The Moresby Tower, Ocean Way, Southampton
By LetCo
£ 300,000
Reviews
2 out of 5 stars
LetCo says ..
** ATTENTION BUY-TO-LET INVESTORS - TWO BEDROOM APARTMENT WITH MARINA VIEWS CURRENTLY TENANTED AND ACHIEVING £18,000 PA - SOLD WITH TENANTS IN SITU **
Property Oracle says ..
This two-bedroom, two-bathroom apartment in Southampton’s Ocean Village offers a modern living experience with marina views. Located in The Moresby Tower, the property boasts a contemporary design and appears to be in excellent condition, ready for immediate occupancy. The apartment’s location within Ocean Village provides access to waterfront amenities and is relatively close to Southampton city center and various transport links including train stations. Nearby schools are also accessible although the property description is vague regarding specific views and some features. The listing also highlights its buy-to-let potential, suggesting a strong rental market in the area. However, further investigation is needed regarding specific square footage data of the property and the overall price per sq ft to determine the true value for money. The lack of information regarding the property’s specific floor number and balcony size does impact the ability to fully assess the value. More information on the condition of the building, including any potential service charges or ground rent is necessary. Overall, this apartment presents a potentially attractive proposition for both owner-occupiers and investors, though further due diligence is advised to fully determine its market value.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 936.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 222,098.00 £Decreased by 0.46 %
- Est sale value
- 292,032.00 £Increased by 7.96 %
- Average area rental value
- 1,204.00 £/moDecreased by 7.81 %
- Est letting value
- 936.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.51 %Decreased by 7.26 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
LetCo created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hope Community School Southampton | Free Schools | 0.80 KM | |
| Southampton City College | Further Education | Requires improvement | 0.85 KM |
| St Mary'S Church Of England Voluntary Controlled Primary School | Voluntary Controlled School | Good | 1.10 KM |
| St John'S Primary And Nursery School | Foundation School | Good | 1.38 KM |
| Fitrah Sips Ltd | Other Independent School | Good | 1.42 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St Lawrence Road | £ 0 | 0 | 0.00 KM |
| Central Bridge | £ 0 | 0 | 0.00 KM |
| Rudd Way | £ 80,000 | 0 | 0.00 KM |
| Central Road | £ 135,000 | 0 | 0.00 KM |
| Richmond Street | £ 182,475 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Woolston | 5925 | WLS | 1.74 KM |
| Southampton Central | 5932 | SOU | 2.64 KM |
| St Denys | 5914 | SDN | 2.93 KM |
| Bitterne | 5945 | BTE | 2.98 KM |
| Sholing | 5930 | SHO | 3.06 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Moresby Tower, Ocean Way, Southampton | £ 300,000 | BUY | 5 / 10 | 0.00 KM |
| Ocean Way, Admirals Quay Ocean Way, SO14 | £ 260,000 | BUY | 6 / 10 | 0.00 KM |
| The Moresby Tower, Southampton | £ 450,000 | BUY | Unknown | 0.01 KM |
| The Moresby Tower, Ocean Village, | £ 250,000 | BUY | 5 / 10 | 0.01 KM |
| Ocean Way, Southampton, Hampshire | £ 350,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 226 The Blake Building | £ 148,000 | 0.10 KM |
| 189 The Blake Building | £ 150,000 | 0.10 KM |
| 143 Albert Road South | £ 275,000 | 0.18 KM |
| 20 Atlantic Close | £ 132,500 | 0.30 KM |
| 29 Atlantic Close | £ 230,000 | 0.30 KM |