2-bedroom flat · SO22 6BZ
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic ground floor apartment with two allocated parking spaces, level access, a bicycle store and no onward chain.
Greenacres is a smart modern development located within close proximity to Winchester High Street, station and close to countryside for walking.
There are bus routes close by connecting the area to Winchester city centre, and the catchment schools are Weeke Primary and Henry Beaufort, both well respected.
This ground floor apartment enjoys a sunny aspect with large mock sash double glazed windows bringing plenty of light into the property.
Smart oak veneered flooring flows between several rooms, which are brightly decorated. The property is served by gas central heating.
The layout consists of two good sized bedrooms, with the main benefiting from a stylish ensuite shower room. There is a further family bathroom, a generous storage cupboard and an airing cupboard.
The main living area is open plan & dual aspect with plenty of space for free standing furniture.
The kitchen offers ample worktop surfaces, a gas hob, integrated cooker, with space for free standing white goods and there are also plenty of storage cupboards.
The internal communal areas are well kept, with tidy external garden areas and two communal entrances. There are two allocated parking spaces close to the rear door providing easy accessibility.
There is also a good size bicycle store. A super opportunity in this central area, with no onward chain. Please contact Goadsby to arrange your viewing.
Service Charges: £1,992.60 March 25th 2025 - March 24th 2026 Ground Rent: £513.91 Ground Rent Review Date: TBC Lease Length: 137 Years Remaining Managing Agents: BPM and Trinity Freeholder: HomeGround Council Tax Band: C Additional Information Tenure: Leasehold Parking: 2 Allocated Spaces Utilities: Mains Electricity Mains Gas Mains Water - metered Drainage: Mains Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk Council Tax Band: C Living Room Ensuite Kitchen Bedroom 1 Bedroom 2 Bathroom ALL MEASUREMENTS QUOTED ARE APPROX.
AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER.
YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
VIEWING Strictly through the vendors agents GOADSBY OPENING HOURS MON - FRI 8:45AM - 5:30PM, SAT 8:45AM - 5:00PM DRAFT DETAILS We are awaiting verification of these details by the seller(s).
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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