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2 Bed Apartment House For Sale Chetwynd Road, Southampton, SO16

£200,000- Apartment

Yield: 4.95%
1 of 9
Yield: 4.95%
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  • Rental Guide: £705 - £825
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Live Virtual Showing Currently Available Subject To Vendors Authority
  • Fitted Kitchen & Bathroom
  • Bright & Airy Living Area
  • Balcony
  • Garage
  • Highly Requested Location
  • Great Transport Links
  • Two Double Bedrooms
  • Book Viewings 24/7 On Our Website
  • Epc - C (77)
Last Updated: 21st March 2020

Description

Jackson Bailey are delighted to market for sale this two-bedroom first floor apartment in the highly requested area of Bassett, Southampton.

The apartment comprises: open concept living/dining area with access to the balcony, refitted kitchen, a large utility room, the bathroom & two large double bedrooms with the master benefitting from a built in wardrobe. The property comes with a garage & there is communal parking. The property is light & airy throughout and has been kept to the highest of standards.

The location boasts: convenient transport links including access to the M27, M3 and mainline train station, superstore shopping and entertainment facilities at the West Quay shopping complex, a number of bars and restaurants found on London Road, bowling and multi-screen cinema. This lifestyle driven city is the perfect place for commuters, local professionals or investors.

An internal viewing is recommended to appreciate the location and accommodation on offer.
Agent Details
Jackson Bailey Ltd
Botley Mills, Botley, SO30 2GB
Show Contact Number
01489 854 101

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
4.6

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£6000
9.5

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
5

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
2 bedroom properties in close proximity are mostly listed £705 - £825 – 8 recently listed properties were found in that band. However, the highest were £1,150, £950, £950.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested