2 Bed Flat, Single Let, Southampton, SO17 2NT, £180,000

17 Priory Avenue, Southampton, SO17, SO17 2NT - 2 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 4%
53 m²
+8 photos

ValuationOvervalued

Sold Prices£100K - £525K
Sold Prices/m²£1.8K/m² - £4K/m²

 

 

Square Metres

52.52 m²
Price/m²£3.4K/m²

Value Estimate

£132,114

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£825 - £1,500

Rent Estimate

£925

Running Costs/mo

£768

Cashflow/mo

£158

Cashflow/yr

£1,890

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £100K to £525K, average is £172K. £1.8K/m² to £4K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£170K07/230.09 mi217, Priory Road, St Denys, Southampton SO17 2LR2
£195K06/230.1 miFlat 19, St Michaels Court, Priory Close, Southampton SO17 2FR2
£205K05/210.18 mi68, Riverdene Place, Southampton SO18 1UH2
£202K09/230.19 mi18, Riverdene Place, Southampton SO18 1UG2
£155K03/210.24 mi32a, St Catherines Road, Southampton SO18 1LJ2
£167K08/210.24 mi100b, Adelaide Road, Southampton SO17 2HX2
£168K12/200.26 mi11a, St Catherines Road, Southampton SO18 1LL2
£212K04/230.34 mi23a, Hillside Avenue, Bitterne Park, Southampton SO18 1LD2
£168K06/210.36 mi31, Adelaide Road, Southampton SO17 2HU2
£156K04/210.46 miFlat 3, Christine Court, Cobbett Road, Bitterne Park, Southampton SO18 1RD2
£145K08/210.48 mi72b, Bitterne Road West, Southampton SO18 1AP2
£177.5K01/210.51 miFlat 20, Deepdene, Midanbury Lane, Southampton SO18 4TQ2
£185K09/210.51 miFlat 21, Deepdene, Midanbury Lane, Southampton SO18 4TQ2
£163K01/230.57 mi619, Portswood Road, Southampton SO17 3SL2
£160K11/200.6 miFlat 7, Castle Heights, Castle Road, Midanbury, Southampton SO18 1TY2
£138K07/210.61 mi36, Shakespeare Avenue, Southampton SO17 2HB2
£125K06/210.63 mi25, Neva Road, Southampton SO18 4FH2
£525K12/200.64 mi103, Highfield Lane, Southampton SO17 1NN2
£175K03/230.68 miFlat 4, Beech Court, Beech Avenue, Southampton SO18 4TS2
£160K02/230.7 miFlat 1, Ascupart House, Portswood Road, Southampton SO17 2US2
£123K04/230.71 mi4, Summit Way, Southampton SO18 4ST2
£177K11/210.71 mi117a, Woodmill Lane, Southampton SO18 2PE2
£150K09/210.71 miFlat 8, Ascupart House, Portswood Road, Southampton SO17 2US2
£150K05/230.71 miFlat 11, Ascupart House, Portswood Road, Southampton SO17 2US2
£142K04/230.71 miFlat 4, Ascupart House, Portswood Road, Southampton SO17 2US2
£165K05/230.73 mi30, Witts Hill, Southampton SO18 4QF2
£202K12/210.74 miFlat 11, Westwood Mansions, Westwood Road, Southampton SO17 1UY2
£160K08/230.75 mi8a, Rigby Road, Southampton SO17 2EU2
£190K05/210.76 miFlat 1, Elm Court, Westwood Road, Southampton SO17 1DX2
£198K04/230.76 mi158, Woodmill Lane, Southampton SO18 2PF2
£188K10/210.76 mi152, Woodmill Lane, Southampton SO18 2PF2
£160K12/200.76 mi150, Woodmill Lane, Southampton SO18 2PF2
£182K09/210.76 miFlat 3, Elm Court, Westwood Road, Southampton SO17 1DX2
£195K12/200.76 miFlat 9, Elm Court, Westwood Road, Southampton SO17 1DX2
£169K05/210.78 mi33, Vale Drive, Southampton SO18 4SW2
£190K06/210.78 mi3, Lingfield Gardens, Southampton SO18 2QG2
£200K02/230.78 mi21, Lingfield Gardens, Southampton SO18 2QG2
£252.5K07/230.8 miFlat 1, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£174K07/210.81 miFlat 3, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£180K02/210.81 miFlat 2, Latimer Court, Brookvale Road, Southampton SO17 1QX2
£152K08/210.87 miFlat 2, Cranford House, Cranford Way, Southampton SO17 1UE2
£190K07/210.87 miFlat 6, Westwood Court, Westwood Road, Southampton SO17 1UX2
£227.5K09/210.87 miFlat 2, Westwood Court, Westwood Road, Southampton SO17 1UX2
£210K07/210.87 miFlat 5, Westwood Court, Westwood Road, Southampton SO17 1UX2
£160K02/210.91 miGround Floor Flat, 37, High Road, Swaythling, Southampton SO16 2JE2
£100K06/210.94 miFlat 3, Charles Court, Forest Hills Drive, Southampton SO18 2FY2
£180K04/230.94 mi34, Cornwall Road, Southampton SO18 2QZ2
£140K04/210.95 miFlat 10, Grenville Court, Old Farm Drive, Southampton SO18 2QH2
£178.5K04/230.98 miFlat 6, Buckingham Court, Westwood Road, Southampton SO17 1HD2
£150K03/210.98 miFlat 12, Buckingham Court, Westwood Road, Southampton SO17 1HD2

Local Rents

48 rents from £825/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,30009/240.02 miPriory Avenue, Southampton2
£95009/240.02 miSt Denys Road, SOUTHAMPTON2
£1,25011/240.07 mi-2
£1,15010/240.08 mi-2
£1,35009/240.12 miStanley Road, Southampton2
£1,00009/240.14 miAberdeen Road, Southampton, SO172
£99509/240.14 miElizabeth Court, SO172
£1,20009/240.19 miRiverdene Place, Bitterne Park2
£1,05009/240.19 miRiverdene Place, Bitterne Park, Southampton2
£92508/240.19 mi-2
£1,05009/240.22 miNorth Road, St Denys2
£1,50002/240.22 mi-2
£92509/240.23 miSt. Denys Road, Southampton, Hampshire, SO172
£1,25009/240.23 miSouth Road, Southampton2
£1,20002/250.26 mi-2
£1,05011/240.27 mi-2
£1,00009/240.28 mi-2
£1,10010/240.28 mi-2
£95009/240.29 miWhitworth Crescent, Southampton2
£85003/250.29 mi-2
£1,25009/240.31 miIvy Road, SOUTHAMPTON2
£99501/250.31 mi-2
£1,05009/240.34 miPortswood Road, Southampton2
£1,03509/240.34 miPortswood Road, Southampton2
£1,20009/240.35 miPortswood Road, 256-258 Portswood Road, Southampton, Hampshire, SO17 2LE2
£1,30009/240.35 mi|Ref: R164477|, Portswood Road, Southampton, SO17 2TH2
£1,25009/240.35 miBullar Road, SOUTHAMPTON2
£1,00009/240.36 miBelmont Road, Southampton, Hampshire, SO172
£1,20001/250.37 mi-2
£97509/240.37 miPortswood Road, Southampton2
£1,25009/240.38 miVespasian Road,Bitterne Manor, Southampton2
£1,10011/240.39 mi-2
£1,35002/250.39 mi-2
£1,25003/250.39 mi-2
£1,30009/240.39 miPortswood Road , Southampton2
£1,30009/240.39 miPortswood Road, Southampton, Hampshire, SO172
£1,10009/240.41 mi|Ref: R153069|, Belmont Road, Southampton, SO17 2GD2
£1,20009/240.41 miBelmont Road, Southampton2
£1,10009/240.41 miBelmont Road, Portswood2
£1,20009/240.42 miCobden Avenue, Southampton, Hampshire, SO182
£1,22509/240.42 mi-2
£1,22509/240.42 miWoodlands Court, Southampton, SO182
£99509/240.42 miBitterne Park2
£1,10009/240.43 miVespasian Court, Vespasian Road, Southampton, SO182
£1,20009/240.43 miBullar Road, Southampton2
£82502/240.43 mi-2
£1,15009/240.43 miVespasian Court, 52 Vespasian Road, Southampton2
£1,07509/240.44 miBullar Road, Southampton, SO182

Local Area Statistics

Population in SO17

19,429

Population in Southampton

428,247

Town centre distance

0.61 miles away

Nearest school

0.20 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-22%

Sales demand

Balanced market

Capital growth (5yrs)

+6%

Property History

Listed for £180,000

January 18, 2025

Floor Plans

Description

  • Under Croft Parking +
  • Two Bedrooms +
  • Balcony +
  • Book A Viewing 24/7 Via Purplebricks App/Website +
  • Well Presented +
  • Sought After Location +
  • En-Suite +
  • Long Lease +

The Property
*SPACIOUS WELL PRESENTED TWO BEDROOM FLAT IN SOUGHT-AFTER LOCATION*

Purplebricks is pleased to present this stylish two-bedroom apartment that would be a fantastic first-time buy or investment purchase.

The property comprises a good-sized lounge, kitchen, two bedrooms master with ensuite, family bathroom and balcony.

Another real benefit to this property is not only the allocated parking underground but also the storage shed perfect for bikes and a further storage cupboard.

*Please click brochure button near the bottom of the Rightmove advert or visit the Purplebricks website to book a viewing 24 hours a day*

Location
Situated close to all local amenities including Bitterne triangle, Riverside Park, Portswood, University of Southampton as well as Southampton City Centre itself.

Good access routes to the motorway links M3 & M27, Southampton Airport and a short walk to St Deny's Station which is the direct line to London, Portsmouth, Southsea, and Winchester.

Also, there are excellent bus routes servicing all the above areas.

A short drive away is Hedge End retail park with Marks & Spencer and Sainsbury.

General Information
Tenure: Leasehold

Windows: Double Glazing

Heating: Electric Heating

Council: Southampton City Council

Council Tax: Band B

INFANT/JUNIOR SCHOOL: St Denys Primary School

SECONDARY SCHOOL: Bitterne Park School

Viewing: By Appointment Only

*Please click brochure button near the bottom of the Rightmove advert or visit the Purplebricks website to book a viewing 24 hours a day*

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 31/08/3000

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Southampton

020 3909 9760

Next Steps?

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