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3 The Triangle, Cobden Avenue, SOUTHAMPTON, Hampshire, SO18 1FZ
Marketed by:
Barnard Marcus
Sovereign House, 361 King St, London W6 9NA, UK
020 8741 9990
Flat Investment, Southampton
3 The Triangle, Cobden Avenue, SOUTHAMPTON, Hampshire, SO18 1FZ
For Sale
£140,000+
Key Features
Flat
Published rental income approximately £14,300 per annum
Freehold
Garden
Description
Freehold interest to include two storey commercial unit Commercial unit let – rent reserved £14,300 PA Residential above sold off with ground rent of £120 PA Tenure Freehold Lease Details The 2 flats above have been sold off on the following leases: 3c The Triangle – Lease dated 29th September 1989 for 99 years from 24th June 1989 with a current ground rent of £120 pa (rising to £250 pa throughout the term of the lease). 3b The Triangle – Lease dated 26th January 2018 for 189 years from 24th June 1989 with a peppercorn ground rent. Location The property forms part of Bitterne Triangle, which is the hub of the Bitterne Park community, offering a number of independent and national retailers. This well-established commercial parade is ideally placed for trade and close to local amenities, with the nearby River Itchen and travel network routes to the city centre and surrounding areas. Description This freehold interest includes a two storey commercial property offering a comprehensive leve
Location
Property located at 3 The Triangle, Cobden Avenue, SOUTHAMPTON, Hampshire, SO18 1FZ.
Investment Analysis
Investment Snapshot
Guide Price | £140,000+ |
Tenure | Freehold |
Property Type | Residential, Investment, Tenanted |
EPC | Not stated |
Published Rent | £14,300 pa |
Initial Refurbishment Allowance | £5,000–£10,000 |
Suggested Strategy | Long-Term Buy-to-Let |
Gross Yield on Guide | 10.2% |
Property & Refurbishment
Initial feasibility allowance: £5,000–£10,000. This is not a contractor quotation and should be confirmed following inspection and detailed scope.
Rental Analysis
The auctioneer-published rent identified in the source is approximately £14,300 per annum.
GDV / Resale Analysis
No independent RICS/Land Registry comparable valuation has been inserted solely from the scraped auction data. End value should be confirmed against recent genuinely comparable transactions before bidding.
Properties Sold Within Approx. 5 Miles
No independently verified sold comparables are inserted from the auction scrape alone. Confirm recent Land Registry/RICS comparable evidence before relying on a GDV.
Investor Risks & Due Diligence
Review the full legal pack and title before bidding
Confirm all auction administration / contract charges
Verify property condition and obtain appropriate surveys
Confirm refurbishment costs with contractor quotations
Verify tenancy documents, rent history and deposit compliance
Recommendation
Preferred strategy: Long-Term Buy-to-Let. This recommendation is an initial appraisal based on the auctioneer's published property information and should be tested against the legal pack, inspection, finance and local market evidence.
Strategy Rating
Buy-to-Let: ★★★★☆
BRRR: ★★★☆☆
Flip: ★★★☆☆
Auction Details :
Barnard Marcus
Auction Date :
10/09/26
Lot Number :
161
Property Location:
3 The Triangle, Cobden Avenue, SOUTHAMPTON, Hampshire, SO18 1FZ
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