This one bed flat has just come on the market. It is well located at the city end of Hill Lane and a short walk to the Central Train Station and the city core. It is located on the first floor, has been recently modernised and has parking. This location will appeal to a wide tenant pool and will let well at £650 per month. From an investment point of view you have a share of the freehold and your service charge is only £45 per month. Gross yield will be 6% and after direct property costs it will be 5.6%. Well worth a look. Full details can be found here: https://www.rightmove.co.uk/property-for-sale/property-59436765.html
This blog follows the property market in Southampton. You'll find tips, guidance, and analysis that relates specifically to Southampton and you'll also find properties from all the estate agents in the town on here that may make decent investments. I own and operate Belvoir Lettings, a Southampton Letting Agent, and if you're thinking of buying a property to let in Southampton, I'm happy to offer a second opinion.
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