2 Bed Flat, Single Let, Eastleigh, SO50 9SN, £180,000

Eastleigh, SO50 9SN - 4 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£92.5K - £235.8K
Sold Prices/m²£1.4K/m² - £4.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£193,764
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Total Cash In

£56,300

 

 

Cash Out

 

Rent Range

£925 - £1,500

Rent Estimate

£938

Running Costs/mo

£770

Cashflow/mo

£168

Cashflow/yr

£2,015

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £92.5K to £235.8K, average is £190K. £1.4K/m² to £4.5K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£195K02/230.28 mi76, Tinning Way, Eastleigh, Hampshire SO50 9QH2
£180K06/230.31 mi10, Pluto Road, Eastleigh, Hampshire SO50 5GD2
£185K02/230.36 mi37, Benny Hill Close, Eastleigh, Hampshire SO50 5GG2
£170K03/230.36 mi43, Benny Hill Close, Eastleigh, Hampshire SO50 5GG2
£165K01/210.37 mi57, Benny Hill Close, Eastleigh, Hampshire SO50 5GG2
£190K03/210.38 mi34, Causton Gardens, Eastleigh, Hampshire SO50 9PJ2
£92.5K09/210.38 mi53, Causton Gardens, Eastleigh, Hampshire SO50 9PJ2
£175K02/210.38 mi30, Causton Gardens, Eastleigh, Hampshire SO50 9PJ2
£207K02/210.38 mi69, Causton Gardens, Eastleigh, Hampshire SO50 9PJ2
£180K09/210.4 mi17, Bright Wire Crescent, Eastleigh, Hampshire SO50 5SQ2
£97.5K05/230.4 mi41, Bright Wire Crescent, Eastleigh, Hampshire SO50 5SQ2
£194K03/210.4 mi54, Bright Wire Crescent, Eastleigh, Hampshire SO50 5SQ2
£205K11/200.4 mi52, Bright Wire Crescent, Eastleigh, Hampshire SO50 5SQ2
£205K03/210.4 mi1a, Bright Wire Crescent, Eastleigh, Hampshire SO50 5SQ2
£220K03/230.4 mi118, Loveridge Way, Eastleigh, Hampshire SO50 9PW2
£180K11/200.4 mi80, Loveridge Way, Eastleigh, Hampshire SO50 9PW2
£182K04/210.4 mi80, Loveridge Way, Eastleigh, Hampshire SO50 9PW2
£200K12/220.4 mi94, Loveridge Way, Eastleigh, Hampshire SO50 9PW2
£170K03/210.41 mi67, Stranding Street, Eastleigh, Hampshire SO50 5GR2
£195K02/230.41 mi73, Stranding Street, Eastleigh, Hampshire SO50 5GR2
£175K11/210.45 mi66, Hoddinott Road, Eastleigh, Hampshire SO50 5SN2
£197K03/230.45 mi52, Hoddinott Road, Eastleigh, Hampshire SO50 5SN2
£175K06/210.46 mi53, Drum Road, Eastleigh, Hampshire SO50 5ST2
£165K04/210.46 mi5, Drum Road, Eastleigh, Hampshire SO50 5ST2
£175K03/210.52 mi16, William Panter Court, Eastleigh, Hampshire SO50 5GL2
£190K02/210.53 miFlat 4, Bowman Lodge, Shakespeare Road, Eastleigh, Hampshire SO50 4QR2
£200K07/230.53 miFlat 4, Bowman Lodge, Shakespeare Road, Eastleigh, Hampshire SO50 4QR2
£235.8K02/230.54 mi13, Cherwell Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2NH2
£210K12/220.59 mi29, Blenheim Road, Eastleigh, Hampshire SO50 5JU2
£175K07/210.59 mi23, Selwyn Gardens, Boyatt Wood, Eastleigh, Hampshire SO50 4PX2
£202K01/210.59 mi43, Blenheim Road, Eastleigh, Hampshire SO50 5JU2
£150K06/230.68 miApartment 4, Hanns Mews, Hanns Way, Eastleigh, Hampshire SO50 5NZ2
£175K05/210.7 miFlat 11, Rossetti Court, Byron Road, Eastleigh, Hampshire SO50 4FL2
£180K01/210.7 miFlat 18, Rossetti Court, Byron Road, Eastleigh, Hampshire SO50 4FL2
£190K05/230.7 miFlat 35, Rossetti Court, Byron Road, Eastleigh, Hampshire SO50 4FL2
£185K03/230.7 miFlat 19, Rossetti Court, Byron Road, Eastleigh, Hampshire SO50 4FL2
£165K01/210.7 mi5, Salisbury Court, Eastleigh, Hampshire SO50 9BP2
£167.5K06/230.7 mi5, Salisbury Court, Eastleigh, Hampshire SO50 9BP2
£232K10/220.72 mi3, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£199K11/210.73 mi13, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£235K09/220.73 mi18, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£207.5K04/210.73 mi7, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£207.5K04/210.73 mi7, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£205K07/230.73 mi19, Milford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 2HY2
£205K08/230.77 mi18a, Derby Road, Eastleigh, Hampshire SO50 5HP2
£157.5K12/200.8 miFlat 10, Ashtree Court, Nursery Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 3RQ2
£188K03/210.81 miFlat 8, Chalvington Court, Chalvington Road, Chandler's Ford, Eastleigh, Hampshire SO53 3DY2
£197K03/230.85 mi135, Hut Farm Place, Chandler's Ford, Eastleigh, Hampshire SO53 3LR2
£230K11/220.85 mi99, Hut Farm Place, Chandler's Ford, Eastleigh, Hampshire SO53 3LR2
£205K05/230.85 mi133, Hut Farm Place, Chandler's Ford, Eastleigh, Hampshire SO53 3LR2

Local Rents

21 rents from £925/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15009/240.01 mi-2
£1,20009/240.35 mi-2
£1,20009/240.35 miHeinz Burt Close, Eastleigh, SO502
£92509/240.35 mi-2
£1,20012/240.36 miBenny Hill Close SILVER SUB, Eastleigh, Hampshire, SO502
£1,00012/240.36 mi|Ref: R153867|, Leigh Road, Eastleigh, SO50 9DT2
£1,20009/240.36 miBenny Hill Close2
£1,20009/240.38 mi-2
£1,10009/240.41 miGeorge Raymond Road, Eastleigh, SO502
£1,19511/240.43 mi-2
£1,15012/240.44 miDrum Road2
£1,25012/240.49 mi-2
£97506/240.5 mi-2
£1,10001/250.5 mi-2
£1,50009/240.53 miPennine Way, Chandler's Ford, , Eastleigh2
£1,15012/240.55 miArchers Road SILVER SUB, Eastleigh, SO502
£1,10012/240.55 miNutbeem Road, Eastleigh, SO502
£1,10009/240.55 miArchers Road, Eastleigh2
£1,20004/250.56 mi-2
£1,15009/240.59 miSelwyn Gardens, EASTLEIGH2
£1,10004/250.62 mi-2

Local Area Statistics

Population in SO50

46,318

Population in Eastleigh

78,741

Town centre distance

0.94 miles away

Nearest school

0.50 miles away

Nearest train station

0.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Balanced market

Capital growth (5yrs)

+12%

Property History

Price changed to £180,000

March 16, 2025

Listed for £185,000

January 6, 2025

Floor Plans

Description

  • No Forward Chain +
  • Two Double Bedrooms +
  • Residents Parking +
  • Excellent Commuting Links +
  • Top Floor +

TWO DOUBLE BEDROOM APARTMENT CONVENIENTLY LOCATED IN EASTLEIGH

Conveniently located close to Eastleigh Town Centre, is this well presented two bedroom top floor apartment, offered with no forward chain. Eastleigh Town boasts both amenities and commuting links, with ample public transport options available to both Southampton and Winchester cities, along with the Parkway station offering links to London. A range of shopping facilities, eateries, and entertainment are on offer, as well as local parks and Places Leisure.

The accommodation comprises; two generous sized double bedrooms with the main bedroom benefitting from built in wardrobes, a spacious open plan living room/dining room with dual aspect windows, a separate kitchen fitted with a range of units for storage and food preparation, and a three-piece bathroom. The accommodation is completed with loft storage with some boarding.

Externally the property has access to a well-maintained communal garden and further benefits from residents shared parking spaces, and a secure communal entrance to the block.

Council Tax Band: B
Additional Information
Tenure: Leasehold (With a Share of the Freehold)
Lease: 999yrs from 1st October 1983
Ground Rent: None
Service Charge: £700 From 1st April 2025 - 30th September 2025
Utilities: Mains Electricity
Mains Water and Drainage
Parking: Residents Shared Parking
Mobile Signal: Refer to ofcom website
Broadband: Refer to ofcom website
Flood Risk: For more information refer to gov.uk, check long term flood risk
Living Room 4.96m (16'3) x 4.51m (14'10)

Kitchen 3.28m (10'9) x 2.02m (6'8)

Bedroom 1 2.93m (9'7) x 2.93m (9'7)

Bedroom 2 2.97m (9'9) x 2.64m (8'8)

Bathroom 2.07m (6'9) x 2.07m (6'9)

ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER. YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.

These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.

Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.

Agent Details

Goadsby, Chandler's Ford

0238 001 4317

Next Steps?

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