1 bedroom flat

Mill House, 20 Southampton Street, Hampshire, Southampton, Hampshire, SO15 2ED

Size: 32 sqm

Purchase price

£135,000

Size: 32 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,120
Ground rent £215
Service charge £900
Lettings fees £876
Net income £5,209
Gross yield 6.76%
Net yield 3.86%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This wonderful one bedroom apartment is located in the heart of Southampton, enquire today to avoid disappointment.


EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This wonderful one bedroom apartment is located in the heart of Southampton, enquire today to avoid disappointment.

This excellent one bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed window; fully fitted kitchen with all appliances included; three piece family shower room with walk-in shower; double bedroom with double glazed window to the side. The apartment is on the ground floor, and located in the heart of the ever growing Southampton. Mill House is a stone’s throw from the city centre, making it attractive for tenants who work locally.

Now couldn’t be a better time to invest in Southampton. The first phase of a dynamic proposed mixed use development for the Toys R Us site was approved by Southampton City Council on 18 September 2019. This comprehensive regeneration project will commence with 275 residential units in three buildings and a new 70,000sq ft landmark office building, directly opposite Southampton Central Station.

The construction value of Phase 1 will be around £75m and will contribute towards the need for more homes and also the shortage of top quality city centre office space. The scheme will meet identified occupier demand and support the rest of the city centre, providing employment opportunities and modern urban living spaces.

The completed office building will see around £27m investment in the development from the council, creating a valuable revenue stream from rental income and business rates. With the level of invest going into the area, this will increase population, jobs and visitor’s into Southampton.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

One bedroom apartment

Key features

Fully furnished

Key features

Ground floor

Key features

Excellent location

Key features

Great transport links

Key features

In the heart of Southampton

Key features

Shops, bars and amenities nearby

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This wonderful one bedroom apartment is located in the heart of Southampton, enquire today to avoid disappointment. More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This wonderful one bedroom apartment is located in the heart of Southampton, enquire today to avoid disappointment.

This excellent one bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed window; fully fitted kitchen with all appliances included; three piece family shower room with walk-in shower; double bedroom with double glazed window to the side. The apartment is on the ground floor, and located in the heart of the ever growing Southampton. Mill House is a stone’s throw from the city centre, making it attractive for tenants who work locally.

Now couldn’t be a better time to invest in Southampton. The first phase of a dynamic proposed mixed use development for the Toys R Us site was approved by Southampton City Council on 18 September 2019. This comprehensive regeneration project will commence with 275 residential units in three buildings and a new 70,000sq ft landmark office building, directly opposite Southampton Central Station.

The construction value of Phase 1 will be around £75m and will contribute towards the need for more homes and also the shortage of top quality city centre office space. The scheme will meet identified occupier demand and support the rest of the city centre, providing employment opportunities and modern urban living spaces.

The completed office building will see around £27m investment in the development from the council, creating a valuable revenue stream from rental income and business rates. With the level of invest going into the area, this will increase population, jobs and visitor’s into Southampton.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop One bedroom apartment
    Tick Desktop Fully furnished
    Tick Desktop Ground floor
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop In the heart of Southampton
    Tick Desktop Shops, bars and amenities nearby
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £9,120
Ground rent £215
Service charge £900
Lettings fees £876
Net income £5,209
Gross yield 6.76%
Net yield 3.86%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.