- Ideal Investment Opportunity +
- Freehold Property Separated Into Two Apartments +
- Producing an Immediate Income of £1,359 pcm +
- Potential to Improve the Investment Return +
- Great Location Near the University +
- Enclosed Rear Garden +
- Compliance Ready +
- Double Glazing +
- Electric Heating +
We are pleased to present an excellent investment opportunity: a freehold property divided into two apartments, currently let at £1,359 per calendar month, delivering a strong gross yield of 6.2%.
Lupin Road is a freehold property that has been separated into two separate apartments, both of which are let on assured shorthold tenancies, offering investors an ideal opportunity to purchase and immediately achieve an income of £1,359 pcm.
The ground floor offers a bright and spacious one-bedroom apartment comprising: entrance hallway, lounge/diner with bay window, double bedroom with built-in wardrobe, utility area, bathroom, and a spacious kitchen/breakfast room opening onto a pleasant rear garden. This apartment is currently let at £850 pcm.
The first floor offers a spacious studio apartment comprising: hallway, lounge/bedroom measuring 13'8" x 12'8", kitchen, and bathroom. It is let at £519 pcm to a long-term settled tenant.
Opportunities in such a sought-after rental area are few and far between, so this really is a great opportunity to acquire a settled investment offering an immediate income. Call us now to arrange a viewing.
Bassett Green is a popular residential area on the northern side of Southampton, offering a calm suburban feel while still being close to key amenities. The neighbourhood benefits from good local schools, nearby green spaces, and excellent transport links, including easy access to the M27 and Southampton Airport. It’s conveniently positioned for Southampton University and just a short drive from the city centre, making it an ideal location for families and professionals alike.
Council Tax Bands
Ground Floor - Band A
First Floor - Band A
All Mains Services Connected (no gas in the property).
From the M27, take exit 5 and head south towards Southampton. As you proceed down Stoneham Way, turn right at the first set of traffic lights onto Bassett Green Road. At the next set of traffic lights, continue straight ahead, then take the third left into Lobelia Road and another left into Lupin Road. The property can be found on the right-hand side.