Rumbridge Street
- Converted studio flat
- Extended lease of 170 years from 1st january 1989
- Low ground rent & service charge
- 1 allocated parking space
- 8% yield
- Gated parking
- Investment opportunity with established tenant in place
- Proximity to shops, transport links & local amenities read more show less
Fox & Sons Totton are delighted to present this converted studio flat with a separate sleeping area, benefitting from an extended lease, low ground rent and service charge. Offered for sale with no onward chain and a tenant in situ. An attractive investment with an estimated 8% yield.
- Years remaining: 133 years
- Current ground rent: £70
- Ground rent review period: 1 years
- Annual service charge: £400
- Ground rent increase: Contact branch
Council Tax Band: A
Tenure: Leasehold
Internally, the accommodation includes a good-sized separate kitchen and a decent-sized bathroom fitted with a shower over the bath. The original studio space has been cleverly adapted to create a comfortable lounge area with a defined sleeping space, which benefits from an extractor fan, light block features to provide natural light and sufficient room for a double bed. The front lounge area is enhanced by two newly fitted windows overlooking Rumbridge Street, allowing for plenty of natural light.
While the property may benefit from some decorative improvement in places, its excellent location, extended lease, private gated parking, central heating and well-laid-out internal accommodation make it a fantastic purchase. Offered with no onward chain, this home is perfect for investors.
Utility supply:
- Electric Mains Supply
- Water Mains Supply
- Heating Central
- Broadband FTTC
- Sewerage Mains Supply
Rights and restrictions:
- Private rights of way Ask agent
- Public rights of way Ask agent
- Listed property Ask agent
- Restrictions Ask agent
Risks:
- Flooded in last 5 years Ask agent
- Flood defences Ask agent
- Source of flood Ask agent
Use our handy mortgage calculator to estimate what your monthly repayments could be. Edit the fields below with the relevant details or, if you’d like a more accurate view on what your repayments could be, complete our mortgage enquiry form below and our Mortgage Consultant will be in touch.
* Terms and Conditions apply.
Mortgage enquiry
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 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 17/03/2026.
Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.