Worst House on the Street Logo
Bassett, Southampton - Image 1
Bassett, Southampton - Image 2
Bassett, Southampton - Image 3
Bassett, Southampton - Image 4
Bassett, Southampton - Image 5
Bassett, Southampton - Image 6
Bassett, Southampton - Image 7
Bassett, Southampton - Image 8
Bassett, Southampton - Image 9
Bassett, Southampton - Image 10
Bassett, Southampton - Image 11

Bassett, Southampton

South East

£160,000
Listed on 13/11/2025

Property Details

Bedrooms
2
Type
Flat
Area
797 sqft

Description

Perched on the eighth floor, this two-bedroom apartment offers captivating views that sweep across Southampton Docks and the New Forest. Each room benefits from a desirable south or east-facing orientation, allowing for abundant natural light throughout the day. The property is equipped with a garage that includes electricity—a valuable asset in this location. While the apartment is functional as-is, it presents an excellent opportunity for renovation and personalization. The spacious hallway features two storage cupboards, providing practical space for organization. The living room serves as a focal point of the home, showcasing access to a south-facing balcony that invites outdoor relaxation while taking in views of the city. Both bedrooms are generously sized doubles, each with their own window offering eastern vistas. The galley-style kitchen comes with ample wall and base cupboards along with a pantry, presenting a solid foundation for modern updates. A bathroom with separate w.c. rounds out the living spaces. The building itself is well-appointed, featuring a secure entry system and lift access to all floors for convenience. Additionally, prospective buyers can appreciate the lack of chain in this sale, which streamlines the buying process. This property is situated in an area that not only boasts stunning views but also offers significant investment potential due to its location and the demand for revitalized apartments in the vicinity. With some modernization efforts, this could become a highly desirable residence or rental property. An internal viewing is recommended to fully grasp its potential and distinctive position within the neighborhood.

Investment Analysis

(SO16 area)

Below Market Value

This property is priced -37.1% below area average per sq ft

-37.1%
Potential saving
This Property
£201/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£332
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£279,843
10% above area average per sq ft
Potential ROI
+47.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SO16)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -3.2%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on SO16 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

Bassett, Southampton
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£586
Based on a loan of £120,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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