# 2 bedroom flat for rent (SO15 5QF)

## Property Details

| Key | Value |
|-----|-------|
| Address | 141A, ST JAMES ROAD, SOUTHAMPTON, SOUTHAMPTON, SOUTHAMPTON SO15 5QF |
| Price | £725 pcm |
| Bedrooms | 2 |
| Last sold | £230,000 Jul 2001 |

## Description

Kings Estates are delighted to present this modern 2 bedroom ground floor flat. The accommodation consists of 2 bedrooms, spacious lounge, fully fitted kitchen with white goods and bathroom. The property also benefits from sizeable garden. Is offered on an unfurnished basis available now.

Please contact Kings Estates for further details on 02380 55 33 55.

## Property Photos

- ![Photo](/listings/photos/45290335/681510)
- ![Photo](/listings/photos/45290335/681513)
- ![Photo](/listings/photos/45290335/681515)
- ![Photo](/listings/photos/45290335/681519)
- ![Photo](/listings/photos/45290335/681521)
- ![Photo](/listings/photos/45290335/681523)

## Rental Range

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

- **Low:** £1,123/mo
- **Realistic:** £1,248/mo
- **Optimistic:** £1,373/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Cherwell Valley (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £947/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, Waterhouse Way, SO15 | £2,770/mo | 2 | 0.63 miles | OpenRent |

**Average rent: £2,770/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £2,770/mo).*

- **Gross yield:** 4584.8%
- **Monthly cashflow:** £2,465/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 14069.8%

*Gross yield = annual rent as % of price (no costs). 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).*

## 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)