Offers over
£90,000
1 bed flat for sale71 Wessex Court, Southampton SO19
1 bed
1 bath
EPC Rating: C
Just added
Leasehold
About this property
Vacant Possession
8.5% Rental Yield
Estimated Rental Income of £950 pcm
Popular Southampton Location
Ground Rent £0
Service Charge £157.50 pcm
Years On Lease - 88
A vacant investment opportunity situated within a popular residential area of Southampton, offering investors the potential to achieve a strong rental return in an area with consistent tenant demand.
Priced competitively, the property presents an excellent opportunity to generate an estimated rental income of around £950 pcm, equating to a projected yield of approximately 8%. With comparable rental properties in the local area achieving similar figures!
Presented in good, low-maintenance condition with no major works required, this is an ideal turnkey addition to any portfolio.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
Priced competitively, the property presents an excellent opportunity to generate an estimated rental income of around £950 pcm, equating to a projected yield of approximately 8%. With comparable rental properties in the local area achieving similar figures!
Presented in good, low-maintenance condition with no major works required, this is an ideal turnkey addition to any portfolio.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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Monthly repayment
£450 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (88 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review



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