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Spitfire Court

South East

£160,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Flat
Area
549 sqft

Description

This second-floor apartment at Spitfire Court represents a significant opportunity for renovation and investment in a sought-after waterfront location. The property features two bedrooms and offers impressive views of Southampton Water, the Itchen Bridge, and Ocean Village, making it an ideal canvas for those looking to customize their living space or attract rental interest. Accessed via a communal entrance with staircase leading up to your private door, the apartment welcomes you into a hallway equipped with an electric heating system and secure entry for peace of mind. A spacious airing cupboard provides practical storage solutions, enhancing the functionality of the layout. The expansive reception room is designed to accommodate both living and dining areas, with patio doors that lead out onto a private balcony. This outdoor space is undoubtedly a highlight, delivering breathtaking panoramic vistas of the surrounding waterway and marina — perfect for enjoying sunsets or entertaining guests. The adjacent kitchen has an open-plan design, featuring ample wall and base units along with integrated worktops that present plenty of scope for modernization. The master bedroom is generously proportioned with dual aspect windows that oversee the car park area. Meanwhile, the second bedroom serves as a cozy single room overlooking the courtyard. The bathroom comprises a classic three-piece suite equipped with panel bath, overhead shower, pedestal basin, and WC, which could benefit from contemporary updates. Located in the popular riverside suburb of Woolston, this property combines scenic waterfront living with easy access to essential amenities: - **Transport Links**: Just minutes from Bitterne railway station offering direct connections to Southampton city center. - **Road Access**: Convenient proximity to major motorways (M27/M3/A3) facilitates hassle-free commuting. - **Airport Access**: Southampton Airport is located only 20 minutes away. - **Lifestyle Benefits**: The area boasts lovely riverside walks and a vibrant community atmosphere enriched by local shops and services. With its renovation potential and strategic location, this apartment is well-positioned for both personal enjoyment and investment gains.

Investment Analysis

(SO19 area)

Below Market Value

This property is priced -4.9% below area average per sq ft

-4.9%
Potential saving
This Property
£291/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£261
Avg Yield
5.1%

Renovation Potential

Est. Renovation Cost
£16,000 - £40,000
10-25% of property value
Target Value
£185,156
10% above area average per sq ft
Potential ROI
-7.4%
After renovation
Monthly Sales
34
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (SO19)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 4.9%
5 year growth: 20.1%
Investment Disclaimer: Analysis based on SO19 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Spitfire Court
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