# 2 bedroom apartment for sale (SO14 3JF) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 83, SIROCCO, 33, CHANNEL WAY, SOUTHAMPTON, OCEAN VILLAGE, SOUTHAMPTON SO14 3JF | | Price | £300,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | D | | Construction age | England and Wales: 2003-2006 | | Floor area | 92 m² | | Last sold | £287,000 Mar 2024 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** B - **Expiry date:** 18/12/2029 - **Current heating cost:** £142/year ### Recommendations - E (25) - L2 (1,800) - Y (725) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9963-2851-6327-9191-1461) ## Description With dazzling sea views which catch your eyes, comfortable living spaces, handy allocated under croft parking, welcoming concierge service and immaculate marina settings which offer friendly amenities. This exquisite two double bedroom maritime apartment showcases the benefits inside and outside of the home and offers an approximate 92 square metre internal accommodation, well-proportioned L-Shape balcony, floor to ceiling white tiled bathroom and a well-kept ensuite shower room. Leading into the apartment you are welcomed into a generously sized wooden floor entrance hall with a liberally sized utility cupboard, secure telephone entry system and spot light coverage. The contemporary lounge/kitchen/dining room is an ideal place to unwind with its easy access modern kitchen with built in appliances, floor to ceiling sliding balcony door and West facing marina outlook. The well-proportioned master bedroom is made up of crisp white walls and boats a traditional white tiled ensuite shower room. Bedroom two is also a generous double and located on the West aspect of the building. The apartment also comprises of a three-piece white tiled bathroom suite, lift access and viewing is certainly advised to appreciate all aspects of this marina living home. Sirocco was constructed in 2006 and is situated in the heart of Ocean Village Marina along with promoting an array of amenities on its doorstep, some of which include: Brasserie, Harbour lights cinema, Bars, outstanding public walks, convenience stores, an impeccable five star harbour lights hotel with a roof top cocktail bar and is 0.9 miles from a vibrant city centre. SERVICE CHARGE: £4457 PA GROUND RENT: £250 PA LEASE: 108 YEARS COUNCIL TAX BAND D Agent Notes- ‘’These particulars are believed to be correct and have been verified by or on behalf of the Vendor. However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them. Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale. Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.’’ Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £75 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection ## Property Photos - ![Picture No. 20](/listings/photos/139112138/1067375) - Picture No. 20 - ![Picture No. 17](/listings/photos/139112138/1067377) - Picture No. 17 - ![Picture No. 13](/listings/photos/139112138/1067379) - Picture No. 13 - ![Picture No. 19](/listings/photos/139112138/1067381) - Picture No. 19 - ![Picture No. 11](/listings/photos/139112138/1067383) - Picture No. 11 - ![Picture No. 14](/listings/photos/139112138/1067385) - Picture No. 14 - ![Picture No. 23](/listings/photos/139112138/1067387) - Picture No. 23 - ![Picture No. 12](/listings/photos/139112138/1067388) - Picture No. 12 - ![Picture No. 21](/listings/photos/139112138/1067391) - Picture No. 21 - ![Picture No. 25](/listings/photos/139112138/1067393) - Picture No. 25 - ![Picture No. 15](/listings/photos/139112138/1067395) - Picture No. 15 - ![Picture No. 16](/listings/photos/139112138/1067397) - Picture No. 16 - ![Picture No. 26](/listings/photos/139112138/1067399) - Picture No. 26 - ![Picture No. 27](/listings/photos/139112138/1067401) - Picture No. 27 - ![Picture No. 29](/listings/photos/139112138/1067402) - Picture No. 29 ## Floorplans - ![Picture No. 10](/listings/photos/139112138/1067403) - Picture No. 10 ## EPC Graphs - ![EPC Rating Graph](/listings/photos/139112138/1067404) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | SIROCCO, 33 FLAT 83 CHANNEL WAY, OCEAN VILLAGE, SOUTHAMPTON, SO14 3JF | £287,000 | 04/03/2024 | Flat | | SIROCCO, 33 FLAT 83 CHANNEL WAY, OCEAN VILLAGE, SOUTHAMPTON, SO14 3JF | £290,000 | 29/06/2006 | 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 | |---------|-------|------|------| | SIROCCO, 33 FLAT 80 CHANNEL WAY, OCEAN VILLAGE, SOUTHAMPTON, SO14 3JF | £260,000 | 12/01/2024 | Flat | | RANGER COURT, 1 FLAT 9 OCEAN WAY, SOUTHAMPTON, SO14 3AG | £210,000 | 24/11/2023 | Flat | | SIROCCO, 33 FLAT 76 CHANNEL WAY, OCEAN VILLAGE, SOUTHAMPTON, SO14 3JF | £265,000 | 17/11/2023 | Flat | | ADMIRALS QUAY 80 THE MORESBY TOWER OCEAN WAY, SOUTHAMPTON, SO14 3LG | £461,000 | 20/10/2023 | Flat | | ADMIRALS QUAY 224 THE BLAKE BUILDING OCEAN WAY, SOUTHAMPTON, SO14 3LJ | £135,000 | 13/10/2023 | Flat | | 25 ALCANTARA CRESCENT, OCEAN VILLAGE, SOUTHAMPTON, SO14 3HR | £290,000 | 09/10/2023 | Flat | | ADMIRALS QUAY 239 THE BLAKE BUILDING OCEAN WAY, SOUTHAMPTON, SO14 3LJ | £350,000 | 27/07/2023 | Flat | | ADMIRALS QUAY 37 THE MORESBY TOWER OCEAN WAY, SOUTHAMPTON, SO14 3LF | £298,500 | 31/05/2023 | Flat | | 13 ALCANTARA CRESCENT, OCEAN VILLAGE, SOUTHAMPTON, SO14 3HR | £265,000 | 05/05/2023 | Flat | | ROYAL CRESCENT APARTMENTS, 1 A201 ROYAL CRESCENT ROAD, SOUTHAMPTON, SO14 3AD | £270,000 | 21/04/2023 | Flat | | ROYAL CRESCENT APARTMENTS, 1 B301 ROYAL CRESCENT ROAD, SOUTHAMPTON, SO14 3AD | £148,000 | 17/04/2023 | Flat | | ADMIRALS QUAY 283 THE BLAKE BUILDING OCEAN WAY, SOUTHAMPTON, SO14 3LN | £220,000 | 24/03/2023 | Flat | | ROYAL CRESCENT APARTMENTS, 1 D602 ROYAL CRESCENT ROAD, SOUTHAMPTON, SO14 3AF | £145,000 | 24/03/2023 | Flat | | ROYAL CRESCENT APARTMENTS, 1 D002 ROYAL CRESCENT ROAD, SOUTHAMPTON, SO14 3AF | £142,000 | 16/03/2023 | Flat | | ROYAL CRESCENT APARTMENTS, 1 C304 ROYAL CRESCENT ROAD, SOUTHAMPTON, SO14 3AD | £252,000 | 24/02/2023 | Flat | | ROYAL CRESCENT APARTMENTS, 1 C302 ROYAL CRESCENT ROAD, SOUTHAMPTON, SO14 3AD | £185,250 | 06/02/2023 | Flat | | 21 ASTURIAS WAY, SOUTHAMPTON, SO14 3HT | £215,000 | 09/12/2022 | Flat | | ROYAL CRESCENT APARTMENTS, 1 A301 ROYAL CRESCENT ROAD, SOUTHAMPTON, SO14 3AD | £270,000 | 09/12/2022 | Flat | | 9 ASTURIAS WAY, SOUTHAMPTON, SO14 3HT | £197,500 | 08/11/2022 | Flat | | CONSULATE HOUSE FLAT 25 CANUTE ROAD, SOUTHAMPTON, SO14 3FW | £136,200 | 28/10/2022 | Flat | **Area average:** £235,773 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £178,056 (40 Flat, SO14, 2024–2026) - **Deviation:** +68.5% ## Rental Range *ONS Price Index of Private Rents (Southampton). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,125/mo - **Realistic:** £1,250/mo - **Optimistic:** £1,375/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, Atlantic Mansions, SO14 | £2,700/mo | 2 | 0.06 miles | OpenRent | | 2 Bed Flat, Oceana Boulevard, SO14 | £1,350/mo | 2 | 0.45 miles | OpenRent | | 2 Bed Flat, Southampton, SO14 | £1,295/mo | 2 | 0.55 miles | OpenRent | **Average rent: £1,782/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.45% (weak for cashflow) - **Max investor price (0.8%):** £168,750 - **Target investor price (1%):** £135,000 *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 £1,350/mo).* - **Gross yield:** 5.4% - **Cost-to-rent:** 18.5× - **Monthly cashflow:** £9/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 0.1% *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).* ## Price per Square Metre - **£/m²:** £3,261/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -14.9% - **10y growth:** -29.4% ## House Price Index (HM Land Registry) *Official index for Southampton; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -4.5% - **5y growth (index):** 2% - **10y growth (index):** 15.9% ## 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)