House For Sale £680,000
St. Catherines Road, Bitterne Park, Southampton, Hampshire, SO18

A fantastic investment opportunity consisting of 5 separate long leasehold flats within this freehold detached dwelling in the sought-after location of Bitterne Park. Comprising a superb two-bedroom ground floor flat with its own private garden. There are four further one-bedroom flats all finished to a good standard and cleverly designed, these benefit from use of the well-maintained communal garden. Flat 5 which is located on the top floor and boasts a delightful balcony with stunning elevated views over the river Itchen and city. The property also has three parking spaces with ample on street parking nearby. These flats all have tenants in situ and achieve a combined rental of £3665 per calendar month which could be increased and currently offers a 6.47% yield.

Council Tax Band: B

Southampton is a thriving commercial port with a population in excess of 250,000 and achieved city status in 1964 due to its contribution to trade and the economy. The city centre offers an extensive range of shopping and leisure facilities ranging from small boutique outlets to major department stores including the landmark West Quay shopping mall. Restaurants, bars and cafes cater for every taste and the Cinema de lux offers the finest film viewing experience. Numerous pleasant parks together with The Common, City golf course and sports centre offer a wide range of leisure opportunities with hundreds of acres of green open space. Premier league football is played at St Marys and the Ageas Bowl is the home of Hampshire cricket hosting domestic and international matches together with live music events. The Guildhall, Mayflower and Nuffield theatres host a wide and eclectic range of plays, opera, ballet and musicals and the public art gallery in the civic centre has a famous and acclaimed collection.