# 2 bedroom apartment for sale (SO50 5QJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 15, CHATFIELD HOUSE, 428, SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE SO50 5QJ |
| Price | £220,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | B |
| Last sold | £195,000 Dec 2022 |

## Description

Welcome to this well-presented ground floor apartment in Eastleigh.

 Ideally situated along Southampton Road, this modern two-bedroom, two-bathroom apartment offers stylish, low-maintenance living, perfectly suited to first-time buyers, downsizers, or investors alike. With the added benefit of allocated parking and a private electric vehicle charging point, this home combines convenience with forward-thinking features.

Upon entering via your private entrance, you are welcomed into a bright and inviting space, setting the tone for the rest of the property. The main living space is a well-proportioned open-plan lounge and dining area, offering a comfortable and versatile environment for both relaxing and entertaining. Large windows allow for an abundance of natural light, creating a warm and airy atmosphere throughout.

The kitchen is thoughtfully designed with a range of modern units and work surfaces, providing both practicality and style for everyday use.

The apartment comprises two bedrooms, both well-sized and offering flexible accommodation. The principal bedroom comfortably accommodates a double bed and benefits from a modern three-piece en-suite shower room, providing added convenience and privacy. The second bedroom is ideal as a guest room, home office, or nursery, with ample storage built in. The property is further complemented by a separate main bathroom, fitted with a contemporary suite, meaning the home benefits from two bathrooms in total.

Externally, the property benefits from a covered allocated parking space, a rare and valuable feature. The current owner has enhanced this further by installing an electric car charging point, making it ideal for electric vehicle owners.

**Location**

Positioned on Southampton Road, this property enjoys excellent access to local amenities and transport links. Eastleigh town centre is within easy reach, offering a variety of shops, restaurants, and leisure facilities. For commuters, there are superb rail and road connections, including access to the M3 and M27, making travel to Southampton, Winchester, and beyond straightforward.

The property is also ideally located close to Lakeside Country Park, a highly regarded open green space offering scenic walking routes, lakes, wildlife, and recreational activities; perfect for those who enjoy the outdoors and a balanced lifestyle.

The area is popular for its balance of accessibility and community feel, making it a desirable location for a wide range of buyers.

Here’s your updated version with the additional details incorporated neatly:

**Useful Additional Information**

Tenure: Leasehold

Years Remaining on Lease: 108

Ground Rent: £200.00 per annum

Service Charges: £1,530 per annum (including buildings insurance)

Heating: Gas Central Heating

Electrics: Mains

Water: Mains

Drainage: Mains

EPC Rating: C

Local Council: Eastleigh Borough Council

Council Tax Band: B

 

This property offers an excellent opportunity to secure a modern, conveniently located home with added future-ready features. Early viewing is highly recommended to fully appreciate what is on offer.

 

 

 

 

Disclaimer Property Details: Whilst believed to be accurate, all details are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. We have not carried out a detailed survey nor tested the services, appliances, and specific fittings. Measurements are approximate and should not be relied upon for furnishings.

Anti-Money Laundering (AML) Checks

In line with UK Anti-Money Laundering Regulations, all successful buyers will be required to complete identity and source-of-funds checks. A charge of £60 inc VAT per person applies for these checks. To ensure compliance, buyer details will be shared with a third-party AML provider who will contact you directly to complete the verification process. This is a legal requirement placed upon estate agents and is designed to protect all parties involved in the transaction.

## Property Photos

- ![Photo](/listings/photos/174047207/557900)
- ![Photo](/listings/photos/174047207/557901)
- ![Photo](/listings/photos/174047207/557902)
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- ![Photo](/listings/photos/174047207/557904)
- ![Photo](/listings/photos/174047207/557905)
- ![Photo](/listings/photos/174047207/557906)
- ![Photo](/listings/photos/174047207/557907)
- ![Photo](/listings/photos/174047207/557908)
- ![Photo](/listings/photos/174047207/557910)
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- ![Photo](/listings/photos/174047207/557914)
- ![Photo](/listings/photos/174047207/557916)
- ![Photo](/listings/photos/174047207/557918)

## Floorplans

- ![Floorplan 1](/listings/photos/174047207/557924) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/174047207/557929) - EPC 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CHATFIELD HOUSE, 428 15 SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ | £195,000 | 16/12/2022 | 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 |
|---------|-------|------|------|
| 28 OVINGTON GARDENS, EASTLEIGH, HAMPSHIRE, SO50 5FZ | £230,000 | 15/12/2023 | Flat |
| 324A SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QH | £118,000 | 14/07/2023 | Flat |
| [Same street] 426A SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ | £135,000 | 12/05/2023 | Flat |
| [Same street] CHATFIELD HOUSE, 428 10 SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ | £130,000 | 15/07/2022 | Flat |
| 21 CHESTNUT AVENUE, EASTLEIGH, HAMPSHIRE, SO50 5AJ | £315,000 | 14/04/2022 | Flat |
| 54 SOMERS WAY, EASTLEIGH, HAMPSHIRE, SO50 5RY | £268,000 | 08/04/2022 | Flat |
| [Same street] CHATFIELD HOUSE, 428 22 SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ | £180,000 | 11/03/2022 | Flat |
| [Same street] CHATFIELD HOUSE, 428 8 SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ | £138,000 | 28/01/2022 | Flat |
| 47 SOUTH STREET, EASTLEIGH, HAMPSHIRE, SO50 5RP | £232,000 | 24/01/2022 | Flat |
| [Same street] CHATFIELD HOUSE, 428 24 SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QJ | £188,000 | 07/01/2022 | Flat |
| 74A DONCASTER ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QN | £169,000 | 19/11/2021 | Flat |
| 324A GROUND FLOOR FLAT SOUTHAMPTON ROAD, EASTLEIGH, HAMPSHIRE, SO50 5QH | £161,000 | 13/08/2021 | Flat |

**Street average:** £154,200 (5 sales)
**Area average:** £213,286 (7 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £211,108 (30 Flat, SO50, 2024–2026)
- **Deviation:** +4.2%

## Rental Range

*ONS Price Index of Private Rents (Eastleigh). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,087/mo
- **Realistic:** £1,208/mo
- **Optimistic:** £1,329/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 Flat, Southampton Road, SO50 | £1,100/mo | 2 | 0.02 miles | OpenRent |
| 2 Bed Flat, Doncaster Road, SO50 | £1,100/mo | 2 | 0.06 miles | OpenRent |
| 2 Bed Flat, Derby Road, SO50 | £1,100/mo | 2 | 0.41 miles | OpenRent |
| 2 Bed Terraced House, Campbell Road, SO50 | £1,450/mo | 2 | 0.45 miles | OpenRent |
| 2 Bed Flat, Grantham Road, SO50 | £1,195/mo | 2 | 0.51 miles | OpenRent |
| 2 Bed Flat, Godfrey Olson House, SO50 | £1,100/mo | 2 | 1.01 miles | OpenRent |

**Average rent: £1,174/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.5% (weak for cashflow)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*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 £1,100/mo).*

- **Gross yield:** 6%
- **Cost-to-rent:** 16.7×
- **Monthly cashflow:** £99/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1.9%

*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:** 17.8%
- **10y growth:** -4.8%

## House Price Index (HM Land Registry)

*Official index for Eastleigh; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -3.7%
- **5y growth (index):** -0.3%
- **10y growth (index):** 11.3%

## 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)