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£125,000

1 bed flat for sale
Millbrook Road East, Shirley, Southampton, Hampshire SO15

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: B

  • Leasehold

Charters - Southampton

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About this property

  • One bedroom first floor apartment

  • Walking distance to the city centre & railway station

  • Allocated parking space

  • Tenant in situ paying £895 pcm

  • 8.5 % yield

  • Open plan lounge & kitchen area

This one bedroom first floor apartment is conveniently located within walking distance of Shirley high street, the city centre, the central railway station with excellent transport links across Southampton, and West Quay's retail park and shopping centre.

Currently let out at a figure of £900 pcm including the water bill this respresents an excellent yield of over 8% making it an attractive investment opportunity for landlords looking to add to their portfolio.

The apartment benefits from secure telephone entry system and once inside the property, the accomodation all accessed from the entrance hallway, comprises a light and bright double bedroom, a contemporary three piece bathroom suite with shower over the bath, and the open plan lounge dining and kitchen area.
The property also benefits from one allocated parking space

Leasehold
Unexpired Years: 115
Annual Ground Rent: £200
Ground Rent Increase: Rises to £400 from January 1st 2041
Ground Rent Review Period: Tbc
Annual Service: £ 1650
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.
Additional information


Services:
Water: Mains
Gas:No Mains
Electric: Mains
Sewage: Mains
Heating: Electric Radiators

Convenants/restrictions affecting the property:
The porperty is a leasehold flat, and standard leaseholder convenants aee conained in the lease.

Materials used in construction: Ask Agent
How does broadband enter the property: Ask Agent

For further information on broadband and mobile coverage, please refer to the Ofcom Checker online

Shirley has proved to be a popular residential area with extensive shopping facilities found nearby in Shirley High Street. The central railway station is found adjacent to Commercial Road and the city centre is a short distance away boasting numerous pleasant parks, the West Quay shopping mall, numerous bars, restaurants and cinemas. Freemantle Lake Park and St James Park offer outdoor recreational space and the indoor swimming pool in English Road is a popular neighbourhood facility. Schooling for all ages is found close by.

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Property descriptions and related information displayed on this page are marketing materials provided by - Charters - Southampton. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Charters - Southampton for full details and further information.