Flat for sale in Millbrook Road East, Freemantle, Southampton, Hampshire SO15

An opportunity to purchase an investment portfolio which includes 17 residential apartments across two buildings. There are 8 x two bedroom, 7 x one bedroom and 2 x studio apartments. Currently all 17 apartments are tenanted generating a rental income of around £136,320 per annum with scope for rent increases. One of the buildings contains 15 units and is purpose built, the other is a conversion containing 2 units.

An opportunity to purchase an investment portfolio which includes 17 residential apartments across two buildings. There are 8 x two bedroom, 7 x one bedroom and 2 x studio apartments. Currently all 17 apartments are tenanted generating a rental income of around £136,320 per annum with scope for rent increases. One of the buildings contains 15 units and is purpose built, the other is a conversion containing 2 units.<br /><br />

Introduction

An opportunity to purchase an investment portfolio which includes 17 residential apartments across two buildings. There are 8 x two bedroom, 7 x one bedroom and 2 x studio apartments. Currently all 17 apartments are tenanted generating a rental income of around £136,320 per annum with scope for rent increases. One of the buildings contains 15 units and is purpose built, the other is a conversion containing 2 units.

Internally

All the apartments offer fitted kitchens and bathrooms with neutral décor throughout.

Externally

There is off road parking for the residents and communal gardens for both buildings.

Location

Situated in Shirley this property offers easy access to the popular shopping area of Shirley High Street which benefits from a range of chain stores including Sainsbury's, Iceland, Wilkinson's, Lidl and a number of independent retailers. There is a range of public transport on offer including rail travel from Southampton Central Station and Millbrook train station. The M3 can be accessed through Winchester Road and Bassett Avenue and the M27 can be accessed via Millbrook Road leading onto the M271.
Southampton is an historic port city on England's south coast which offers a range of shopping and leisure facilities including Ocean Village, West Quay, the Cultural Quarter, Mayflower Theatre and the Civic Centre including the Titanic Museum.

Please Note

Photos and floorplans are representative of the varying apartments across both buildings. All 17 apartments have EPC ratings ranging between c-e.