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Andersons Road, Southampton - Image 1
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Andersons Road, Southampton - Image 5

Andersons Road, Southampton

South East

£85,000
Listed on 03/11/2025

Property Details

Bedrooms
1
Type
Detached house
Area
398 sqft

Description

This spacious one-bedroom split-level mezzanine apartment is situated in the historic Grade II listed City Annex, formerly an Edwardian school, and located in the vibrant heart of Southampton City Centre, just a short stroll from Ocean Village. The combination of character and prime location makes this property a compelling opportunity for potential renovation or investment. The layout features a welcoming entrance hall that leads into a generous open-plan living and dining area, enhanced by large front-facing windows that allow ample natural light to flood the space. The high ceilings create an airy atmosphere, making it an inviting environment for both relaxation and entertaining. The kitchen, located beneath the mezzanine level, includes essential modern amenities such as built-in appliances, wall and base units with roll-edge worktops, along with dining space. Ascending to the mezzanine level reveals a private bedroom area that offers an intimate retreat. The shower room is functional and includes all necessary fixtures including a shower enclosure and heated towel rail. Outside, residents can take advantage of well-maintained communal grounds alongside secure bicycle storage facilities. Parking options include pay-and-display or long-term permits, with free street parking available within walking distance. Positioned near Ocean Village Marina, this apartment benefits from proximity to numerous bars, restaurants, and leisure facilities. Additionally, it is conveniently located close to major transport links including Southampton Central Train Station and local bus routes. The bustling Westquay Shopping Centre is also nearby, as well as Southampton Solent University. This property provides not only immediate living space but also substantial potential for enhancement or rental income given its desirable location. Whether you are looking to invest or seek a unique residence in the city center with character-filled spaces, this apartment holds considerable promise. With 105 years remaining on the leasehold tenure and council tax band A status, prospective buyers will find this property appealing for both habitation and investment purposes. Viewing is encouraged to fully appreciate its potential.

Investment Analysis

(SO14 area)

Below Market Value

This property is priced -24.6% below area average per sq ft

-24.6%
Potential saving
This Property
£214/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£344
Avg Yield
8.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £15,000
Target Value
£123,985
10% above area average per sq ft
Potential ROI
+24.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SO14)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.8%
5 year growth: 6.6%
Investment Disclaimer: Analysis based on SO14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Andersons Road, Southampton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£311
Based on a loan of £63,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE