House For Sale Arthur Road, Southampton, SO15

£1,700,000

1 of 4
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Last Updated: 29th June 2024

Description

***INVESTMENT OPPORTUNTY***

BLOCK OF TEN APARTMENTS

The property is located in the Shirley area of Southampton, in a residential area close to the junction between Howard Road and Shirley Road. Arthur Road is a quiet residential street comprising mainly Victorian age properties and unrestricted on-road parking.

A three-storey detached residential block comprising of 10 flats, with brick elevations beneath a mansard roof, dating from the early 2000s.

The third storey occupies the roof space, utilising former windows in the roof slope. The two flats located on the front half of the ground floor benefit from private entrances and a small forecourt area, providing off-road parking for 10 cars. The two flats located within the rear half of the first floor each have enclosed gardens to the rear.

There is further allocated parking to the rear, accessed via a driveway running alongside the boundary to the left of the property.

Current yield guide as confirmed by the Vendor: 7.01%

Please note, each flat has it's own EPC which can be provided on request.

Please call us for more information.
Agent Details
BrightWater
2 High Street Ringwood, Hampshire BH24 1AF

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested