Tremona Road, Southampton Studio for sale

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Tremona Road, Southampton Studio for sale

Tremona Road, Southampton
£60,000

Our Summary

  • A vacant studio apartment requiring only minor improvement, situated in a vibrant residential area close to Southampton Common
  • The property benefits from a residents parking space and is conveniently located within walking distance of the City Centre and General HospitalThis apartment offers excellent potential for investors
  • Once refurbished, the property is anticipated to achieve a rental income of approximately £795 per calendar month, subject to condition, offering a potential gross yield of up to 15
  • Cash buyers
  • For sale by online auction
  • Good investment potential

Description

This vacant studio apartment is located in a vibrant residential area near Southampton Common and offers excellent potential for investors. The property requires only minor improvement and benefits from a residents parking space. Once refurbished, it's anticipated to achieve a rental income of approximately £795 per month, resulting in a potential gross yield of up to 15.9% per annum. The apartment is conveniently situated within walking distance of the city centre and general hospital, making it an attractive investment opportunity.