£575,000
1 bed flat for saleThe Avenue, Bishops Waltham, Hampshire SO32
1 bed
1 bath
1 reception
About this property
Investment purchase
Freeehold included in sale
Four individual apartments
3 x 1 bedroom and 1x 2 bedroom
All with off road parking
Current rental income approx £38,000 pa
Gross yield of approx. 6.6%
Residential investment opportunity comprising four individual apartments set in a well maintained period property within walking distance of Bishops Waltham High street.
The sale includes the freehold interest in the development which comprises eight apartments in total over two buildings with associated parking. The four apartments included in the sale are three one bedroom properties, and a two bedroom property.
All four apartments are currently let on Assured Shorthold Tenancies and produce a rental income of approximately £38,000 per annum, with a gross yield of approximately 6.6%.
Flat 1 - £900 pcm
Flat 2 - £850 pcm
Flat 3 - £720 pcm
Flat 6 - £690 pcm
Please contact us for further details or to arrange an inspection.
Additional information
Materials used in construction: Ask Agent
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Southampton is a dynamic port city on the south coast of England, known for its maritime history and modern waterfront development. It has long been a major hub for shipping and cruise travel, with the nearby docks still playing an important economic role. The city offers a vibrant mix of shopping, dining, and entertainment, particularly in areas such as Westquay and Oxford Street. Cultural attractions include historic city walls, museums, and theatres, alongside green spaces like Southampton Common. The presence of the University of Southampton adds a strong academic and youthful influence. With excellent transport links, proximity to the New Forest, and easy access to the coast, Southampton combines convenience, history, and lifestyle appeal.
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