Log In/Sign up
Your email has been sent.
100-102 East St Apartment Building £2,250,000 7% Net Initial Yield Southampton SO14 3HH
Investment Highlights
- City Centre Location adjacent to the Redevelopment of the Bargate Centre, the proposed former Debenhams redevelopment
- East Street itself comprises a mixture of multiple retailers as well as independent retailers.
- Planning Permission was granted on the 16th May 2013 for the conversion of the mezzanine floor into six self contained flats comprising 3No 3 rooms.
- The property occupies a prominent position on Queensway in central Southampton, immediately opposite the former Debenhams building
- The building was built (completed) in 2005 as two large retail units arranged over ground and mezzanine floors with eighteen flats above.
Executive Summary
Tenure
Freehold
Price
The freehold investment is available at a price of £2,250,000 subject to contract and exclusive of VAT, which equates to a net initial yield of approximately 7% after assuming normal purchasers costs.
Freehold
Price
The freehold investment is available at a price of £2,250,000 subject to contract and exclusive of VAT, which equates to a net initial yield of approximately 7% after assuming normal purchasers costs.
Property Facts
| Price | £2,250,000 | Costar Property Class | B |
| Sale Type | Investment | Total Plot Size | 0.02 ac |
| Yield | 7% | Property Size | 7,690 sq ft |
| Tenure | Freehold | No. Floors | 5 |
| Property Type | Build-to-Rent | Year Built/Renovated | 2005/2013 |
| Property Subtype | Apartment |
| Price | £2,250,000 |
| Sale Type | Investment |
| Yield | 7% |
| Tenure | Freehold |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Costar Property Class | B |
| Total Plot Size | 0.02 ac |
| Property Size | 7,690 sq ft |
| No. Floors | 5 |
| Year Built/Renovated | 2005/2013 |
1 1
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
100-102 East St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.