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The Moresby Tower, Ocean Way, Southampton

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Two Bedrooms
  • 7th Floor Apartment
  • Marina Front
  • Tenants in Situ
  • Rented Out for £18,000 PA
  • 6% Gross Yield
  • Managed by LetCo
  • Ensuite to Master
  • Balcony
  • Underground Secure Parking

Description

** ATTENTION BUY-TO-LET INVESTORS - TWO BEDROOM APARTMENT WITH MARINA VIEWS CURRENTLY TENANTED AND ACHIEVING £18,000 PA - SOLD WITH TENANTS IN SITU **

This neutrally decorated, two-bedroom apartment for sale, situated in the highly sought-after Ocean Village area. This apartment is ideally positioned with a marina front view and is within close proximity to local amenities, public transport links, restaurants, and bars - offered exclusively to buy-to-let investors.

The property is well-appointed throughout and offers a modern, open-plan kitchen with integrated appliances and a separate reception room with access to a private balcony, perfect for enjoying those marina views. The property features two spacious double bedrooms, one of which benefits from an en-suite and an abundance of natural light. The large family bathroom is complemented by a heated towel rail for that added touch of luxury.

Notable unique features of this property include allocated parking, a gym within the building and a concierge service for residents' peace of mind. With an EPC rating of 'B' and a council tax band 'D', this flat is both energy-efficient and cost-effective.

Currently, the property is rented out to tenants, professionally managed by LetCo, and achieves a gross yield of 6%, making it an excellent opportunity for buy to let investors. This property is on offer to buy to let investors only and is sold with the tenants in situ, meaning an instant income upon completion of the purchase.

This is a fantastic opportunity to purchase a prestigious property located in an enviable location, and we encourage a prompt enquiry to avoid disappointment.

Leasehold Information
114 Years Remaining
Ground Rent: £300 PA
Service Charge: £2700 PA

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month's rent is required. Rent is to be paid one month in advance. It is the tenant's responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case. 
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Moresby Tower, Ocean Way, Southampton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Woolston Station0.7 miles
  • Southampton Central Station1.2 miles
  • Sholing Station1.2 miles
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About LetCo, covering South Coast

Unit 5 Fulcrum, 2 Solent Way, Whiteley, Fareham, PO15 7FN

LetCo is a sales, lettings and property management agent operating throughout the South Coast of England. The LetCo team prides itself on its thorough understanding of the property market as well as the ability to tailor a bespoke, high-end service to suit their clients needs.

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Disclaimer - Property reference 101586005718. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by LetCo, covering South Coast. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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