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Africa Drive

Marchwood, Southampton

3 Bedrooms

1 Bathroom

Maisonette

Price: £220,000
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Price: £220,000
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Property Details

Key features

  • THREE BEDROOMS
  • MAISONETTE SPLIT OVER TWO LEVELS
  • PARKING FOR UP TO TWO CARS
  • PRIVATE REAR GARDEN
  • KITCHEN DINER
  • SPACIOUS RECEPTION ROOM
  • 107 YEARS REMAINING ON LEASE
  • APPROX MONTHLY RENTAL £900 PER MONTH 5% YIELD

Council Tax Band: A

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 107 years
  • Annual service charge: £1,839
  • Annual ground rent: £0
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

This inviting residence features a spacious lounge with French doors to the private garden, a well-appointed kitchen and three bedrooms. Enjoy the convenience of a bathroom, cloakroom, and allocated parking. Benefit from a 107 year lease term. Ideal first time purchase or buy to let.

Nestled in the serene locale of Africa Drive, Marchwood, Southampton, discover the epitome of modern living at this inviting residence, boasting a wealth of features designed to enhance your lifestyle.

Benefit from the assurance of a 125-year lease from 2006, coupled with the convenience of Council Tax Band A and a competitive service charge. Whether you're seeking an ideal first-time buy or a lucrative buy-to-let investment, this property presents a compelling opportunity, with an approximate rental income of £900 per calendar month, yielding an approximate 5% return.



Location
Conveniently situated in Marchwood, residents benefit from easy access to a range of local amenities, including Marchwood Junior School and Little Gardens Nursery for educational needs. For leisure, explore the nearby local pubs or indulge in outdoor activities at the recreational grounds. Excellent transport links via bus services and the M27 motorway ensure seamless connectivity to Southampton city centre, the coast, and the stunning landscapes of the New Forest, all within a short commute. Whether you're enjoying coastal adventures or exploring he vibrant city life, Marchwood offers the perfect balance of convenience and tranquility.

Entrance Hall
Step into a welcoming entrance hall, offering access to both upper and lower level rooms, ensuring seamless transitions throughout the home.

Lounge
15' 6" max x 12' 10" max ( 4.72m max x 3.91m max )
Entertain in style within the spacious lounge featuring double glazed French doors leading to the private rear garden. Enjoy the comfort of wood laminate flooring, complemented by convenient amenities such as television and telephone points, along with a radiator for optimal comfort.



Kitchen
10' 2" x 9' ( 3.10m x 2.74m )
Experience culinary delight in the well-appointed kitchen, equipped with a comprehensive range of wall, base, and drawer units, providing ample storage space. Enhancing functionality, the kitchen boasts integrated appliances including an oven and gas hob, while the stainless steel sink and mixer tap add a touch of elegance to the space.

Landing
Large built in cupboard and stairs decending to the lower level.

Bedroom One
15' 6" max x 9' 2" max ( 4.72m max x 2.79m max )
Bedroom One features double glazed windows allowing natural light to flood the space, accompanied by a built-in wardrobe for added convenience.

Bedroom Two
12' x 9' ( 3.66m x 2.74m )
Bedroom Two showcasing a built-in cupboard housing the combination boiler, ensuring efficient heating throughout the home.

Bedroom Three
12' x 6' 2" ( 3.66m x 1.88m )
Double glazed window to rear aspect, built in storage and floor laid to carpet.

Bathroom
Indulge in relaxation within the well-appointed bathroom, complete with a bath, hand wash basin, and wood laminate flooring.

Cloakroom
Additionally, a cloakroom housing a WC adds practicality to the home.



Outside


Front
The front of the property features a shed built into the building, providing additional storage space, along with an allocated parking space for added convenience.

Rear Garden
Unwind amidst the tranquility of the private enclosed rear garden, perfect for outdoor gatherings or simply enjoying a moment of serenity.

This inviting residence features a spacious lounge with French doors to the private garden, a well-appointed kitchen and three bedrooms. Enjoy the convenience of a bathroom, cloakroom, and allocated parking. Benefit from a 107 year lease term. Ideal first time purchase or buy to let.

Nestled in the serene locale of Africa Drive, Marchwood, Southampton, discover the epitome of modern living at this inviting residence, boasting a wealth of features designed to enhance your lifestyle.

Benefit from the assurance of a 125-year lease from 2006, coupled with the convenience of Council Tax Band A and a competitive service charge. Whether you're seeking an ideal first-time buy or a lucrative buy-to-let investment, this property presents a compelling opportunity, with an approximate rental income of £900 per calendar month, yielding an approximate 5% return.



Location
Conveniently situated in Marchwood, residents benefit from easy access to a range of local amenities, including Marchwood Junior School and Little Gardens Nursery for educational needs. For leisure, explore the nearby local pubs or indulge in outdoor activities at the recreational grounds. Excellent transport links via bus services and the M27 motorway ensure seamless connectivity to Southampton city centre, the coast, and the stunning landscapes of the New Forest, all within a short commute. Whether you're enjoying coastal adventures or exploring he vibrant city life, Marchwood offers the perfect balance of convenience and tranquility.

Entrance Hall
Step into a welcoming entrance hall, offering access to both upper...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.