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Guide price

£120,000

1 bed flat for sale
Woodside Road, Southampton SO17

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: E

  • Leasehold

Kings Estates

Logo of Kings Estates

About this property

  • Lease will be extended by 90 years upon completion

  • Investment opportunity

  • Potential 9.5 percent yield

  • Spacious one bedroom flat

  • Electric storage heating

  • Fibre to the premises broadband

  • Communal gardens

  • Prime portswood location

  • Walking distance to southampton university

  • No forward chain

Summary description
A well proportioned one bedroom flat situated in the highly desirable Portswood area of Southampton. Offering generous internal accommodation including a spacious lounge, separate fitted kitchen, double bedroom with built in wardrobes, and bathroom suite, this property represents an excellent opportunity for investors or first time buyers. Further benefits include electric storage heating, fibre to the premises broadband availability, communal gardens, on street parking, and a lease extension of 90 years to be added upon completion. Estimated rental income of approximately £950 per calendar month, offering a potential yield of approximately 9.5 percent.

Main description

Kings Estates are pleased to present this spacious one bedroom flat located on Woodside Road in the heart of Portswood. The property is positioned within a well established development dating from the 1950s to 1970s and benefits from excellent access to Southampton University, Portswood High Street, and major transport links.
The property comprises a bright lounge with double glazed window to the front aspect and electric fireplace, creating a comfortable and practical living space. The layout offers open access into the kitchen area, providing a functional arrangement suitable for modern living.
The kitchen is fitted with a range of wall and base units with work surfaces over, stainless steel sink with drainer, electric hob and oven with extractor hood above, and space for washing machine and fridge freezer. The kitchen benefits from a double glazed window allowing natural light into the room.
The bedroom is a generous double room with double glazed window, electric radiator, and built in wardrobes offering excellent storage.
The bathroom comprises a panel enclosed bath with shower attachment, wash hand basin, and low level WC. A double glazed window provides natural ventilation and light.
Externally, the property benefits from communal gardens and on street parking. The flat further benefits from mains electricity, mains water, mains drainage, electric storage heating, and fibre to the premises broadband connectivity.
Upon completion of sale, the seller will extend the existing lease by 90 years, significantly enhancing long term value and mortgageability. This is an important consideration for buyers given the current lease term of 43 years remaining.
Accommodation


Lounge
Double glazed window to front aspect, electric fireplace, electric storage heater, open plan access to kitchen.

Kitchen
Double glazed window, fitted wall and base units, electric hob and oven, extractor hood, stainless steel sink with drainer, space for washing machine and fridge freezer.

Bedroom
Double glazed window, electric radiator, built in wardrobes.

Bathroom
Panel enclosed bath with shower, wash hand basin, low level WC, double glazed window.
Tenure and investment details

Tenure: Leasehold
Current Lease Remaining: 43 Years
Lease Extension: 90 Years to be added upon completion
Service Charge: £2,099 per annum
Ground Rent: £22 per annum
Council Tax Band: A
Local Authority: Southampton City Council
Estimated Rental Income: Approximately £950 per calendar month
Estimated Yield: Approximately 9.5 percent

This property is considered an investment opportunity and benefits from strong rental demand due to proximity to the University and Portswood amenities.
Local area information


Woodside Road is ideally positioned within Portswood, one of Southampton's most popular residential and rental locations.
Portswood High Street is within walking distance and offers a wide range of amenities including Sainsbury's Supermarket, Iceland, independent retailers, cafés, restaurants, pharmacies, and leisure facilities.
Southampton University Highfield Campus is approximately 0.8 miles away, making the property particularly attractive to students and academic professionals.
Southampton Solent University is approximately 1.5 miles away.
Southampton Central Railway Station is approximately 1.7 miles away, offering direct routes to London Waterloo, Winchester, Bournemouth, and further afield.
Motorway access to the M3 and M27 is easily accessible providing convenient road connections across the South Coast and into London.
Nearby Schools Include:

Highfield Church of England Primary School – Rated Good by Ofsted
Portswood Primary School – Rated Good by Ofsted
Cantell School – Rated Good by Ofsted
St Denys Primary School – Rated Good by Ofsted

Important Notice for Buyers
Successful buyers will be required to complete online identity verification checks. The cost of these checks is £50 including VAT per purchaser, payable in advance directly to Kings Estates. An invoice will be provided, and this fee is non-refundable.
This process ensures compliance with hmrc anti-money laundering regulations and provides a secure, verified transaction process.

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More information

  • Tenure

    Leasehold (43 years)

  • Service charge

    £2,099 per year

  • Council tax band

    A

  • Ground rent

    £22

  • Ground rent date of next review

See all recent sales in SO17

Property descriptions and related information displayed on this page are marketing materials provided by - Kings Estates. 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 Kings Estates for full details and further information.