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3 bed property, in Premier Parade, £225,000
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3 bed end of terrace house

Premier Parade, Forest Hills Drive, Southampton, Hampshire SO18
Auction
£225,000

Our Summary

  • Freehold Mixed Use Investment Opportunity
  • Overall, this is a solid, income-producing investment with scope for future rental growth and long-term capital appreciation
  • Auctioneer Comments: This property is for sale by the Modern Method of Auction

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Description

The property is a freehold mixed-use investment in a well-established neighbourhood parade. It comprises a ground floor commercial unit occupied by a nail bar and a spacious three-bedroom split-level maisonette above. The commercial unit has a separate entrance and generates a rental income of £650 per month, while the maisonette has a let at £1,050 per month.

The property also features a garage, off-road parking for two vehicles, and independent access to the maisonette. The location benefits from local amenities, reputable schools, and convenient access to Southampton city centre. The property is arranged over two floors, including the ground floor commercial unit and the split-level maisonette.