This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 1st October 2021.
2 bedroom Property for sale, The Moresby Tower, Southampton, SO14
Features and Description
- Two Bedrooms
- 7th Floor Apartment
- Marina Front
- Tenants in Situ
- Rented Out for £18,000 PA
- 6% Gross Yield
- Managed by LetCo
- Ensuite to Master
- Balcony
- Underground Secure Parking
** ATTENTION BUY-TO-LET INVESTORS - TWO BEDROOM APARTMENT WITH MARINA VIEWS CURRENTLY TENANTED AND ACHIEVING £18,000 PA - SOLD WITH TENANTS IN SITU **
This neutrally decorated, two-bedroom apartment for sale, situated in the highly sought-after Ocean Village area. This apartment is ideally positioned with a marina front view and is within close proximity to local amenities, public transport links, restaurants, and bars - offered exclusively to buy-to-let investors.
The property is well-appointed throughout and offers a modern, open-plan kitchen with integrated appliances and a separate reception room with access to a private balcony, perfect for enjoying those marina views. The property features two spacious double bedrooms, one of which benefits from an en-suite and an abundance of natural light. The large family bathroom is complemented by a heated towel rail for that added touch of luxury.
Notable unique features of this property include allocated parking, a gym within the building and a concierge service for residents' peace of mind. With an EPC rating of 'B' and a council tax band 'D', this flat is both energy-efficient and cost-effective.
Currently, the property is rented out to tenants, professionally managed by LetCo, and achieves a gross yield of 6%, making it an excellent opportunity for buy to let investors. This property is on offer to buy to let investors only and is sold with the tenants in situ, meaning an instant income upon completion of the purchase.
This is a fantastic opportunity to purchase a prestigious property located in an enviable location, and we encourage a prompt enquiry to avoid disappointment.
Leasehold Information
114 Years Remaining
Ground Rent: £300 PA
Service Charge: £2700 PA
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month's rent is required. Rent is to be paid one month in advance. It is the tenant's responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
The Moresby Tower, Southampton, SO14
Additional Information
-
Property ref101586005718
Similar properties for sale by Letco Homes Head office
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
N/APotential
N/ACO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs