3-bedroom bungalow · SO23 0JU
To rentReduced £100 (−5.4%) on 21 OctListed 233 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
| *** available now *** | *** virtual tour link attached *** | *** part furnished *** | *** private garage *** | *** two reception rooms *** | *** master bedroom ensuite *** | *** additional cloak room *** | Occupying a stunning position, this imposing property sits centrally on a fabulous plot on the Eastern edge of the city enjoying privacy and ample parking to the front.
The property comprises: Two spacious living rooms, separate kitchen and dining area with white goods, three bedrooms, one family bathroom and additional cloak room.
Further benefits include ensuite master bedroom, front garden, rear garden and detached single garage.
Measurement: Entrance Ha ll: Radiator, telephone point, access to loft, door into: Sitting Room (15' 11'' narrowing to 11' 10'' x 15' 6'' | 4.9m narrowing to 3.6m x 4.7m) Dining Room (11' 10'' x 9' 10'' | 3.6m x 3.0m) Kitchen/Breakfast Room (13' 1'' x 9' 7'' | 4.0m x 2.9m) Bedroom One (13' 1'' x 11' 3'' | 4.0m x 3.4m) En-Suite Shower Room White suite comprising low level W.C., pedestal wash hand basin, shower cubicle with thermostatic shower, part tiled surrounds, radiator, extractor fan, rear aspect obscured double glazed window.
Bedroom Two (11' 9'' x 9' 11'' | 3.6m x 3.0m) Bedroom Three (9' 3'' x 8; 6'' | 2.8m x 2.6m) Bathroom Modern white suite with walk in panel enclosed bath with shower attachment, low level W.C., pedestal wash hand basin, part tiled surrounds, extractor fan, radiator, rear aspect obscured double glazed window.
Additional Cloakroom Low level W.C., wall mounted wash hand basin, radiator, extractor fan.
Detached Single Garage Brick built with pitched roof, up and over door and additional pedestrian door to side, power and lighting. Tenants pay all bills and council tax.
Directions From our High Street offices follow the one way system around the City to arrive on Eastgate Street. At the roundabout exit the City over the river into Bridge Street.
At the next roundabout with Chesil Street proceed straight ahead, up Magdalen Hill/Alresford Road and taking the third right into Fairdown Close.
Take the first right and the property will be found up a private driveway Disclaimer: 1: The measurements indicated are supplied for guidance only and as such must be considered incorrect however effort has been made to ensure correct measurement with minor error has been stated.
2: Potential clients are advised to recheck the measurements before committing to any expense.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 23, Fairdown Close, WINCHESTER
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