21, 23 & 25 Northam Road, Southampton, Hampshire, SO14

This auction lot presents a unique investment opportunity featuring three commercial units alongside thirteen self-contained residential units, with significant potential for renovation and income generation. Of the residential spaces, two are currently tenanted under Assured Shorthold Tenancies, while three others operate under a Residential Property Letting Agreement. The remaining two residential units have long leasehold interests, adding to the property's diverse rental portfolio. Notably, six of the residential units remain vacant, including three that are described as derelict, offering a blank canvas for refurbishment. The freehold status of 21 Northam Road enhances the investment value, particularly since the secured chargeholder is prepared to sell the lot free from existing leases on vacated properties. With completion possible within six weeks, this property is ideally suited for investors looking to capitalize on Southampton's rental market. Located conveniently near local shops and amenities in Southampton city centre and just a short distance from Southampton Central station and major roadways such as the M27 and M271, this property enjoys both accessibility and potential growth in value with appropriate renovations.