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Orchard Place, Southampton, SO14 2 bed apartment for sale
Orchard Place, Southampton, SO14
£115,000
Orchard Place, Southampton, SO14
£115,000
Our Summary
- *Attention Investors* For sale by Modern Method of Auction
- Modern Method Of Auction - Auctioneers Comments:This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
- For Sale by Modern Auction – T & C’s apply
- Investment Opportunity
- The Modern Method of Auction
Description
This modern two-bedroom apartment is situated on the first floor of Orchard Place, a 2005 development located 0.3 miles from Southampton city centre. The property offers a west-facing balcony, modern bathroom and kitchen, and access to a communal roof terrace with city views. The apartment has been well-presented and features a living and dining space that can accommodate a home office setup. The two bedrooms both have fitted wardrobes and double-glazed windows. The property is accessed via secure communal entry and lift, and is within walking distance to a range of amenities, including restaurants, bars, and a convenience store. The apartment is currently tenanted until August 2025, paying £1,200 per month, and has a service charge of £2,076 per annum. The lease has 104 years remaining, and the ground rent increases over time.