2 Bed Flat, Single Let, Southampton, SO14 1LP, £280,000

Palmerston Road, Southampton, SO14 1LP - 4 views - a month ago

Leasehold
BTL
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£85K - £395K
Sold Prices/m²£1.2K/m² - £3.5K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4.1K/m²

Value Estimate

£193,440

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£16,700

Total Cash In

£86,700

 

 

Cash Out

 

Rent Range

£925 - £3,000

Rent Estimate

£998

Running Costs/mo

£1,095

Cashflow/mo

£-97

Cashflow/yr

£-1,159

Gross Yield

4%

Local Sold Prices

50 sold prices from £85K to £395K, average is £193.5K. £1.2K/m² to £3.5K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£152K05/210.07 miFlat 32, Kingsland House, North Front, Southampton SO14 1LJ2
£142K11/210.09 miFlat 6, Lewis House, North Front, Southampton SO14 1LH2
£100K09/230.22 mi28, James Street, Southampton SO14 1PJ2
£120K04/210.24 mi185, Golden Grove, Southampton SO14 1TD2
£177K04/210.36 miFlat 34, Raleigh House, The Compass, Southampton SO14 5BP2
£205K11/200.36 miFlat 33, Columbus House, The Compass, Southampton SO14 5BQ2
£185K07/210.38 miFlat 6, Raleigh House, The Compass, Southampton SO14 5BP2
£130K11/210.38 miFlat 20, St James House, Orchard Lane, Southampton SO14 3DH2
£137K02/210.39 mi46, White Star Place, Southampton SO14 3GN2
£142K03/210.39 mi47, White Star Place, Southampton SO14 3GN2
£250K03/230.48 mi16a, Oxford Street, Southampton SO14 3DJ2
£250K03/230.53 miFlat 35, Osborne House, Grosvenor Square, Southampton SO15 2DA2
£95K06/210.53 miFlat 99, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£85K02/230.53 miFlat 99, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£117K03/210.53 miFlat 83, Wyndham Court, Commercial Road, Southampton SO15 1GT2
£119K12/200.53 miFlat 161, Wyndham Court, Commercial Road, Southampton SO15 1GU2
£315K11/210.54 miFlat 147, Oceana Boulevard, Orchard Place, Southampton SO14 3HW2
£118.5K12/200.57 mi51a, Alfred Street, Southampton SO14 0NB2
£190K12/200.57 miFlat 2, Imperial Apartments, South Western House, Southampton SO14 3DW2
£270K09/210.57 miFlat 4, Mayflower Court, Bugle Street, Southampton SO14 2AP2
£228K03/210.59 miFlat 20, The Albany, Gloucester Square, Southampton SO14 2GH2
£255K05/210.59 miFlat 51, The Greenwich, Gloucester Square, Southampton SO14 2GJ2
£170K03/230.61 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£190K03/210.61 miFlat 32, Chadwick Lodge, Devonshire Road, Southampton SO15 2QQ2
£104K04/210.63 mi6a, Cranbury Avenue, Southampton SO14 0LQ2
£197.5K09/230.63 mi5, Kenilworth Road, Southampton SO15 2GD2
£128K03/210.64 miFlat 12, Consulate House, Canute Road, Southampton SO14 3FW2
£268K06/210.7 mi14, Alcantara Crescent, Southampton SO14 3HR2
£222K06/210.7 mi37, Alcantara Crescent, Southampton SO14 3HR2
£250K11/200.7 mi19, Alcantara Crescent, Southampton SO14 3HR2
£240K07/210.7 mi20, Alcantara Crescent, Ocean Village, Southampton SO14 3HR2
£265K05/230.7 mi13, Alcantara Crescent, Ocean Village, Southampton SO14 3HR2
£220K03/230.7 mi283 The Blake Building, Admirals Quay, Ocean Way, Southampton SO14 3LN2
£395K02/230.7 mi137 The Hawkins Tower, Admirals Quay, Ocean Way, Southampton SO14 3LH2
£183.5K12/200.7 miFlat 34, Queens Court, Hill Lane, Southampton SO15 5RR2
£298.5K05/230.71 mi37 The Moresby Tower, Admirals Quay, Ocean Way, Southampton SO14 3LF2
£180K09/210.72 miFlat 7, Shelley Court, Hill Lane, Southampton SO15 5SN2
£130K02/210.72 miFlat 20, Shelley Court, Hill Lane, Southampton SO15 5SN2
£225K07/210.72 mi17, Asturias Way, Southampton SO14 3HT2
£192K11/210.75 mi36, James Weld Close, Southampton SO15 2SW2
£195K10/210.75 mi43, James Weld Close, Southampton SO15 2SW2
£218K02/230.76 mi16, James Weld Close, Southampton SO15 2SW2
£280K06/210.77 mi57, Andes Close, Southampton SO14 3HS2
£197K04/210.77 mi104, Rollesbrook Gardens, Southampton SO15 5WD2
£230K07/230.77 mi48, Rollesbrook Gardens, Southampton SO15 5WB2
£219K08/210.77 mi58, Rollesbrook Gardens, Southampton SO15 5WB2
£270K03/230.82 miFlat 25, Cobalt Quarter, Maritime Walk, Southampton SO14 3JY2
£210K04/230.85 mi5, Padwell Road, Southampton SO14 6QY2
£173.5K06/210.89 mi94 Stokes Court, The Dell, Southampton SO15 2PR2
£153K12/200.91 miFlat 4, Banister Court, Court Road, Southampton SO15 2JS2

Local Rents

51 rents from £925/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25008/240.04 mi-2
£1,15003/250.1 mi-2
£1,15009/240.12 miParkview Mansions, New Road, Southampton, SO142
£1,80003/250.13 mi-2
£2,20004/250.13 mi-2
£2,20009/240.14 mi-2
£3,00009/240.14 mi-2
£1,25009/240.16 miCraven Street Southampton, SO142
£1,45002/250.16 mi-2
£99509/240.17 miSt Mary's Street, St Mary's, Southampton, SO142
£1,15004/250.17 mi-2
£1,15009/240.18 miHanover Buildings, Southampton2
£1,35009/240.18 mi2 Bedroom Flat | City Centre | Available 1st September 20242
£1,15009/240.18 mi|Ref: R152476|, Hanover Building, Southampton, SO14 1JH 2
£92509/240.18 miSt. Mary Street, Southampton2
£1,30009/240.19 mi|Ref: R152647|, Hanover Buildings, Southampton, SO14 1JH2
£1,10009/240.19 mi|Ref: R152456|, Hanover Buildings, Southampton, SO14 1JH2
£1,10009/240.19 mi|Ref: R152202|, Hanover House, Hanover Building, Southampton, SO14 1JH2
£1,25009/240.19 mi|Ref: R152181|, Hanover House, 19a Hanover Buildings, Southampton, SO14 1JH2
£1,30009/240.19 mi|Ref: R152382|, Hanover Buildings, Southampton, SO14 1JH2
£1,10009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,30009/240.19 miHanover Buildings, Southampton2
£1,25009/240.19 miHanover Buildings, Southampton2
£1,25009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,30009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.19 miHanover Buildings, Southampton2
£1,10009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,20009/240.19 miHanover Court, Southampton, Hampshire, SO14 1BP2
£1,30009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,10009/240.19 miHanover Buildings, Southampton, Hampshire, SO142
£1,15009/240.19 miF-4 HANOVER COURT, Southampton, Hampshire, SO142
£1,09509/240.19 mi1-2 Hanover Buildings, Southampton2
£99509/240.19 miHalifax Apartments, SO142
£1,00009/240.19 miAbove Bar Street, City Centre2
£1,10010/240.22 mi-2
£1,10010/240.22 mi-2
£1,00003/250.22 mi-2
£1,15009/240.22 mi|Ref: R152329|, Hanover Court, Southampton, SO14 1BP2
£1,03010/240.23 mi-2
£1,09509/240.23 mi-2
£1,59009/240.23 miPark Walk, Guildhall Apartments, 10 Park Walk, Southampton, Hampshire, SO14 7BL2
£1,45009/240.23 miPark Walk, Southampton, SO142
£1,25009/240.24 miOgle Road, Southampton2
£1,20011/240.24 mi-2
£1,40004/250.24 mi-2
£1,20009/240.24 miEast Street2
£1,20009/240.24 miOrchard Place, Southampton, SO142
£1,55009/240.25 miGatehouse Apartments, Southampton Southampton SO142
£1,70009/240.25 miGatehouse Apartments, Southampton Southampton SO142
£1,65009/240.25 miGatehouse Apartments, Southampton Southampton SO142

Local Area Statistics

Population in SO14

27,223

Population in Southampton

428,247

Town centre distance

1.12 miles away

Nearest school

0.20 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Buyer's market

Capital growth (5yrs)

+7%

Property History

Listed for £280,000

March 13, 2025

Floor Plans

Description

  • Park Views +
  • Two Bathrooms +
  • Walking distance to Southampton Train Station +
  • Close to Town Centre +
  • Balcony +
  • Parking +

Discover Your New Home with Yopa!

Stunning Large 2-Bedroom Apartment in Southampton City Centre

Yopa is excited to present this remarkable 2-bedroom apartment, designed for comfortable living and effortless entertaining.

Key Features: Two Spacious Bedrooms: Includes an ensuite bathroom.
 Additional Bathroom: Perfect for guests and family.
 Underground Allocated Parking: Enjoy the convenience of secure parking for two vehicles.
 Bike Storage: 2 storage units with a secure bike storage.

Apartment Highlights:
Expansive Living Area: A bright and airy kitchen and living space, perfect for entertaining guests.
Private Balcony: Unwind with a refreshing drink while soaking in the beautiful Southampton skyline on warm summer days.
Prime City Centre Location:
Experience the best of city living with a variety of shopping and dining options right at your doorstep.
Explore high street favorites and popular shopping hubs like West Quay and The Marlands, just moments away. Excellent Transport Links; Benefit from quick access to the M3 and M27 motorways, as well as direct train services to London Waterloo from Southampton Central Station  less than 15 mins walk away.

Don't miss the opportunity to call this stunning apartment your new home!

Schedule a Viewing Today Don’t miss the chance to experience this stunning apartment in one of Southampton's most desirable locations. Contact us to arrange a viewing and take the first step towards making this your new home!

EPC band: C Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, Midlands, South West & Wales

01202 145444

Next Steps?

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