Romsey Road

Investment Opportunity – Romsey Road, Southampton, SO16 4JD

Asking price:  £170,000
Net  yield:  7.2%
Leasehold: 900 years
Current Rental Income:  £1150.00pcm
Current Service Charges: £1,440 per annum includes ground rent

Overview

This flat is a spacious first-floor apartment extending to approximately 427 sq ft, located within the well-established Compass Point development.
The property is well laid out and designed for practical, low-maintenance living, making it particularly appealing to professional tenants.
Key features include:

• First-floor apartment
• Approx. 427 sq ft of internal accommodation
• Spacious open-plan living area
• Modern fitted kitchen
• Contemporary bathroom suite
• One allocated parking space
• Secure communal areas
• EPC Rating: D (67)

The apartment is presented in good condition and is ideal for investors seeking a straightforward, income-producing asset.

Investment Highlights

• Attractive net yield of 7.2% at the guide price
• Established rental income of £13,800 per annum
• Service charge included within the stated £1,440, offering cost transparency
• Long lease of approximately 900 years, ensuring long-term security
• High tenant demand driven by proximity to the hospital and university
• Allocated parking space, enhancing tenant appeal
• First-floor position within a popular, well-managed development
• Ideal for both new and experienced buy-to-let investors

Property Description

The accommodation represents a high-yielding, income-generating investment with immediate returns, strong tenant appeal, and long-term lease security. Opportunities offering this combination of yield and location are increasingly rare.  With net yields over 7%, this property represents long-term, low-risk income in a desirable area close to Southampton General Hospital and the University of Southampton, ideal for investors seeking security and stability.  Early viewing recommended for serious investors.

Location & Connectivity

Compass Point is ideally positioned on Romsey Road, one of Southampton’s main arterial routes, offering excellent connectivity and sustained tenant demand.

• Southampton General Hospital is within close proximity, making the property particularly attractive to healthcare professionals
• University of Southampton easily accessible, supporting strong rental demand from staff and postgraduates
• Southampton City Centre is readily reached by road or regular bus services
• M27 motorway access nearby, providing convenient links to Portsmouth, Winchester, and the wider South Coast
• Well-served by frequent public transport, with bus routes along Romsey Road connecting to key employment hubs
• Local shops, supermarkets, and everyday amenities are all within easy reach

This combination of strategic location, transport links, and major employment centres underpins consistent rental demand and long-term investment appeal.

Summary

Compass Point represents a high-yielding, turnkey investment opportunity offered at a guide price of £170,000. The property is currently income producing at £13,800 per annum, delivering an attractive net yield of 7.2%.  Set on the first floor and extending to approximately 427 sq ft, the apartment benefits from a 900-year lease, allocated parking, and a well-connected location close to Southampton General Hospital, ensuring strong and consistent tenant demand. With transparent costs and immediate returns, this property is ideally suited to investors seeking a secure, low-maintenance addition to their portfolio.

LET PURE INVESTOR TAKE THE STRAIN AWAY …..

We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.

• Fully managed lettings and property management service
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• One team, one fee across your full portfolio
• Rental income protection available
• Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: 0161 337 3890 to find out more

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