Residential · Flat · Leasehold

A Fourth Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £14,400 Per Annum

Flat 26 Columbus House, The Compass, Southampton, Hampshire, SO14 5BQ

Property type
Flat
Bedrooms
2
Bathrooms
2
Receptions
1
Tenure
Leasehold
EPC
B

A fourth floor two bedroom flat within a purpose-built block, held on a 125 year lease with approximately 108 years unexpired. Currently let on a periodic tenancy producing £14,400 per annum, with EPC rating B.

Leasehold with 108 years unexpired Let on periodic tenancy En-suite to master bedroom Off-street parking Close to amenities

Accommodation

  • Reception Room with Open-Plan Kitchen
  • Bedroom 1 (with En-Suite)
  • Bedroom 2
  • Bathroom

Full description

A fourth floor two bedroom flat situated within a purpose built block arranged over lower ground, raised ground and five upper floors. The property comprises a reception room with open-plan kitchen, two bedrooms (one with en-suite), and a bathroom. The property benefits from a secure dedicated parking space. The property is situated on a residential road close to local shops and amenities. The open spaces of Hoglands Park are within easy reach. Transport links are provided by Southampton Central rail station. The property is held on a leasehold basis with a 125 year lease from 1st September 2009, with approximately 108 years unexpired. The property is currently subject to a periodic tenancy at a rent of £1,200 per calendar month. EPC rating: B.

Floorplan

Floorplan for A Fourth Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £14,400 Per Annum

Financial Tools

Your estimated monthly payment
£416.87/mo
Deposit £25,000 (25%) Loan £75,000 Interest £50,062
Total cost £125,062 Total interest £50,062
Property price£100,000
Deposit25%
£25,000
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

Location

Flat 26 Columbus House, The Compass, Southampton, Hampshire, SO14 5BQ
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