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1 bedroom flat for sale
Wavell Road, Southampton, Hampshire, SO18
£81,000
Wavell Road, Southampton, Hampshire, SO18
£81,000
Price History
Initial price | £85,000 |
04/09/24 | £83,000 |
12/09/24 | £81,000 |
20/09/24 | £79,000 |
27/09/24 | £77,000 |
03/10/24 | £85,000 |
10/10/24 | £83,000 |
17/10/24 | £81,000 |
24/10/24 | £79,000 |
30/10/24 | £77,000 |
06/11/24 | £85,000 |
13/11/24 | £83,000 |
20/11/24 | £81,000 |
Price Change | -4.71% |
Description
This studio flat in Southampton is a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features a bedroom, lounge, kitchen, bathroom, and allocated parking space, and is currently producing an annual gross income of £7,200. With a tenant already in place, the new owner can increase the rental income to a market rate of £7,800, making it a worthwhile addition to an investment portfolio. The current tenants have consistently paid their rent and have no intention of moving out, ensuring a smooth transition for the new owner. With its valuable amenities and proximity to rental returns, this property is a great opportunity for investors to increase their portfolio.