2 Bed Flat, Single Let, Southampton, SO14 7BH, £220,000

Portland Street, Southampton, SO14 7BH - 3 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+16 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£995 - £2,200

Rent Estimate

£1,100

Running Costs/mo

£928

Cashflow/mo

£173

Cashflow/yr

£2,070

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £85K to £395K, average is £190K. £1.2K/m² to £3.5K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£152K05/210.25 miFlat 32, Kingsland House, North Front, Southampton SO14 1LJ2
£142K11/210.29 miFlat 6, Lewis House, North Front, Southampton SO14 1LH2
£117K03/210.38 miFlat 83, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£119K12/200.38 miFlat 161, Wyndham Court, Commercial Road, Southampton SO15 1GU2
£95K06/210.38 miFlat 99, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£85K02/230.38 miFlat 99, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£130K11/210.41 miFlat 20, St James House, Orchard Lane, Southampton SO14 3DH2
£100K09/230.43 mi28, James Street, Southampton SO14 1PJ2
£270K09/210.45 miFlat 4, Mayflower Court, Bugle Street, Southampton SO14 2AP2
£120K04/210.46 mi185, Golden Grove, Southampton SO14 1TD2
£250K03/230.49 mi16a, Oxford Street, Southampton SO14 3DJ2
£250K03/230.5 miFlat 35, Osborne House, Grosvenor Square, Southampton SO15 2DA2
£315K11/210.51 miFlat 147, Oceana Boulevard, Orchard Place, Southampton SO14 3HW2
£255K05/210.51 miFlat 51, The Greenwich, Gloucester Square, Southampton SO14 2GJ2
£142K03/210.51 mi47, White Star Place, Southampton SO14 3GN2
£137K02/210.52 mi46, White Star Place, Southampton SO14 3GN2
£228K03/210.52 miFlat 20, The Albany, Gloucester Square, Southampton SO14 2GH2
£177K04/210.53 miFlat 34, Raleigh House, The Compass, Southampton SO14 5BP2
£205K11/200.53 miFlat 33, Columbus House, The Compass, Southampton SO14 5BQ2
£185K07/210.54 miFlat 6, Raleigh House, The Compass, Southampton SO14 5BP2
£183.5K12/200.56 miFlat 34, Queens Court, Hill Lane, Southampton SO15 5RR2
£170K03/230.57 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£190K03/210.57 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£180K09/210.58 miFlat 7, Shelley Court, Hill Lane, Southampton SO15 5SN2
£130K02/210.58 miFlat 20, Shelley Court, Hill Lane, Southampton SO15 5SN2
£197.5K09/230.59 mi5, Kenilworth Road, Southampton SO15 2GD2
£190K12/200.61 miFlat 2, Imperial Apartments, South Western House, Southampton SO14 3DW2
£197K04/210.65 mi104, Rollesbrook Gardens, Southampton SO15 5WD2
£230K07/230.65 mi48, Rollesbrook Gardens, Southampton SO15 5WB2
£219K08/210.65 mi58, Rollesbrook Gardens, Southampton SO15 5WB2
£118.5K12/200.74 mi51a, Alfred Street, Southampton SO14 0NB2
£245K06/210.76 mi65a, Shirley Road, Southampton SO15 3EZ2
£128K03/210.76 miFlat 12, Consulate House, Canute Road, Southampton SO14 3FW2
£245K06/210.76 mi65a, Shirley Road, Southampton SO15 3EZ2
£104K04/210.77 mi6a, Cranbury Avenue, Southampton SO14 0LQ2
£395K02/230.79 mi137 The Hawkins Tower, Admirals Quay, Ocean Way, Southampton SO14 3LH2
£192K11/210.79 mi36, James Weld Close, Southampton SO15 2SW2
£195K10/210.79 mi43, James Weld Close, Southampton SO15 2SW2
£218K02/230.79 mi16, James Weld Close, Southampton SO15 2SW2
£298.5K05/230.79 mi37 The Moresby Tower, Admirals Quay, Ocean Way, Southampton SO14 3LF2
£220K03/230.79 mi283 The Blake Building, Admirals Quay, Ocean Way, Southampton SO14 3LN2
£142.5K11/200.81 mi5b, Waterloo Road, Southampton SO15 3AQ2
£142.5K11/200.81 mi5b, Waterloo Road, Southampton SO15 3AQ2
£173.5K06/210.82 mi94 Stokes Court, The Dell, Southampton SO15 2PR2
£268K06/210.82 mi14, Alcantara Crescent, Southampton SO14 3HR2
£222K06/210.82 mi37, Alcantara Crescent, Southampton SO14 3HR2
£250K11/200.82 mi19, Alcantara Crescent, Southampton SO14 3HR2
£240K07/210.82 mi20, Alcantara Crescent, Ocean Village, Southampton SO14 3HR2
£265K05/230.82 mi13, Alcantara Crescent, Ocean Village, Southampton SO14 3HR2
£150K06/230.84 mi99a, Shirley Road, Southampton SO15 3FE2

Local Rents

51 rents from £995/mo to £2.2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,03010/240.02 mi-2
£1,25009/240.06 miOgle Road, Southampton2
£1,09509/240.12 mi1-2 Hanover Buildings, Southampton2
£1,00009/240.12 miAbove Bar Street, City Centre2
£99509/240.12 miHalifax Apartments, SO142
£1,15009/240.15 mi|Ref: R152329|, Hanover Court, Southampton, SO14 1BP2
£1,15009/240.16 mi|Ref: R152476|, Hanover Building, Southampton, SO14 1JH 2
£1,35009/240.17 miC High Street, Southampton2
£1,30009/240.18 mi|Ref: R152647|, Hanover Buildings, Southampton, SO14 1JH2
£1,10009/240.18 mi|Ref: R152456|, Hanover Buildings, Southampton, SO14 1JH2
£1,10009/240.18 mi|Ref: R152202|, Hanover House, Hanover Building, Southampton, SO14 1JH2
£1,25009/240.18 mi|Ref: R152181|, Hanover House, 19a Hanover Buildings, Southampton, SO14 1JH2
£1,30009/240.18 mi|Ref: R152382|, Hanover Buildings, Southampton, SO14 1JH2
£1,10009/240.18 miHanover Buildings, Southampton, Hampshire, SO142
£1,30009/240.18 miHanover Buildings, Southampton2
£1,25009/240.18 miHanover Buildings, Southampton2
£1,25009/240.18 miHanover Buildings, Southampton, Hampshire, SO142
£1,30009/240.18 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.18 miHanover Buildings, Southampton2
£1,10009/240.18 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.18 miHanover Buildings, Southampton, Hampshire, SO142
£1,20009/240.18 miHanover Court, Southampton, Hampshire, SO14 1BP2
£1,30009/240.18 miHanover Buildings, Southampton, Hampshire, SO142
£1,10009/240.18 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.18 miF-4 HANOVER COURT, Southampton, Hampshire, SO142
£1,15009/240.19 miHanover Buildings, Southampton2
£1,35009/240.19 mi2 Bedroom Flat | City Centre | Available 1st September 20242
£1,10010/240.21 mi-2
£1,10010/240.21 mi-2
£1,00003/250.21 mi-2
£1,25008/240.22 mi-2
£2,10010/240.23 mi-2
£2,20010/240.23 mi-2
£2,10011/240.23 mi-2
£2,00003/250.23 mi-2
£2,00004/250.23 mi-2
£1,00009/240.24 miHigh Street, Southampton2
£1,10009/240.24 miHigh Street, Southampton2
£1,59009/240.24 miPark Walk, Guildhall Apartments, 10 Park Walk, Southampton, Hampshire, SO14 7BL2
£1,45009/240.24 miPark Walk, Southampton, SO142
£1,55009/240.29 miGatehouse Apartments, Southampton Southampton SO142
£1,70009/240.29 miGatehouse Apartments, Southampton Southampton SO142
£1,65009/240.29 miGatehouse Apartments, Southampton Southampton SO142
£1,57509/240.29 miGatehouse Apartments, Southampton Southampton SO142
£1,15009/240.29 miParkview Mansions, New Road, Southampton, SO142
£1,54509/240.29 miGatehouse Apartments, Southampton Southampton SO142
£1,20009/240.31 miOrchard Place, Southampton, SO142
£1,50009/240.31 miRoyal Court 56 Bugle Street, Southampton2
£1,80003/250.32 mi-2
£2,20003/250.32 mi-2
£1,20009/240.32 miEast Street2

Property History

Listed for £220,000

November 7, 2024

Floor Plans

Description

  • City Centre Location +
  • Two Bedrooms +
  • Two Bathrooms +
  • Allocated undercroft parking +
  • Fitted Kitchen with Built in appliances +
  • Double Glazed +
  • Gas Heating +
  • No forward chain +

SUMMARY
Fox & Sons Southampton have pleasure in offering for sale this stunning second floor two-bedroom, two-bathroom apartment located in the heart of the city centre and opposite West Quay Shopping Centre, and a short walk to the City Centre High Street.

DESCRIPTION
Fox & Sons Southampton have pleasure in offering for sale this stunning second floor two-bedroom, two-bathroom apartment located in the heart of the city centre and opposite West Quay Shopping Centre, and a short walk to the City Centre High Street. This apartment is immaculately presented through with a fitted kitchen with built in appliances, range style cooker and Juliet balcony. This is truly a fabulous apartment and would make a great investment opportunity or brilliant for a first-time buyer. Other benefits include double glazed windows throughout, security entry system, allocated undercroft parking accessed via remote control gates, high spec finish and a communal residents gardens found at first floor level. West Central, Portland Street is in the heart of Southampton City Centre being within walking distance of West Quay Shopping Centre with its comprehensive shopping facilities. Southampton also boasts a mainline railway station providing access to London Waterloo whilst the M3 can be accessed via The Avenue and the M27 via Thomas Lewis Way. Southampton City Centre offers numerous parks along with Southampton Sports Centre and The Common which has over 300 acres of parkland provides recreational facilities. Agents Note buyers should be aware that the wall in Bedroom Two can be folded back to provide one large room incorporating the lounge measuring 18'8 x 18'3 overall. The property is sold with no forward chain and an internal viewing is essential.

Communal Entrance  

Lift To All Floors 

Entrance 

Hallway 

Lounge/Diner 18' 3" x 10' 5" ( 5.56m x 3.17m )

Kitchen 11' 6" x 8' 1" ( 3.51m x 2.46m )

Master Bedroom 14' 5" x 10' 9" ( 4.39m x 3.28m )

En-Suite Bathroom/Shower 

Bedroom Two 14' 3" x 7' 6" ( 4.34m x 2.29m )

Family Bathroom /Shower 

Undercroft Parking Space 

Additional Information 
Leasehold 103 years left on lease
Service Charge - £2250 pa
Ground Rent - £80 pa

Agents Notes 
Agents Note Prospective purchaser should be aware that the wall in Bedroom Two can be folded back to provide one large room incorporating the lounge measuring 18'8 x 18'3 overall.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

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. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
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 SEQUENCE (UK) LIMITED 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

Fox & Sons, Southampton

0238 214 8974

Next Steps?

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