2-bedroom flat · SO23 8RE
Let agreedListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently located within the heart of Winchester city centre is this spacious two-bedroom, first-floor apartment, offered unfurnished.
The property is accessed via an external communal stairwell that only services two apartments. An entrance lobby has a door leading to a sitting/dining room with wood flooring and a stylish gas fire.
Within the sitting room is a purpose-built storage cupboard.
An inner hall is also accessed via the sitting room and offers access to a further storage cupboard, two bedrooms with the main bedroom benefitting from a fitted wardrobe, a modern white bathroom suite and a fitted kitchen with appliances.
The property further benefits from an allocated parking space for one vehicle.
Agent note: The photographs taken are from a previous marketing campaign and are for illustrative purposes only Security Deposit: £1,615.38 (based on advertised rental price) Holding Deposit: £323.07 (based on advertised rental price) Council Tax Band: D Additional information Materials used in construction: Ask Agent How does broadband enter the property: Ask Agent Please refer to the Head Lease with regards to any covenants/restrictions affecting the property For further information on broadband and mobile coverage, please refer to the Ofcom Checker online Steeped in history, Winchester is England’s ancient capital city and former seat of King Alfred the Great.
This bustling city seamlessly combines grand old architecture with 21st century art, sculpture and world-class attractions which includes the magnificent cathedral.
With award-winning pubs and restaurants and a plethora of boutique shops and café bars, there is so much to enjoy in this city.
There is a cultural programme throughout the year which includes top literary festivals, exhibitions and theatre productions.
Winchester boasts some of the best schools in the county and is home to Winchester University and Winchester College, the oldest public school in the United Kingdom.
All this is within easy reach of London, a choice of international airports and the beaches of the south coast as well as the natural beauty of the New Forest and the rolling countryside of the South Downs National Park.
And of course, if you love golf, one of the best courses in the county is on your doorstep.
Conveniently positioned for access to the railway station and city centre as well as providing easy access to the M3, A33 and A34.
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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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
Agent & docs
FAQ
About 2 Itchen Court,, Eastgate Street, Winchester
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