# 2 bedroom flat for sale (SO53 2AE) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 1, CORINTHIAN COURT, CORINTHIAN ROAD, EASTLEIGH, CHANDLER'S FORD, HAMPSHIRE SO53 2AE | | Price | £250,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Last sold | £250,000 Mar 2026 | ## Description Situated within a convenient residential location, this spacious two-bedroom ground floor apartment offers well-proportioned accommodation with a modern finish throughout—ideal for first-time buyers, downsizers or investors alike. The property comprises a bright and airy open-plan living/dining room, a contemporary kitchen and ample storage, two comfortable double bedrooms, and a stylish three-piece bathroom. Neutral décor and quality flooring create a clean and move-in ready interior. There is parking to the front of the garage and free parking on the road. Positioned close to local shops, amenities and excellent transport links, this apartment combines comfort and convenience in equal measure. ADDITIONAL INFORMATION Materials used in construction: Brick and tile roof. Any alterations/improvements been carried out during the current ownership: For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Share of Freehold - length of lease 999 years Annual service charge - £1600 ## Property Photos - ![1341923-4-68a46e4...](/listings/photos/166443797/1887753) - 1341923-4-68a46e4... - ![1341923-24-68a475...](/listings/photos/166443797/1887754) - 1341923-24-68a475... - ![1341923-23-68a475...](/listings/photos/166443797/1887755) - 1341923-23-68a475... - ![1341923-18-68a474...](/listings/photos/166443797/1887756) - 1341923-18-68a474... - ![1341923-17-68a474...](/listings/photos/166443797/1887757) - 1341923-17-68a474... - ![1341923-12-68a471...](/listings/photos/166443797/1887758) - 1341923-12-68a471... - ![1341923-13-68a472...](/listings/photos/166443797/1887759) - 1341923-13-68a472... - ![1341923-25-68a475...](/listings/photos/166443797/1887760) - 1341923-25-68a475... - ![1341923-15-68a473...](/listings/photos/166443797/1887761) - 1341923-15-68a473... - ![1341923-20-68a474...](/listings/photos/166443797/1887762) - 1341923-20-68a474... - ![1341923-3-68a46e3...](/listings/photos/166443797/1887763) - 1341923-3-68a46e3... - ![1341923-10-68a470...](/listings/photos/166443797/1887764) - 1341923-10-68a470... - ![1341923-2-68a46e2...](/listings/photos/166443797/1887765) - 1341923-2-68a46e2... - ![Picture No. 30](/listings/photos/166443797/1887766) - Picture No. 30 ## EPC Graphs - ![EPC Rating Graph](/listings/photos/166443797/1887767) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | CORINTHIAN COURT FLAT 1 CORINTHIAN ROAD, CHANDLER'S FORD, EASTLEIGH, HAMPSHIRE, SO53 2AE | £250,000 | 31/03/2026 | Flat | | CORINTHIAN COURT FLAT 1 CORINTHIAN ROAD, CHANDLER'S FORD, EASTLEIGH, HAMPSHIRE, SO53 2AE | £163,000 | 17/08/2012 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] CORINTHIAN COURT FLAT 4 CORINTHIAN ROAD, CHANDLER'S FORD, EASTLEIGH, HAMPSHIRE, SO53 2AE | £240,000 | 31/10/2025 | Flat | **Street average:** £240,000 (1 sale) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £201,455 (11 Flat, SO53, 2024–2026) - **Deviation:** +24.1% ## Rental Range *ONS Price Index of Private Rents (Eastleigh). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,092/mo - **Realistic:** £1,213/mo - **Optimistic:** £1,334/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Southampton (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £873/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, Harewood Close, SO50 | £1,200/mo | 2 | 0.64 miles | OpenRent | **Average rent: £1,200/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.48% (weak for cashflow) - **Max investor price (0.8%):** £150,000 - **Target investor price (1%):** £120,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,200/mo).* - **Gross yield:** 5.8% - **Cost-to-rent:** 17.4× - **Monthly cashflow:** £70/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 1.2% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -5.8% - **10y growth:** 7.1% ## House Price Index (HM Land Registry) *Official index for Eastleigh; Flats and maisonettes series; as of May 2026.* - **1y growth (index):** -3.1% - **5y growth (index):** -3.6% - **10y growth (index):** 8.4% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)