£120,000
1 bed flat for saleHanover Buildings, Southampton, Hampshire SO14
1 bed
1 bath
1 reception
EPC Rating: D
Added on
Leaders - Ocean Village
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About this property
Fantastic investment opportunity/first time purchase
Currently let out at £950 pcm
First floor
Private outdoor terrace
Open plan living/kitchen
Double bedroom
Bathroom
First come first parking
No forward chain
Exceptional Investment Opportunity – Two Fully Let Flats Producing Approx. 9% Gross Yield
A rare opportunity to acquire two fully tenanted investment flats, offering an immediate income stream and an approximate 9% gross rental yield. Situated in an area benefiting from significant regeneration, this investment combines excellent current returns with strong prospects for future capital growth.
Investment Summary
Flat 14A – One Bedroom Guide Price: £120,000 Current Rental Income: £11,400 per annum
Flat 15A – Two Bedroom Guide Price: £150,000 Current Rental Income: £12,000 per annum
Combined Investment: Purchase Price: £270,000
Current Annual Rental Income: £23,400
Approximate Gross Yield: 9%
The surrounding area is undergoing extensive regeneration and investment, with continued improvements expected to drive demand and support future property value growth. This combination of strong rental performance and excellent long-term prospects makes these flats an ideal addition to any investment portfolio.
Whether you are an experienced investor or looking to make your next buy-to-let acquisition, opportunities offering this level of income and growth potential are increasingly difficult to find.
Early enquiries are strongly recommended. Contact us today for further or to arrang a viewing
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B
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