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Picture No. 16
For saleReduced 11 Jul 2026
£120,000

Hanover Buildings, Southampton, Hampshire, SO14 1JX

1bedroom
1bathroom
Apartmenttype
710sq ft
Leaseholdtenure

Listed 14 Nov 2025 · price reduced 11 Jul 2026 · Southampton

How the price compares

This home£120,000£169 per sq ft
Median 1 bed in SO14£140k19 homes listed · £199 per sq ft
Difference-14%below the area median

Key features

  • FANTASTIC INVESTMENT OPPORTUNITY/FIRST TIME PURCHASE
  • CURRENTLY LET OUT AT £950 PCM
  • FIRST FLOOR
  • PRIVATE OUTDOOR TERRACE
  • OPEN PLAN LIVING/KITCHEN
  • DOUBLE BEDROOM
  • BATHROOM
  • FIRST COME FIRST PARKING
  • NO FORWARD CHAIN

About this home

Exceptional Investment Opportunity – Two Fully Let Flats Producing Approx. 9% Gross Yield A rare opportunity to acquire two fully tenanted investment flats, offering an immediate income stream and an approximate 9% gross rental yield. Situated in an area benefiting from significant regeneration, this investment combines excellent current returns with strong prospects for future capital growth. Investment Summary Flat 14A – One Bedroom Guide Price: £120,000 Current Rental Income: £11,400 per annum Flat 15A – Two Bedroom Guide Price: £150,000 Current Rental Income: £12,000 per annum Combined Investment: Purchase Price: £270,000 Current Annual Rental Income: £23,400 Approximate Gross Yield: 9% The surrounding area is undergoing extensive regeneration and investment, with continued improvements expected to drive demand and support future property value growth. This combination of strong rental performance and excellent long-term prospects makes these flats an ideal addition to any investment portfolio. Whether you are an experienced investor or looking to make your next buy-to-let acquisition, opportunities offering this level of income and growth potential are increasingly difficult to find. Early enquiries are strongly recommended. Contact us today for further or to arrang a viewing

Property details

Property type
Apartment
Size
710 sq ft / 66 sq m
Council tax band
B
Tenure
Leasehold
Lease remaining
0 years left
Parking
Yes

Floorplan

Picture No. 15

Location

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1 on this map

  • Southampton Central Station0.6 mi
  • Woolston Station1.1 mi
  • St. Denys Station1.4 mi

What nearby homes sold for

Median sold prices in SO14 over the last 12 months: flat £185k · terraced £252k · semi-detached £380k · detached £375k.

AddressTypeSoldPrice
Flat 10, 21 - 22, Hanover Buildings
Southampton SO14 1JU		Flat
Leasehold		26 Aug 2025£225,000
1 - 2, Hanover Buildings
Southampton SO14 1JW		Other
Freehold		7 Jun 2024£590,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in SO14

Buying costs

Monthly repayment£600£12,000 deposit · £108,000 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Leaders Waterside Properties Sales, Ocean Village on Rightmove (original listing). First listed 14 Nov 2025; details checked 7 Nov 2026. Latest change: reduced on 11/07/2026.

Agent disclaimer

Disclaimer - Property reference OCV250082. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Leaders Waterside Properties Sales, Ocean Village. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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