Craven Street, Southampton SO14 2 bed flat for sale

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Craven Street, Southampton SO14 2 bed flat for sale

Craven Street, Southampton, Hampshire, SO14
£125,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Southampton offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features 2 bedrooms, a bathroom, modern lounge, kitchen, and driveway, and is currently generating an annual gross income of £8,340. However, with the new owner, the potential rental income could be increased to £10,500 by taking advantage of the current tenant's long-term lease. The tenants, who have been in the property for several years, have a consistent payment history and intend to remain in the property, making this a worthwhile addition to an investor's portfolio.