>
Southampton 1 bed flat for sale
Southampton
£72,000
Southampton
£72,000
Price History
Initial price | £79,500 |
07/01/25 | £77,000 |
11/02/25 | £72,000 |
Price Change | -9.43% |
Description
This ground floor studio apartment on Howard Road, Southampton, offers a fantastic investment opportunity with a 154-year lease remaining. The property, which needs some updating and modernization, provides a blank canvas for an investor or first-time buyer to enhance its value. The studio flat comprises a lounge/bedroom, kitchen, and shower room, and benefits from electric heating and UPVC double glazing. With off-street communal parking available, this property is an ideal location for both tenants and owner-occupiers, being close to Southampton city centre and local amenities. The current tenant, who has lived there for six years, is happy to stay on, offering a strong yield of over 9% for investors. With a manageable ground rent and service charge, this property is a great addition to any portfolio.