1 bedroom flat for sale

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1 bedroom flat for sale

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.