£170,000
1 bed flat for saleOrchard Place, Southampton SO14
1 bed
1 bath
EPC Rating: B
- Leasehold
The Agency UK
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About this property
£1,100 per month rental income already secured
Attractive gross yield of approx. 7.76% (based on £170,000 purchase price)
Long-standing tenant in place – fixed 12-month tenancy
Modern, purpose-built apartment with secure entry
Low-maintenance and well-managed building
Superb central location – close to WestQuay and Ocean Village
Great transport links – walk to train station or quick access to the M27
Bright and spacious layout with open-plan living
Popular rental block with strong demand
Fantastic hands-off investment opportunity
One-bedroom flat | Tenant in situ | Ideal buy-to-let investment | City centre location
Welcome
This is a fantastic opportunity to purchase a one-bedroom apartment in the heart of Southampton, complete with a long-standing tenant already in place. Located in the ever-popular Oxford Heights development on Orchard Place, this modern flat would make a perfect hands-off investment for any landlord looking for immediate income and a great return.
The property is currently let at £1,100 per calendar month, with a 12-month tenancy agreement already in place, giving you peace of mind from the moment you complete.
Inside the Property
The flat offers well-balanced accommodation with a lovely open-plan kitchen/living area, a good-sized double bedroom, and a modern bathroom. Everything feels light, clean and easy to maintain – ideal for professional tenants or as part of a managed portfolio.
The building itself is purpose-built, with a secure entry system and a well-kept communal interior. It’s one of those blocks that tenants tend to stay in long-term, and this one is no exception.
Outside & Location
Oxford Heights sits just a short walk from WestQuay Shopping Centre, the Ocean Village marina, and the Southampton waterfront. Residents benefit from all the vibrancy of city life right on the doorstep – including shops, gyms, bars, restaurants, and lovely waterside walks.
There’s easy access to Southampton Central station (around 15–17 minutes on foot), and the M27 is just a few minutes’ drive away, making it ideal for professionals who commute locally or further afield.
Key Features
1. Long-standing tenant in place – fixed 12-month tenancy
2. £1,100 per month rental income already secured
3. Attractive gross yield of approx. 7.76% (based on £170,000 purchase price)
4. Modern, purpose-built apartment with secure entry
5. Low-maintenance and well-managed building
6. Superb central location – close to WestQuay and Ocean Village
7. Great transport links – walk to train station or quick access to the M27
8. Bright and spacious layout with open-plan living
9. Popular rental block with strong demand
10. Fantastic hands-off investment opportunity
Distances & Travel Links
• WestQuay Shopping Centre – approx. 9 mins walk
• Ocean Village Marina – approx. 6 mins walk
• Southampton Central Station – approx. 15–17 mins walk
• M27 (Junction 5) – approx. 1.5 miles by car
• University of Southampton – approx. 2.5 miles
• Southampton Airport – approx. 4.4 miles
Useful Information
• Tenure: Leasehold - 114 years
• Council Tax Band: A
• EPC Rating: C (typical for the block)
• Services: Mains gas, electricity, water, broadband available
• Service Charge & Ground Rent: Approximately 1,400 per annum
A Note from the Agent
This is a lovely little investment property – simple, reliable, and with a tenant who clearly loves living here. Whether you’re just starting out in buy-to-let or looking to add to an existing portfolio, this is a solid, well-located option that gives you income from day one
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More information
Tenure
Leasehold (114 years)
Service charge
£1,400 per year
Council tax band
TBC
Ground rent
Ground rent date of next review