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1 bedroom flat for sale
Wavell Road, Southampton, Hampshire, SO18
£81,000
Wavell Road, Southampton, Hampshire, SO18
£81,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This studio flat in Southampton is a fantastic investment opportunity for those looking to expand their portfolio. The well-kept home features a bedroom, lounge, kitchen, bathroom, and allocated parking space, and is currently producing an annual gross income of £7,200. With a tenant already in place, the new owner can increase the rental income to a market rate of £7,800, making it a worthwhile addition to an investment portfolio. The current tenants have consistently paid their rent and have no intention of moving out, ensuring a smooth transition for the new owner. With its valuable amenities and proximity to rental returns, this property is a great opportunity for investors to increase their portfolio.