Anson Drive, Southampton, Hampshire 1 bed apartment for sale

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Anson Drive, Southampton, Hampshire 1 bed apartment for sale

Anson Drive, Southampton, Hampshire
£65,000

Our Summary

  • A vacant one-bedroom apartment, requiring only minor improvement works, and benefitting from a long lease of approximately 949 years, offering long-term security for future ownership
  • The apartment presents an excellent investment opportunity
  • Once refurbished, it is anticipated to achieve a rental income in the region of £800 per calendar month (subject to condition), offering a potential gross yield of up to 14
  • FOR SALE BY ONLINE AUCTION
  • For sale by online auction
  • Good investment potential
  • Requires only minor improvement

Description

This vacant one-bedroom apartment in the popular Sholing suburb of Southampton is an excellent investment opportunity, offering long-term security with a lease of approximately 949 years. The property requires minor improvement works and, once refurbished, is expected to achieve a rental income of £800 per month, providing a potential gross yield of up to 14.8% per annum. The apartment's location provides convenient access to Southampton City Centre and the Port, making it an attractive option for tenants. With its long lease and potential for significant rental income, this property is an attractive investment opportunity for those looking to generate a strong return on their investment.