A city centre flat block neighbouring Mayflower Theatre has hit the market, where offers over an eye-watering £7 million are being considered.

Pilgrim House on Commercial Road has been listed as an “unbroken block of 40 one bedroom and four two bedroom modern apartments”, positioned just a three-minute walk away from Southampton Central station.

The block of flats currently achieves an annual rent roll in excess of £450,000.

Only offers in excess of £7 million are being considered by Brick Management and Lettings Limited.

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The Mayflower Village pub is positioned on the bottom floor of the building that sits directly next to Mayflower Theatre.

Pilgrim House was previously a three-storey commercial space that was converted into living spaces in 2019.

A two-floor extension was built, opening up an additional 22 flats to bring the total to 44.

Pilgrim House was previously a three-storey commercial space.Pilgrim House was previously a three-storey commercial space. (Image: Brick Management and Lettings) The listing for the property says that the block has been “successfully rented out on a maximum occupancy basis since its conversion in 2019”.

Pilgrim House is also “popular with students and professionals alike”, according to the same listing.

Brick Management and Lettings Limited said on online listings: "New to the market, Pilgrim House is an unbroken block of 40 one bedroom and 4 two bedroom modern apartments, located in a prime position, just a few minutes walk from Southampton city centre and the main railway station."

The sale also includes the property freehold.