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2 Bed Flat For Sale Denyer Walk, Southampton, SO19

£249,950- Flat

Yield: 4.3%
1 of 9
Yield: 4.3%
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  • Rental Guide: £715 - £895
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
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Key Features

  • Tenure: Leasehold
  • Fully Fitted Kitchen
  • En-suite To Master Bedroom
  • Double Glazing
  • Balcony
  • Parking
  • Near Local Amenities
  • Close To Railway Station
  • Near To Bus Stop
  • Close To Transport Links
Last Updated: 21st March 2020

Description

Knights Porter we are excited to announce this beautiful second floor two bedroom apartment in Fairbourne Court, Centenary Quay. This property offers an open living/kitchen area with a balcony, fully integrated kitchen, master bedroom with ensuite, modern living, gas central heating, double glazing and parking. The on going development has many day to day needs covered from; a coffee shop, beauty salon, gym, visitor parking, supermarket close by and it is close to main bus links. Currently tenanted this would make a great investment, or on the other hand can be vacant possession creating no forward chain so perfect for first time buyers or a family. The property comprises as follows:

Entrance Hall – Laminate flooring, inset lights, double door storage cupboard with room for washer/dryer, doors leading to all rooms.

Living/Kitchen area (11’2’X23’6’)
Laminate flooring, inset lights, balcony through double glazed patio doors, kitchen has integrated appliances including; fridge/freezer, washing machine, oven/hob and sink and drainer. Ample base and eye height kitchen cupboards.

Master Bedroom (10’4’X17’5’)
Carpeted, built in double wardrobe, double glazed window from floor to ceiling, wall mounted radiator.

Ensuite
Laminate flooring, inset lights, shower with beige tiles inside and surrounding the wash basin and WC, tall wall mounted radiator.

Second Bedroom (9’1’X12’)
Carpeted, double glazed window from floor to ceiling, wall mounted radiator.

Bathroom – Laminate flooring, inset lights, bath and over head shower with beige tiles inside and surrounding the wash basin and WC, tall wall mounted radiator.

Ground rent - £250 per year
Service charges - £1600 per year (approx)
Lease - 125 years from new; balance remaining 121 years

For more information on this or similar apartments for sale in Woolston, please contact Knights Porter Southampton on[use Contact Agent Button] or via our website:
Agent Details
Knights Porter
20, Brunswick Place, Southampton, SO15 2AQ
Show Contact Number
023 8077 3998

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.
3.9

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:
£7498.5
9.1

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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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 £650 - £895 – 11 recently listed properties were found in that band. However, the highest were £1,595, £1,450, £1,350.

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