54 mi83, Crabwood Road, Maybush, Southampton SO16 9FD2
£147K05/210.54 miFlat 7, Sedbergh House, Sedbergh Road, Southampton SO16 9HJ2
£189.9K02/230.6 mi42, Charles Arden Close, Southampton SO16 4HS2
£170K05/230.77 mi16, Winfrith Way, Nursling, Southampton, Hampshire SO16 0XB2
£137K12/220.77 mi130, Wimpson Lane, Southampton SO16 4QB2
£120K12/200.77 mi142, Wimpson Lane, Southampton SO16 4QB2
£125K02/210.79 mi1a, Conifer Road, Southampton SO16 5FY2
£130K03/210.82 mi118, Cuckmere Lane, Southampton SO16 9AX2
£108K11/200.86 mi10, Birch Close, Southampton SO16 5DE2
£108K11/200.86 mi10, Birch Close, Southampton SO16 5DE2
£77.5K12/201.04 mi20, Williams House, Berwick Close, Southampton SO16 8DA2
£123K02/211.05 mi133, Brunel Road, Southampton SO15 0LR2
£130K11/211.05 mi123, Brunel Road, Southampton SO15 0LR2
£127.5K12/201.05 mi82, Brunel Road, Southampton SO15 0LR2
£135K03/231.05 mi70, Brunel Road, Southampton SO15 0LR2
£144K08/231.1 mi76, Abercrombie Gardens, Southampton SO16 8FR2
£125K06/211.1 mi38, Brendon Green, Southampton SO16 4BE2
£140K09/211.1 mi59, Brendon Green, Southampton SO16 4BE2
£120K11/201.1 mi70, Abercrombie Gardens, Southampton SO16 8FR2
£125K05/211.11 mi64, Green Park Road, Southampton SO16 9AD2
£133.5K06/211.14 mi13, Green Park Road, Southampton SO16 9AA2
£154K12/201.17 miFlat 1, The Grange, Grange Road, Southampton SO16 6UW2
£179.9K11/201.28 mi69, St Edmunds Road, Southampton SO16 4GL2
£150K09/211.31 mi72, Briarswood, Southampton SO16 6GD2
£187K06/231.31 mi75, Briarswood, Southampton SO16 6GD2
£210K01/231.39 mi26 Lordsdale Court, Seacole Gardens, Southampton SO16 6PN2
£210K12/221.39 mi29 Greenway Court, Seacole Gardens, Southampton SO16 6PN2
£200K07/211.4 mi11, Lordsdale Court, Seacole Gardens, Southampton SO16 6PN2
£200K07/211.4 mi11, Lordsdale Court, Seacole Gardens, Southampton SO16 6PN2
£167K01/231.51 miFlat 3, Beaumont Place, Beaumont Road, Totton, Southampton, Hampshire SO40 3AJ2
£185K05/231.52 mi30, Avro Close, Southampton SO15 4AE2
£130K06/211.54 mi54, Taranto Road, Southampton SO16 5PN2
£150K04/211.55 miFlat 2, Norcroft Court, Winchester Road, Southampton SO16 6UB2
£135K12/201.55 miFlat 11, Norcroft Court, Winchester Road, Southampton SO16 6UB2
£140K02/231.56 miFlat 17, Norcroft Court, Winchester Road, Southampton SO16 6UB2
£159K11/211.63 mi272, Winchester Road, Southampton SO16 6TJ2
£170K05/211.64 miFlat 48, Lordswood Court, Coxford Road, Southampton SO16 5PF2
£175K02/231.66 miFlat 11, Lordswood Court, Coxford Road, Southampton SO16 5PD2
£188K06/231.66 miFlat 15, Lordswood Court, Coxford Road, Southampton SO16 5PD2
£165K08/211.66 miFlat 13, Lordswood Court, Coxford Road, Southampton SO16 5PD2
£190K02/231.66 miFlat 9, Lordswood Court, Coxford Road, Southampton SO16 5PD2
£155K02/231.67 miFlat 5, Lordswood Court, Coxford Road, Southampton SO16 5PD2
£215K09/211.68 miFlat 3, Popes Court, Popes Lane, Totton, Southampton, Hampshire SO40 3GF2

Local Rents

15 rents from £1K/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15009/240.26 miSt. Martins Close, Southampton, SO162
£1,15010/240.32 mi-2
£1,10009/240.45 miEnnerdale Road, Southampton, SO162
£1,00009/240.47 miEnnerdale Road, Southampton2
£1,25002/240.49 mi-2
£1,25011/240.49 mi-2
£1,25011/240.49 mi-2
£1,20002/250.5 mi-2
£1,29509/240.55 miCompass Point, Romsey Road Southampton SO16 2
£1,30009/240.55 miCompass Point, Southampton SO162
£1,30009/240.56 miMercury Close, Southampton, Hampshire, SO162
£1,37509/240.57 miAndromeda Road, Southampton, SO162
£1,37509/240.57 mi-2
£1,40009/240.61 miMercator Close, Southampton, Hampshire, SO162
£1,40009/240.62 miThe Cassini Building, Mercator Close, Southampton2

Local Area Statistics

Population in SO16

66,270

Population in Southampton

428,247

Town centre distance

3.17 miles away

Nearest school

0.30 miles away

Nearest train station

1.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £145,000

November 4, 2024

Sold for £96,500

2004

Floor Plans

Description

  • Duplex apartment +
  • Private balcony +
  • Two double bedrooms +
  • Communal parking +
  • Two double bedrooms +
  • Under floor heating +
  • Great investment +
  • Communal parkin +
  • Popular residential area +

Austin & Wyatt Shirley are pleased to welcome to the market this two-bedroom duplex apartment located in Lordshill.

Upon entering, a welcoming entrance hall awaits, featuring stairs ascending to the first floor and granting access to the living quarters. The living room, a generously proportioned and versatile space accommodates lounge and dining furniture with ease and extends to a private balcony. The adjoining kitchen is impeccably appointed with base and wall cabinetry, complemented by ample work surfaces, additionally, there is provision for a washing machine and fridge freezer, ensuring both convenience and functionality. Ascending to the first floor, two equally sized bedrooms await, these bedrooms share the use of a well-appointed bathroom room.

Agents Notes:
Property benefits from the use of communal garden and communal parking.
There is also a storage shed at the block included with this property.
Council Tax Band A

Lordshill has proved to be a popular residential area with extensive shopping facilities found on the high street. The central railway station is found nearby adjacent to Commercial Road and the city centre is a short distance away boasting numerous pleasant parks, the West Quay shopping mall, numerous bars, restaurants and cinemas.

Agent Details

Austin & Wyatt, Shirley

0238 202 2448

Next Steps?

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