1/10
£150,000
Flat · 2 beds · 1 bath
Hanover Buildings, Southampton, SO14
1/11
1/11
1 bed flat for sale Hanover Buildings, Southampton, SO14
Asking price
£120,000
Added on 23/09/2026
Added on 23/09/2026
- Type
- Flat
- Bedrooms
- 1
- Bathrooms
- 1
- Tenure
- Ask agent
Council tax Band B £1,852 a year
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 property
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.
Floorplan
Council tax
Band B £1,852 a year
Per year
- Band A£1,588
- Band BThis home: £1,852
- Band C£2,117
- Band D£2,381
- Band E£2,911
- Band F£3,440
- Band G£3,969
- Band H£4,763
This home is in band B, which costs £1,852 a year in Southampton for 2026/27.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Southampton, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.
Price guide
100 comparables · within 0.9 milesCheaper than 74% of the 1-bed flats for sale nearby right now.
This home, £120,000 Median £140,000 · £100,000 – £180,500
Compared with 100 1-bed flats for sale within 0.9 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.
Location
Hanover Buildings, Southampton, SO14
Mortgage and stamp duty
Property price £120,000
£60k £180k
Deposit10% £12,000
£0 £120k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £108,000 mortgage. Most lenders would want a household income of about £24,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 9, Hanover Buildings Flat / maisonette | Flat / maisonette | Feb 2003 | 936 sq ft £101/sq ft | 936 sq ft | £101 | £95,000 |
| 8, Hanover Buildings Flat / maisonette · new build | Flat / maisonette · new build | Feb 2003 | 743 sq ft £128/sq ft | 743 sq ft | £128 | £95,000 |
| 10, Hanover Buildings Flat / maisonette | Flat / maisonette | Feb 2003 | 689 sq ft £138/sq ft | 689 sq ft | £138 | £95,000 |
| 13, Hanover Buildings Flat / maisonette | Flat / maisonette | Feb 2003 | 689 sq ft £94/sq ft | 689 sq ft | £94 | £65,000 |
| 11, Hanover Buildings Flat / maisonette | Flat / maisonette | Feb 2003 | 689 sq ft £138/sq ft | 689 sq ft | £138 | £95,000 |
| 12, Hanover Buildings Flat / maisonette | Flat / maisonette | Feb 2003 | 689 sq ft £138/sq ft | 689 sq ft | £138 | £95,000 |
Area insights
The neighbourhood around this property.
Marketed by
Leaders, Ocean Village Marina
Unit 8, The Blake Building Ocean Way, Ocean Village, Southampton, Hampshire More properties from this branchSimilar properties nearby
See all
