Craven Street, Southampton SO14 2 bed flat for sale

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Craven Street, Southampton SO14 2 bed flat for sale

Craven Street, Southampton, Hampshire, SO14
£125,000

Price History

Initial price £172,000
13/08/24 £147,000
22/08/24 £145,000
29/08/24 £143,000
22/09/24 £141,000
26/09/24 £139,000
03/10/24 £137,000
09/10/24 £135,000
16/10/24 £150,000
24/10/24 £147,000
30/10/24 £145,000
06/11/24 £143,000
13/11/24 £141,000
20/11/24 £139,000
27/11/24 £137,000
04/12/24 £135,000
11/12/24 £150,000
18/12/24 £147,000
31/12/24 £145,000
08/01/25 £143,000
17/01/25 £141,000
29/01/25 £139,000
26/02/25 £135,000
12/03/25 £133,000
19/03/25 £131,000
25/03/25 £129,000
04/04/25 £127,000
09/04/25 £125,000
15/04/25 £123,000
25/04/25 £121,000
01/05/25 £130,000
01/08/25 £125,000
Price Change -27.33%

Description

This 2-bedroom flat in Southampton offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features 2 bedrooms, a bathroom, modern lounge, kitchen, and driveway, and is currently generating an annual gross income of £8,340. However, with the new owner, the potential rental income could be increased to £10,500 by taking advantage of the current tenant's long-term lease. The tenants, who have been in the property for several years, have a consistent payment history and intend to remain in the property, making this a worthwhile addition to an investor's portfolio.