The Moresby Tower, Ocean Way, Southampton
LE

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 %
from 223,118.00 £
Est sale value
292,032.00 £
Increased by 7.96 %
from 270,504.00 £
Average area rental value
1,204.00 £/mo
Decreased by 7.81 %
from 1,306.00 £/mo
Est letting value
936.00 £/mo
Unchanged by 0.00 %
from 936.00 £/mo
Est rental Yield
6.51 %
Decreased by 7.26 %
from 7.02 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • LetCo created the listing.

Nearby Schools

NameTypeOfstedDistance
Hope Community School SouthamptonFree Schools0.80 KM
Southampton City CollegeFurther EducationRequires improvement0.85 KM
St Mary'S Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood1.10 KM
St John'S Primary And Nursery SchoolFoundation SchoolGood1.38 KM
Fitrah Sips LtdOther Independent SchoolGood1.42 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St Lawrence Road £ 000.00 KM
Central Bridge £ 000.00 KM
Rudd Way £ 80,00000.00 KM
Central Road £ 135,00000.00 KM
Richmond Street £ 182,47500.00 KM

Nearby Transport

NameNLCTLCDistance
Woolston5925WLS1.74 KM
Southampton Central5932SOU2.64 KM
St Denys5914SDN2.93 KM
Bitterne5945BTE2.98 KM
Sholing5930SHO3.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Moresby Tower, Ocean Way, Southampton £ 300,000BUY5 / 100.00 KM
Ocean Way, Admirals Quay Ocean Way, SO14 £ 260,000BUY6 / 100.00 KM
The Moresby Tower, Southampton £ 450,000BUYUnknown0.01 KM
The Moresby Tower, Ocean Village, £ 250,000BUY5 / 100.01 KM
Ocean Way, Southampton, Hampshire £ 350,000BUY6 / 100.04 KM

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