With a current annual rent of £7,200 giving a gross return of 7.2%, this fantastic ground floor studio is an ideal investment. Refurbished and redecorated in 2020 this flat will appeal to both professional tenants and students with Highfield Campus within walking distance and good access to the city centre by car and public transport.
This a very spacious flat with room to comfortably relax, dine, work from home and sleep. Its clean lines and neutral colours combine to make a perfect place for a single person or couple. One wall is taken up with built-in storage which also conceals the fold up double bed. This arrangement gives the option of leaving the bed down all the time or folding away should you need more space when friends visit. Desk & chair are provided for working from home or studying and there is also a small dining table. The separate modern kitchen has good cupboard & worktop space plus electric hob, oven, extractor hood, fridge/freezer and washing machine. Finally the contemporary bathroom is fully tiled with corner shower enclosure and electric shower.
Located in a popular residential area, the flat is ideal for those working in the city with easy access around the city by car or public transport plus Southampton University is less than a mile away. There are good local shops and Portswood with its vast choice of supermarkets, shops, bars & restaurants is just down the road. Swaythling train station, also within walking distance, provides an additional transport option for travel to Winchester, Southampton Airport, Parkway station for the fast train to London and into Southampton Central.
There is unallocated parking onsite.
Leasehold - current lease expires in 2114
Service Charge: Current £1329.58 p.a.
Ground Rent: TBA
Council Tax Band: A (£1,294.18 for 2021/22)
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.