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1 bedroom flat for sale
Foundry Lane, Southampton, Hampshire, SO15
£430,000
Foundry Lane, Southampton, Hampshire, SO15
£430,000
Our Summary
- Impressive Investment Opportunity in the Heart of Shirley Charters is delighted to present this versatile investment property with significant potential in the vibrant area of Shirley
- Currently held as a single freehold (with potential to add value by creating individual leases and a title split) each flat is outfitted with its own services and utilities, ensuring easy management and flexibility for future use
- Ideal for Long or Short-Term RentalWith increasing demand for both standard rental units and short-term accommodation in Southampton, this property offers excellent investment potential
Description
This impressive investment opportunity in Shirley, Southampton, presents a versatile property with significant potential. The property comprises four professionally converted one-bedroom apartments, each with its own services and utilities, making it easy to manage and flexible for future use. With increasing demand for quality rental units and short-term accommodation in the area, this property offers excellent investment potential. The apartments are currently rented individually on an AST basis, generating circa £2800 to £3100 per month. The property's central location, adaptable layout, and convenient access to Southampton city centre, railway station, and cruise terminal make it a prime opportunity for investors looking to enter or expand in the Southampton rental market. With vacant possession and no forward chain, the property is immediately available for investment.