Studio for sale

Thames Close, Southampton SO18

Studio Apartment Requiring Modernisation - Ideal Investment Opportunity

National Residential are pleased to present this top-floor studio apartment located in a quiet and convenient area, offering a great opportunity for first-time buyers, investors, or those looking to downsize. In need of modernisation throughout, this property presents the chance to add significant value with a personal touch.

Key Leasehold Information:
* Lease: 120 years from 1 January 1982 (78 years remaining)
* Ground Rent: £143 per annum
* Service Charge: £369 per annum
* Council Tax Band: A

Property Overview:
This studio flat comprises a combined living/sleeping area, a separate kitchen, bathroom, and a dedicated wardrobe/storage space, providing useful additional storage. The space offers potential for a creative refurbishment, perfect for anyone looking to put their own stamp on a home. Located on the top floor, the apartment benefits from plenty of natural light and offers a quiet and private living environment.

Location & Amenities:
Situated in a peaceful residential area, this property enjoys the advantages of suburban living while still being within easy reach of the bustling city centre. West End offers a range of local amenities including shops, cafes, and restaurants, while nearby Bitterne provides more extensive facilities. For outdoor lovers, Riverside Park and Itchen Valley Country Park are just a short drive away, offering beautiful green spaces for walking, cycling, and leisure activities.
The property is also well-connected with strong transport links. Southampton city centre is easily accessible by bus or car, making it a great location for commuters. Southampton Parkway railway station, which offers direct routes to London, is within easy reach, and the nearby M27 motorway provides excellent connectivity to the wider region.

Why Buy in West End, Southampton?
West End is an attractive area for those seeking a balance between city convenience and suburban tranquillity. With its close proximity to Southampton city centre, good local amenities, and access to green spaces, it offers a fantastic quality of life. The strong rental demand in the area also makes this property a great investment opportunity, particularly after modernisation. Its affordability and potential for capital growth make it an excellent choice for investors looking to expand their portfolio.

Viewings & Further Information:
Take a closer look at this property by watching our online video tour. Viewings are highly recommended to appreciate the potential this studio flat offers.
For more details or to arrange a viewing, please contact our specialist sales advisor today. This is a fantastic opportunity for anyone looking to invest or create a cosy home in a desirable location.

Important Notice:
Prospective buyers are encouraged to carefully review the lease agreement terms, including any ground rent or service charge escalation clauses. Professional advice from qualified solicitors is recommended to ensure a full understanding of the lease obligations.

This property is only available for purchasers who are not in a chain.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.