2 Bed Flat, Single Let, Southampton, SO17 2GD, £190,000

Belmont Road, Southampton, Hampshire, SO17 2GD - 4 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~60 m²
+6 photos

ValuationOvervalued

Sold Prices£104K - £525K
Sold Prices/m²£2K/m² - £3.5K/m²

 

 

Square Metres

~59.60 m²
Price/m²£3.2K/m²

Value Estimate

£136,041

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£58,200

 

 

Cash Out

 

Rent Range

£750 - £1,800

Rent Estimate

£1,050

Running Costs/mo

£824

Cashflow/mo

£226

Cashflow/yr

£2,715

ROI

5%

Gross Yield

7%

Local Sold Prices

44 sold prices from £104K to £525K, average is £178K. £2K/m² to £3.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£167K08/210.17 mi100b, Adelaide Road, Southampton SO17 2HX2
£168K06/210.18 mi31, Adelaide Road, Southampton SO17 2HU2
£138K07/210.2 mi36, Shakespeare Avenue, Southampton SO17 2HB2
£160K02/230.32 miFlat 1, Ascupart House, Portswood Road, Southampton SO17 2US2
£150K09/210.34 miFlat 8, Ascupart House, Portswood Road, Southampton SO17 2US2
£150K05/230.34 miFlat 11, Ascupart House, Portswood Road, Southampton SO17 2US2
£142K04/230.34 miFlat 4, Ascupart House, Portswood Road, Southampton SO17 2US2
£202K12/210.34 miFlat 11, Westwood Mansions, Westwood Road, Southampton SO17 1UY2
£195K06/230.35 miFlat 19, St Michaels Court, Priory Close, Southampton SO17 2FR2
£160K08/230.36 mi8a, Rigby Road, Southampton SO17 2EU2
£190K05/210.36 miFlat 1, Elm Court, Westwood Road, Southampton SO17 1DX2
£182K09/210.36 miFlat 3, Elm Court, Westwood Road, Southampton SO17 1DX2
£195K12/200.36 miFlat 9, Elm Court, Westwood Road, Southampton SO17 1DX2
£170K07/230.38 mi217, Priory Road, St Denys, Southampton SO17 2LR2
£525K12/200.38 mi103, Highfield Lane, Southampton SO17 1NN2
£252.5K07/230.42 miFlat 1, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£174K07/210.43 miFlat 3, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£180K02/210.43 miFlat 2, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£190K07/210.46 miFlat 6, Westwood Court, Westwood Road, Southampton SO17 1UX2
£227.5K09/210.46 miFlat 2, Westwood Court, Westwood Road, Southampton SO17 1UX2
£210K07/210.46 miFlat 5, Westwood Court, Westwood Road, Southampton SO17 1UX2
£145K08/210.56 mi72b, Bitterne Road West, Southampton SO18 1AP2
£202K09/230.56 mi18, Riverdene Place, Southampton SO18 1UG2
£205K05/210.57 mi68, Riverdene Place, Southampton SO18 1UH2
£178.5K04/230.57 miFlat 6, Buckingham Court, Westwood Road, Southampton SO17 1HD2
£150K03/210.57 miFlat 12, Buckingham Court, Westwood Road, Southampton SO17 1HD2
£152K08/210.6 miFlat 2, Cranford House, Cranford Way, Southampton SO17 1UE2
£210K04/230.63 mi5, Padwell Road, Southampton SO14 6QY2
£163K01/230.64 mi619, Portswood Road, Southampton SO17 3SL2
£155K03/210.65 mi32a, St Catherines Road, Southampton SO18 1LJ2
£168K12/200.68 mi11a, St Catherines Road, Southampton SO18 1LL2
£104K04/210.73 mi6a, Cranbury Avenue, Southampton SO14 0LQ2
£212K04/230.75 mi23a, Hillside Avenue, Bitterne Park, Southampton SO18 1LD2
£185K12/210.77 miFlat 1, Kingfisher Court, Highfield Road, Southampton SO17 1UN2
£202K12/200.77 mi12, Moore Close, Southampton SO15 2RS2
£156K04/210.78 miFlat 3, Christine Court, Cobbett Road, Bitterne Park, Southampton SO18 1RD2
£118.5K12/200.8 mi51a, Alfred Street, Southampton SO14 0NB2
£192K11/210.86 mi36, James Weld Close, Southampton SO15 2SW2
£195K10/210.86 mi43, James Weld Close, Southampton SO15 2SW2
£153K12/200.87 miFlat 4, Banister Court, Court Road, Southampton SO15 2JS2
£218K02/230.88 mi16, James Weld Close, Southampton SO15 2SW2
£177.5K01/210.9 miFlat 20, Deepdene, Midanbury Lane, Southampton SO18 4TQ2
£185K09/210.9 miFlat 21, Deepdene, Midanbury Lane, Southampton SO18 4TQ2
£175K03/230.99 miFlat 4, Beech Court, Beech Avenue, Southampton SO18 4TS2

Local Rents

51 rents from £750/mo to £1.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10009/240.02 mi|Ref: R153069|, Belmont Road, Southampton, SO17 2GD2
£1,20009/240.05 miBelmont Road, Southampton2
£1,10009/240.05 miBelmont Road, Portswood2
£1,35009/240.05 miWestridge Road, Southampton2
£1,25002/240.08 miWestridge Road, Southampton, Hampshire, SO172
£1,10009/240.13 miWestridge Road, Southampton, Hampshire, SO172
£1,25009/240.13 miWestridge Road, Southampton, Hampshire, SO172
£1,05009/240.13 miTennyson Road, Southampton2
£1,19010/240.16 mi-2
£1,19010/240.16 mi-2
£75009/240.18 miPortswood Road, Southampton2
£1,05011/240.18 mi-2
£1,05009/240.2 miNorth Road, St Denys2
£92509/240.2 miSt. Denys Road, Southampton, Hampshire, SO172
£1,25009/240.21 miIvy Road, SOUTHAMPTON2
£1,32009/240.23 miPortswood Road, Southampton2
£1,25009/240.23 miPortswood Road, Southampton2
£1,33509/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,33509/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,29509/240.23 miPortswood Road, Southampton2
£1,27509/240.23 miPortswood Road, Southampton2
£1,28509/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,30009/240.23 miPortswood Road, Southampton2
£1,37509/240.23 miPortswood Road, Southampton, SO172
£1,37509/240.23 miPortswood Road, Southampton, SO172
£1,12009/240.24 miPortswood Road, Southampton2
£1,00009/240.25 miBelmont Road, Southampton, Hampshire, SO172
£1,20004/250.25 mi-2
£1,25009/240.25 miSouth Road, Southampton2
£1,05009/240.26 miPortswood Road, Southampton, Hampshire, SO172
£1,05009/240.27 miPortswood Road, SOUTHAMPTON2
£1,05009/240.27 miPortswood Road, SOUTHAMPTON2
£1,05009/240.27 mi|Ref: R204016|, Portswood Road, Southampton, SO17 2FU2
£1,05009/240.27 mi|Ref: R152070|, Portswood Road, Southampton, SO17 2FU2
£95009/240.27 miLawn Court, Portswood2
£1,30009/240.27 miLawn Road, Southampton2
£1,20009/240.27 miLawn Court, Portswood2
£1,80009/240.27 miRichmond Gardens, Southampton, SO172
£1,80009/240.27 miRichmond Gardens, Southampton, SO172

Local Area Statistics

Population in SO17

19,429

Population in Southampton

428,247

Town centre distance

0.25 miles away

Nearest school

0.30 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-22%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £190,000

January 2, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • Large reception room +
  • Balcony +
  • 2 Bathrooms +
  • Allocated parking +
  • Sought after location +

This charming top floor apartment boasts a prime location in the heart of the city. Featuring two spacious bedrooms, this well-maintained property offers a comfortable living space flooded with natural light. The apartment benefits from a fully equipped kitchen, a modern bathroom, and ample storage throughout. Residents can enjoy the convenience of allocated parking, as well as close proximity to local amenities, restaurants, and transport links. With its elegant design and desirable location, this property presents an excellent opportunity for those seeking a stylish urban lifestyle. Don't miss out on the chance to make this delightful apartment your new home. Contact us today to arrange a viewing.

‘’These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.

Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection.’’

Agent Details

Leaders Sales, Southampton

0238 202 5502

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪