Sutherlands Way, Eastleigh SO53 2 bed flat for sale

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Sutherlands Way, Eastleigh SO53 2 bed flat for sale

Sutherlands Way, Eastleigh, SO53
£157,000

Price History

Initial price £173,000
29/03/25 £170,000
05/04/25 £157,000
Price Change -9.25%

Description

This 2-bedroom flat in Eastleigh is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two spacious bedrooms, a bathroom, a comfortable lounge, a kitchen with ample cupboard space, and a parking spot. Currently, it generates an annual gross income of £11,100, which could be increased to a market rate of £12,264 with long-term tenants already in place. The tenants, who have been in the property for several years, have consistently paid their rent and do not intend to move out, making for a smooth transition for the new owner. With its proximity to valuable amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.