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Mitchell House

Southampton, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: COMPLETED

Studio Apartment

£123,615.00

One Bedroom Apartment

£136,680.00

Two Bedroom Apartment

£205,000.00

  • Prices from just £123,615
  • Rental Returns from £550pcm
  • Available For Short Term Lets
  • Earn Up To 10.46% Net Yield
Purchase Process

Investment Highlights

  • Priced from just £123,615
  • Lease allows short term lets estimated NET yields of up to 10.46% on this option
  • AST rental predictions starting from £550pcm
  • Recently completed office conversion comprising 67 apartments
  • High specification units – white goods included in the purchase price
  • 10 year build warranty
  • Although there is limited car parking on site, investors can purchase annual parking permits at the nearby train station
  • Video entry system in place
  • Help to Buy options available

Investment Breakdown

  • 250 year leasehold
  • Ground rent – 0.1% of the purchase price, increasing every 10 years with RPI
  • Service charge - £435 per apartment – very low due to no communal areas
  • Help to buy scheme available

Estimated Rentals

  • Studios - £550 pcm
  • One Beds - £700 pcm
  • Two Beds - £875 pcm

Market Key Facts

  • Major international port with regular international arrivals
  • Steeped in history with various historical monuments, such as the Mayflower Monument
  • Strong educational heritage with the University of Southampton
  • Home to Cunard, P&O and Carnival Cruises

Mitchell House - Overview

Pure Investor are delighted to present Mitchell House, a recently completed development located in Eastleigh, Hampshire.

Mitchell House is a collection of 67 studio, one and two bedroom apartments situated opposite the train station with superb connections to the South Coast & London.

Mitchell House gains its name from R J Mitchell, the aeronautical engineer who worked for the Southampton aviation company Supermarine leading the team designing the iconic British single-seat fighter aircraft, the Spitfire. The Spitfire is hailed as the most famous plane of World War 2 and praised for giving the British an advantage in the Battle of Britain.

Purchase Process

  • Reserve your unit with a signed reservation form
  • Provide certified ID, proof of address and proof of funds to Pure Investor
  • Pay a £5,000 non-refundable reservation fee
  • Simultaneous exchange/completion (For buy to let finance, clients will exchange on a 30% deposit)

Mitchell House - Key Points

Location

Location

Southampton, United Kingdom

Bedrooms

Bedrooms

1 / 1 / 2 bedrooms

Price

Price

£123,615.00

Completion

Completion

Completed

Rental Yield

Rental Yield

Up To 10.46%

Development Availability

PropertySizeBedroomsPriceEnquire
Studio Apartment261 square foot1£123,615.00Enquire
One Bedroom Apartment394 square foot1£136,680.00Enquire
Two Bedroom Apartment508 square foot2£205,000.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Mitchell House - Location

Conveniently positioned between Southampton and Winchester, Eastleigh is a railway town with a rich history and superb connections. Combining a coastline which stretches along the Solent and the Hamble River and 800 acres of unspoilt countryside, the Eastleigh Borough (or Hamble Valley) is a beautiful and fulfilling place to call home.

Visit Hamble village and enjoy views from the quay or one of the three marinas, while the children try their hand at crabbing on the quayside. With a fascinating history and a number of heritage sites, it’s a world away from the hustle and bustle of the nearby cities, and a location that has been enjoyed by Jane Austen, Queen Victoria, Nelson, RJ Mitchell (who designed the spitfire and was first flown at Eastleigh airport), to name a few.

Nearby Amenities

  • Southamption Airport - 4 minute drive
  • Southampton - 16 minute drive
  • Winchester - 14 minute drive 
  • Portsmouth - 28 minute drive 
  • Bournemouth - 41 minute drive 

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Southampton

Supporting a resident population of 239,400, the Hampshire city of Southampton is another economic powerhouse. In 2019, the Centre for Economic & Business Research (CEBR) published a report stating that Southampton’s economy had been performing better than any other city on the South Coast.

Towards the end of 2019, Business Hampshire noted that “Southampton’s economy is predicted to grow by 18.5% over the next decade with employment levels expected to rise by 10%.”

Like its neighbours, Southampton has underlying strengths across a variety of sectors, and it is driving economic expansion with an ambitious programme of regeneration and inward investment.

  • Major international port with regular international arrivals
  • Steeped in history with various historical monuments, such as the Mayflower Monument
  • Strong educational heritage with the University of Southampton
  • Home to Cunard, P&O and Carnival Cruises
  • Great travel links with regular trains to London taking less than 90 minutes
  • Local airport less than 5 minutes' drive
  • Main sailing point to Isle of Wight

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 826 4606.

We look forward to hearing from you!

Pure Investor - Property Investment