2 Bed Flat, Single Let, Southampton, SO14 1JU, £229,950

Flat 10, 21-22 Hanover Buildings, City Centre, Southampton, SO14 1JU - 2 months ago

BTL
ROI: 1%
~68 m²
+17 photos

ValuationOvervalued

Sold Prices£85K - £395K
Sold Prices/m²£1.2K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£192,274

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,488

Stamp Duty & Legal Fees

£8,099

Total Cash In

£65,586

 

 

Cash Out

 

Rent Range

£995 - £2,200

Rent Estimate

£1,000

Running Costs/mo

£939

Cashflow/mo

£61

Cashflow/yr

£737

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £85K to £395K, average is £197.3K. £1.2K/m² to £3.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£130K11/210.26 miFlat 20, St James House, Orchard Lane, Southampton SO14 3DH2
£152K05/210.27 miFlat 32, Kingsland House, North Front, Southampton SO14 1LJ2
£142K11/210.3 miFlat 6, Lewis House, North Front, Southampton SO14 1LH2
£250K03/230.35 mi16a, Oxford Street, Southampton SO14 3DJ2
£100K09/230.35 mi28, James Street, Southampton SO14 1PJ2
£270K09/210.37 miFlat 4, Mayflower Court, Bugle Street, Southampton SO14 2AP2
£142K03/210.37 mi47, White Star Place, Southampton SO14 3GN2
£315K11/210.37 miFlat 147, Oceana Boulevard, Orchard Place, Southampton SO14 3HW2
£137K02/210.38 mi46, White Star Place, Southampton SO14 3GN2
£255K05/210.4 miFlat 51, The Greenwich, Gloucester Square, Southampton SO14 2GJ2
£177K04/210.4 miFlat 34, Raleigh House, The Compass, Southampton SO14 5BP2
£228K03/210.4 miFlat 20, The Albany, Gloucester Square, Southampton SO14 2GH2
£185K07/210.41 miFlat 6, Raleigh House, The Compass, Southampton SO14 5BP2
£205K11/200.41 miFlat 33, Columbus House, The Compass, Southampton SO14 5BQ2
£120K04/210.43 mi185, Golden Grove, Southampton SO14 1TD2
£190K12/200.46 miFlat 2, Imperial Apartments, South Western House, Southampton SO14 3DW2
£117K03/210.53 miFlat 83, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£119K12/200.53 miFlat 161, Wyndham Court, Commercial Road, Southampton SO15 1GU2
£95K06/210.53 miFlat 99, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£85K02/230.53 miFlat 99, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£128K03/210.62 miFlat 12, Consulate House, Canute Road, Southampton SO14 3FW2
£250K03/230.63 miFlat 35, Osborne House, Grosvenor Square, Southampton SO15 2DA2
£395K02/230.64 mi137 The Hawkins Tower, Admirals Quay, Ocean Way, Southampton SO14 3LH2
£298.5K05/230.64 mi37 The Moresby Tower, Admirals Quay, Ocean Way, Southampton SO14 3LF2
£220K03/230.64 mi283 The Blake Building, Admirals Quay, Ocean Way, Southampton SO14 3LN2
£268K06/210.67 mi14, Alcantara Crescent, Southampton SO14 3HR2
£222K06/210.67 mi37, Alcantara Crescent, Southampton SO14 3HR2
£250K11/200.67 mi19, Alcantara Crescent, Southampton SO14 3HR2
£240K07/210.67 mi20, Alcantara Crescent, Ocean Village, Southampton SO14 3HR2
£265K05/230.67 mi13, Alcantara Crescent, Ocean Village, Southampton SO14 3HR2
£170K03/230.71 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£190K03/210.71 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£225K07/210.71 mi17, Asturias Way, Southampton SO14 3HT2
£183.5K12/200.71 miFlat 34, Queens Court, Hill Lane, Southampton SO15 5RR2
£197.5K09/230.72 mi5, Kenilworth Road, Southampton SO15 2GD2
£270K03/230.73 miFlat 25, Cobalt Quarter, Maritime Walk, Southampton SO14 3JY2
£180K09/210.73 miFlat 7, Shelley Court, Hill Lane, Southampton SO15 5SN2
£130K02/210.73 miFlat 20, Shelley Court, Hill Lane, Southampton SO15 5SN2
£280K06/210.76 mi57, Andes Close, Southampton SO14 3HS2
£118.5K12/200.77 mi51a, Alfred Street, Southampton SO14 0NB2
£197K04/210.8 mi104, Rollesbrook Gardens, Southampton SO15 5WD2
£230K07/230.8 mi48, Rollesbrook Gardens, Southampton SO15 5WB2
£219K08/210.8 mi58, Rollesbrook Gardens, Southampton SO15 5WB2
£104K04/210.83 mi6a, Cranbury Avenue, Southampton SO14 0LQ2
£110K01/210.85 mi41, Atlantic Close, Southampton SO14 3TB2
£110K01/210.85 mi41, Atlantic Close, Southampton SO14 3TB2
£275K06/230.86 mi30, Pacific Close, Ocean Village, Southampton SO14 3TX2
£290K05/210.86 mi17, Pacific Close, Southampton SO14 3TX2
£200K04/210.89 mi98, Pacific Close, Southampton SO14 3TY2
£197.5K10/200.89 mi46, Pacific Close, Southampton SO14 3TY2

Local Rents

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

RentDateDistanceAddressBeds 
£1,15009/240.01 mi|Ref: R152329|, Hanover Court, Southampton, SO14 1BP2
£1,15009/240.03 mi|Ref: R152476|, Hanover Building, Southampton, SO14 1JH 2
£99509/240.03 miHalifax Apartments, SO142
£1,09509/240.04 mi1-2 Hanover Buildings, Southampton2
£1,10009/240.04 miHanover Buildings, Southampton, Hampshire, SO142
£1,10009/240.04 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.04 miHanover Buildings, Southampton2
£1,30009/240.04 miHanover Buildings, Southampton2
£1,25009/240.04 miHanover Buildings, Southampton2
£1,20009/240.04 miHanover Court, Southampton, Hampshire, SO14 1BP2
£1,15009/240.04 miHanover Buildings, Southampton, Hampshire, SO142
£1,10009/240.04 miHanover Buildings, Southampton, Hampshire, SO142
£1,30009/240.04 miHanover Buildings, Southampton, Hampshire, SO142
£1,25009/240.04 miHanover Buildings, Southampton, Hampshire, SO142
£1,30009/240.04 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.04 miF-4 HANOVER COURT, Southampton, Hampshire, SO142
£1,10009/240.04 mi|Ref: R152456|, Hanover Buildings, Southampton, SO14 1JH2
£1,30009/240.04 mi|Ref: R152647|, Hanover Buildings, Southampton, SO14 1JH2
£1,30009/240.04 mi|Ref: R152382|, Hanover Buildings, Southampton, SO14 1JH2
£1,25009/240.04 mi|Ref: R152181|, Hanover House, 19a Hanover Buildings, Southampton, SO14 1JH2
£1,10009/240.04 mi|Ref: R152202|, Hanover House, Hanover Building, Southampton, SO14 1JH2
£1,35009/240.05 miC High Street, Southampton2
£1,15009/240.06 miHanover Buildings, Southampton2
£1,35009/240.06 mi2 Bedroom Flat | City Centre | Available 1st September 20242
£2,20010/240.13 mi-2
£2,10010/240.13 mi-2
£2,10011/240.13 mi-2
£2,00003/250.13 mi-2
£2,00004/250.13 mi-2
£1,10009/240.13 miHigh Street, Southampton2
£1,00009/240.13 miHigh Street, Southampton2
£1,57509/240.14 miGatehouse Apartments, Southampton Southampton SO142
£1,55009/240.14 miGatehouse Apartments, Southampton Southampton SO142
£1,70009/240.14 miGatehouse Apartments, Southampton Southampton SO142
£1,65009/240.14 miGatehouse Apartments, Southampton Southampton SO142
£1,54509/240.15 miGatehouse Apartments, Southampton Southampton SO142
£1,20009/240.16 miOrchard Place, Southampton, SO142
£1,03010/240.17 mi-2
£1,20009/240.18 miEast Street2
£1,25009/240.21 miOgle Road, Southampton2
£1,50009/240.23 miRoyal Court 56 Bugle Street, Southampton2
£1,25008/240.23 mi-2
£1,00009/240.23 miAbove Bar Street, City Centre2
£1,79909/240.26 miQueensway, Southampton, Hampshire, SO142
£1,61909/240.26 miQueensway, Southampton, Hampshire, SO142
£1,45609/240.26 miQueensway, Southampton, Hampshire, SO142
£1,60509/240.26 miQueensway, Southampton, Hampshire, SO142
£1,45609/240.26 miQueensway, Southampton, Hampshire, SO142
£1,60509/240.26 miQueensway, Southampton, Hampshire, SO142

Local Area Statistics

Population in SO14

27,223

Population in Southampton

428,247

Town centre distance

1.32 miles away

Nearest school

0.30 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £229,950

February 10, 2025

Floor Plans

Description

  • 2 Bedroom top floor apartment +
  • 112 sqm of accommodation +
  • 9 metre long lounge kitchenette +
  • Gas central heating +
  • Double glazed windows +
  • Offering no chain +
  • Communal bike store +
  • Two double bedrooms +
  • Exceptional apartment +
  • Viewing recommended +

Franklin Allan Property Services are proud to offer for sale this top floor apartment positioned in the heart of Southampton City Centre opposite Houndwell Park. This apartment is offering superb sized accommodation throughout the apartment, information taken from the energy performance certificate the apartment sqm is an impressive 112. Accommodation briefly comprises of communal entrance door with intercom and stairs leading to the top floor level. Once inside the apartment you are greeted with a spacious sized entrance hallway with a built in cloak cupboard, doors then lead to an impressive sized open plan living room and kitchen with dual aspect windows facing on two sides. The master bedroom is also an impressive size and comes equipped with its own built in wardrobe. The second bedroom is just as impressive and again has its own built in wardrobe, finally you have a modern spacious sized bathroom suite with a shower over the bath. Other features to the apartment include double glazed windows, gas central heating, EPC rating of "C", communal bike store on ground floor level and all amenities being in the heart of Southampton you could wish for. All in all this is a individual and stunning apartment, for an internal inspection simply contact our estate agency and we'll make all the necessary arrangements.

Top floor apartment
112 sqm of accommodation
Two impressive sized bedrooms
Open plan living area
Modern fitted kitchen
Modern bathroom suite
Offering no chain
Gas central heating
Double glazed windows
Communal bike store

Communal entrance
Intercom entry system, door to, stair case leading to all floors (no lift), door to residents bike storage area including gas and electrical meters, stairs leading to top floor, door to

Hallway
Double built in cupboard, radiator, doors to

Living room and kitchen combined 9m 15cm by 5m 12cm (30' by 16' 10")
Lounge dining room area- Double glazed windows facing front and side aspects, two radiators, open plan to kitchen area

Kitchen area
Modern fitted kitchen comprising of eye and base level units, work surfaces plus breakfast bar, inset sink with swan neck mixer taps, built in oven, induction hob and hood over, space for fridge freezer and washing machine, double glazed window to side aspect, wall mounted gas central heating boiler, inset ceiling spot lighting.

Bedroom one

5m 77cm by 4m 53cm (18' 11" by 14' 10")
Two double glazed windows to front aspect, two radiators, fitted wardrobe.

Bedroom two

5m 15cm by 3m 17cm (16' 11" by 10' 5")
Two double glazed windows facing the front aspect, radiator, built in wardrobe.

Bathroom

10' 8" by 6' 9" (3m 26cm by 2m 6cm)
Panelled bath with fitted shower screen and mixer shower over, wash hand basin, close coupled WC, heated towel rail, extractor fan, tiled to principal areas.

Services Connected
Please note that any services, heating systems or appliances have not been tested, and no warranty can be given or implied as their working order.

Stock Photos
The photographs used to present this property have been taken from our stock library, we will update these images as soon as the current tenant has left the property.

Franklin Allan Property Services Ltd
Franklin Allan Property Services Limited is a company registered in England, Company No.14515143

All Measurements
All measurements are approximate, all measurements have been taken using a laser tape measure and therefore, may be subject to a small margin of error.

Disclaimer
Whilst we endeavour to make our sales particulars as accurate and reliable as possible, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the information. The mention of any appliances and/or services in these details does not imply that these are in full and efficient working order or have been inspected by ourselves. Please be advised that some of the particulars may be awaiting vendor approval. Please contact Jason Franklin should you have any queries and we will try our utmost to assist.

Agent Details

FRANKLIN ALLAN PROPERTY SERVICES, Southampton

0238 001 2503

Next Steps?

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