One-bedroom flat | Tenant in situ | Ideal buy-to-let investment | City centre location

Welcome

This is a fantastic opportunity to purchase a one-bedroom apartment in the heart of Southampton, complete with a long-standing tenant already in place. Located in the ever-popular Oxford Heights development on Orchard Place, this modern flat would make a perfect hands-off investment for any landlord looking for immediate income and a great return.

The property is currently let at £1,100 per calendar month, with a 12-month tenancy agreement already in place, giving you peace of mind from the moment you complete.

Inside the Property

The flat offers well-balanced accommodation with a lovely open-plan kitchen/living area, a good-sized double bedroom, and a modern bathroom. Everything feels light, clean and easy to maintain – ideal for professional tenants or as part of a managed portfolio.

The building itself is purpose-built, with a secure entry system and a well-kept communal interior. It’s one of those blocks that tenants tend to stay in long-term, and this one is no exception.

Outside & Location

Oxford Heights sits just a short walk from WestQuay Shopping Centre, the Ocean Village marina, and the Southampton waterfront. Residents benefit from all the vibrancy of city life right on the doorstep – including shops, gyms, bars, restaurants, and lovely waterside walks.

There’s easy access to Southampton Central station (around 15–17 minutes on foot), and the M27 is just a few minutes’ drive away, making it ideal for professionals who commute locally or further afield.

Key Features
      1.    Long-standing tenant in place – fixed 12-month tenancy
      2.    £1,100 per month rental income already secured
      3.    Attractive gross yield of approx. 7.76% (based on £170,000 purchase price)
      4.    Modern, purpose-built apartment with secure entry
      5.    Low-maintenance and well-managed building
      6.    Superb central location – close to WestQuay and Ocean Village
      7.    Great transport links – walk to train station or quick access to the M27
      8.    Bright and spacious layout with open-plan living
      9.    Popular rental block with strong demand
      10.   Fantastic hands-off investment opportunity

Distances & Travel Links
      •     WestQuay Shopping Centre – approx. 9 mins walk
      •     Ocean Village Marina – approx. 6 mins walk
      •     Southampton Central Station – approx. 15–17 mins walk
      •     M27 (Junction 5) – approx. 1.5 miles by car
      •     University of Southampton – approx. 2.5 miles
      •     Southampton Airport – approx. 4.4 miles

Useful Information
      •     Tenure: Leasehold - 114 years
      •     Council Tax Band: A
      •     EPC Rating: C (typical for the block)
      •     Services: Mains gas, electricity, water, broadband available
      •     Service Charge & Ground Rent: Approximately 1,400 per annum

A Note from the Agent

This is a lovely little investment property – simple, reliable, and with a tenant who clearly loves living here. Whether you’re just starting out in buy-to-let or looking to add to an existing portfolio, this is a solid, well-located option that gives you income from day one.

Sourced reference: 165421325