Initial price	£150,000
19/06/25	£125,000
Price Change	-16.67%

This modern two-bedroom apartment is situated on the first floor of Orchard Place, a 2005 development, and is located just 0.3 miles from Southampton city centre. The property features a west-facing balcony, a modern bathroom and kitchen with integrated appliances, and two bedrooms with fitted wardrobes. The apartment also benefits from access to a communal roof terrace with great city views. The property is currently tenanted until August 2025, paying £1,200 per month, and has a service charge of £2,076 per annum. The lease has 104 years remaining and is in Council Tax Band C. The ground rent is £225 per annum for the first 25 years, increasing to £450, £900, £1,800, and £3,600 for subsequent 25-year periods. This is a fantastic investment opportunity for those looking to purchase a modern apartment in a convenient location.