Flat / Apartment

Romsey Road, Southampton

Full Details

INTRODUCTION FOR SALE BY ONLINE AUCTION: terms and conditions apply.We are pleased to offer to auction this huge investment portfolio, excellently located on a prominent corner position on Romsey Road, Shirley, Southampton. The property comprises a 3,472sqft retail unit to the ground floor, with twelve residential apartments, Ten two bedroom and two one bedroom to the first and second floors. Currently, the retail unit and ten out of twelve apartments are tenanted, generating a rental income of £108,300 per annum (with potential for roughly £125,000pa when fully let).



EXTERNALLY There is a security entry phone system, reception hall with post boxes and rear parking area

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 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.

Price:

£1,600,000

Details:

22 Bedrooms
12 Bathrooms
12 Receptions

Key Features:

  • APARTMENT BLOCK FOR SALE
  • FANTASTIC INVESTMENT OPPORTUNITY
  • CURRANT ANNUAL INCOME OF £108,300
  • FREEHOLD TITLE
  • 3472 SQFT RETAIL UNIT ON GROUND FLOOR
  • TEN TWO BED AND TWO ONE BEDROOM APARTMENTS
  • CLOSE TO ALL LOCAL AMENITIES
  • CALL TO VIEW NOW

Information:

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