Archers Road
Banister Park, Southampton, SO15

£160,000
11
Call Us 023 8098 4046

Features

  • ATTENTION INVESTORS
  • BALCONY
  • ALLOCATED PARKING FOR 1 CAR
  • VISITORS PARKING
  • MODERN SECOND FLOOR APARTMENT
  • TENANTS CURRENTLY PAYING £750 PCM
  • COMMUNAL GARDENS
  • GREAT LOCATION IN BANISTER PARK
  • DOUBLE GLAZED THROUGHOUT
  • RENTAL YIELD INCLUSIVE OF SERVICE CHARGE 5.43%

Description

Located on the second floor of the development the apartment is bright, spacious and very welcoming. The living room invites you to relax after a hard day`s work and escape the hustle & bustle. Enjoy relaxing on the balcony on a sunny day and this also brings in plenty of light to the room. The modern fitted kitchen is just off to the side and comes with undercounter fridge & freezer, plus gas hob & electric oven, space for washing machine. 

Archers Road is a popular area of Southampton as it is ideally located for travel into and out of the city with easy access to the road network, the M27 and M3 for travel further afield. Good public transport will bring you to the city and in the other direction to Southampton University, the general hospital, the airport and to Winchester. Local amenities are excellent with shops, bars, restaurants and coffee shops all within walking distance.

All in all this is a really lovely flat - This home is also close to the vibrant Bedford Place area which provides many bars, restaurants and boutique shops. 

 

The property comes with tenants in situ who are currently paying £750 PCM making a yield of around 5.43% based on the full asking price which includes service charge and ground rent.

There is an allocated parking space available. 

 

Location - Banister Park has proved to be a popular residential area due to the close proximity of shopping facilities in Bedford Place and the City Centre which is approximately one mile distant. The Common is found nearby and has over 300 acres of open parkland and together with the Sports Centre and Municipal Golf Course provides excellent recreational facilities. Access to the M27 and M3 motorway networks are found at the end of The Avenue and Stoneham Way whilst the Parkway Railway Station (opposite the International Airport) is found at Junction 5 of the M27 and allows a fast and convenient route to London Waterloo.

Outside:
The communal gardens are well kept. 

Lease Details - 105 years remaining. Maintenance Per Year £757.64 Ground Rent £85 Per Year. 

 

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.

EPC rating: D.

Documents

Floorplan
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