Tenure: Leasehold
Looking for a property that provides great accommodation in a great area? Then don't miss this wonderful two bedroom apartment located in a modern development on Hill Lane, close to Archers Road. Currently tenanted at an annual rent of £13,200, providing a gross yield of 6.6%, it will make an ideal investment buy or would equally suit a residential purchaser.
Located on the ground floor to the rear of this purpose built development, the property provides a wonderful place to make a very comfortable home. There is a spacious living room which is bright and airy with patio doors out to its own patio facing the communal gardens. The other end of the living room leads onto a modern fitted kitchen which comes with an electric oven, gas hob, integrated fridge freezer and washing machine plus an abundance of worktop & cupboard space. This open plan arrangement suits both family life, with space to dine and relax after a hard day's work, or enjoy socialising with friends and family. There are two good sized double bedrooms - the main bedroom has a modern ensuite shower room. Completing the accommodation is the large family bathroom with shower over bath arrangement.
Parking is provided with one allocated parking and the location offers good public transport links to Southampton University, the General Hospital and the City Centre. Within walking distance are the Central train station and Southampton Common where you can enjoy a relaxing walk or more strenuous keep fit activities. There are excellent local amenities closeby with shops on Archers Road and in Bedford Place along with a good choice of coffee shops, restaurants and bars.
The property is currently tenanted at an annual rent of £13,200. It has been successfully rented out for the past number of years as the location and accommodation have proven very popular with tenants. Equally the flat would make a great buy for a residential purchaser looking for a first home or downsizing.
PRACTICALITIES:
Title: Leasehold - 125 from 1st October 2005
No Chain
Service charge: Current £1575.51 p.a.
Ground rent: £150 p.a.
EPC Rating: C (75)
Council Tax Band: C (£1,917.33 for 2024/25)
The property is currently tenanted with an annual rent of £13,200 and on a monthly periodic basis.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
EPC rating: C. Council tax band: C, Domestic rates: £1917.33, Tenure: Leasehold, Annual ground rent: £150, Annual service charge: £1575.51, Length of lease (remaining): 105 years 11 months,