Milton Road, Southampton, Hampshire, SO15 2HW
Morris DibbenMorris Dibben is a trusted property specialist in the South of England, offering expert auction services alongside sales and lettings. With deep local knowledge and a commitment to excellent customer service, they help buyers and sellers navigate the property market with confidence.
Read more Read moreAn exciting investment opportunity has arisen to acquire, one of two freehold maisonettes within a detached dwelling located in the popular Polygon area of Southampton, a short walk from Southampton train station in the city centre. Both maisonettes are currently let under House of Multiple Occupation (HMO) arrangements to working professionals, offering an attractive yield with combined annual income of £37,320. Each maisonette features a spacious communal living area ideal for lounging, dining and entertaining, coupled with a well-equipped kitchen fitted with base and wall cabinetry, roll-edge work surfaces, built-in cooking appliances and provisions for a washing machine and fridge freezer. A shared shower room serves the tenants and includes a glazed shower cubicle, low-level WC, and wash basin. Sat on a generous plot with surrounding lawned gardens and driveway access via Wilton Road. This established HMO offers strong potential for expansion, development, or further enhancements, making it a unique and unmissable opportunity. The property will be sold as a pair with no onward chain through a modern method of auction, provided by I Am Sold Limited. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
