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Mitchell House, Hampshire From £123,000 Est. 10-11% NET Yield

Project Investor Pack Request
INVESTMENT OVERVIEW

Residential Investment:

Immediate income.

Est. NET yields as high as 10.46% via short-term let option

Mitchell House is set in an ideal location in the heart of Eastleigh, directly opposite the railway station and walkable to the high street and shops.

It’s a superb collection of completed, high specification studios, one-bedroom and two-bedroom luxury apartments, which are available for buy to let purchase with immediate rental income.

The development is a recent office to residential conversion.  Complete with brand new double glazed windows, engineered oak flooring to the lounge/kitchens and high quality carpet fitted to the bedrooms, plus, video entry system, lift to all floors and a 10-year ICW builders warranty.

Mitchell House is proudly named after R. J. Mitchell, the engineer who led the team who designed the British Spitfire.

 

Market Overview

Eastleigh

Transport Links

Only one hour, 20 minutes to London

Southampton Airport

Only five minutes by car (2 miles)

Recreation

800 acres of unspoilt countryside, shops, restaurants & entertainment

Ideally positioned between Southampton and Winchester, Eastleigh is a railway town with a rich history and superb connections.

Combining a coastline which stretches along the Solent and the Hamble River and 800 acres of unspoilt countryside, the Eastleigh Borough (or Hamble Valley) is a beautiful and fulfilling place to call home.

Mitchell House is so conveniently located with The Swan shopping centre right on the doorstep, offering a range of retail.  There is a variety of pubs and restaurants just round the corner. Entertainment and leisure options include, theatres, cinemas and a museum all within easy reach, plus: rugby, tennis, cricket, golf, hockey and football clubs for the sports enthusiast.

Project

Completed buy to lets apartments: Only two miles from Southampton Airport


Types
Apartments
Bedrooms
Studio, one & two
Price
From £123,000
No. units
37 (buy to let)
Completed
Yes
Planning
Residential
Parking
Yes, on-site

Investment

Immediate income with est. NET yields as high as 10.46% through the short-term let option


Rental #1
Long-term let (AST)
Return #1
Est. 5.4% P.A.
Rental #2
Short-term let
Return #2
Est. 10-11% NET P.A.
Reservation Fee
£5,000
Mortgageable
Yes
Fully Managed
Yes

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