£2,200,000

17 bed flat for sale

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  2.  Photo 02
  3.  Photo 03
Freehold

£2,200,000

17 bed flat for sale

Millbrook Road East, Freemantle, Southampton, Hampshire SO15

17 beds
17 baths
17 receptions
EPC rating: C

Key Information

Tenure:
Freehold
Council tax band:
A band has not yet been confirmed.

Local area information

Property location

Nearby amenities

  • Freemantle Church of England Community Academy 0.2 miles
  • Millbrook (Hants) 0.3 miles
  • St Mark's Church of England Voluntary Controlled Primary School 0.5 miles
  • Southampton Central 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Southampton to find out more about the local area.

Features and description

  • Freehold
  • Two residential apartment buildings
  • 17 self contained apartments
  • 7 X 1 bed, 8 X 2 bed, 2 X studio apartments
  • Investment opportunity
  • Currently let and achieving £136,320 pa
  • Potential rent of £150,300 pa
  • Freehold titles
  • Walking distance to southampton central train station
  • Parking
We are pleased to offer this fantastic investment opportunity of the freehold interest on this modern development of 17 apartments. It is set within the Highly sought after area of Freemantle so is close to Shirley high street with all of its amenities including Shops, Supermarkets, Cafes, Bars and Restaurants. Southampton Central train station is also close by and there are great links to the city centre as well as the motorway network. The properties are arranged as, one modern block of 15 apartments, which are over three floors comprising of a mix of studio and one and two bedroom apartments, as well as a smaller block of two, two bedroom maisonettes. This investment is currently achieving £136,320 per annum with scope for further rent increases, making this a fantastic investment buy

An opportunity to purchase an investment portfolio which includes 17 residential apartments across two buildings. There are 8 x two bedroom, 7 x one bedroom and 2 x studio apartments. Currently all 17 apartments are tenanted generating a rental income of around £136,320 per annum with scope for rent increases. One of the buildings contains 15 units and is purpose built, the other is a conversion containing 2 units.

EPCs on these properties range from 78 C to 81 B<br /><br />

Introduction

An opportunity to purchase an investment portfolio which includes 17 residential apartments across two buildings. There are 8 x two bedroom, 7 x one bedroom and 2 x studio apartments. Currently all 17 apartments are tenanted generating a rental income of around £136,320 per annum with scope for rent increases. One of the buildings contains 15 units and is purpose built, the other is a conversion containing 2 units.

Internally

All the apartments offer fitted kitchens and bathrooms with neutral décor throughout.

Externally

There is off road parking for the residents and communal gardens for both buildings.

Location

Situated in Shirley this property offers easy access to the popular shopping area of Shirley High Street which benefits from a range of chain stores including Sainsbury's, Iceland, Wilkinson's, Lidl and a number of independent retailers. There is a range of public transport on offer including rail travel from Southampton Central Station and Millbrook train station. The M3 can be accessed through Winchester Road and Bassett Avenue and the M27 can be accessed via Millbrook Road leading onto the M271.
Southampton is an historic port city on England's south coast which offers a range of shopping and leisure facilities including Ocean Village, West Quay, the Cultural Quarter, Mayflower Theatre and the Civic Centre including the Titanic Museum.

Please Note

Photos and floorplans are representative of the varying apartments across both buildings. All 17 apartments have EPC ratings ranging between c-e.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

No virtual tour available

More information

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Beals - Shirley

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