Yieldit are pleased to offer this exciting investment opportunity which can
generate you an impressive yield in the region of 7% net from completion. This
unique maisonette is ideally positioned in the popular area of Sholing,
benefiting from its own gated entrance and enclosed outdoor space with room
for outdoor furniture which is sure to make it always stand out and be in high
demand on the rental market.
Internally, the accommodation has been beautifully modernised by the current
owner with upgrades including high specification grey goss kitchen with
integrated appliances, a sleek three - piece bathroom suite and a new gas boiler
in recent years. There are two well - proportioned double bedrooms with
wardrobes and storage and a spacious living room with fireplace, space for
dining furniture and three separate windows providing a lovely light and airy
feel throughout.
Southampton is an excellent location to invest, being the UK’s second - largest
container port and a major port for vehicle exports too, it plays an important
part in the country’s world trade. The port here supports around 15, 000 jobs
and contributes £1bn to the economy. The city also has a growing visitor
economy with 218, 000 inbound tourist visits a year according to Visit Britain
which contributes to the local economy, creates jobs and in turn drives the
demand for rental properties like this.
Additionally, Southampton has £250million worth of investment planned to open
up waterfront areas, provide new leisure and wellbeing facilities, create two
150 - room hotels, a cinema and casino. The plans will produce over 1000 new
jobs which will encourage demand for properties on both the rental and sales
market, so don't miss out and enquire today to find out more about this
exciting opportunity.
**Financial Breakdown**
Gross rent: £12, 240
Ground rent: £10
Service charge: £528
Net income: £11, 702
Gross yield: 7. 2%
Net yield: 6. 88%
**Important Note To Purchasers**
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general
outline only for guidance, and do not constitute any part of an offer or
contract. Neither Yieldit nor the vendor or lessor accept any responsibility
in respect of these particulars, which are not intended to be statements or
representations of fact and any intending purchaser must satisfy himself by
inspection or otherwise as to the correctness of each of the statements
contained in these particulars.
Yieldit ref: Yl - 07582

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