2-bedroom flat · SO22 5DJ
For saleListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property: Situated on the top floor of this popular development in one of Winchester’s most sought-after addresses, this apartment is set slightly apart.
With direct lift access and a substantial private terrace, the apartment feels very special.
The accommodation briefly comprises, generous hallway, large reception/dining room, separate kitchen, principal bedroom with large ensuite and a double second bedroom served by the guest bathroom.
The private and substantial terrace is accessed via French doors from the reception room and feels very special, ideal for outside dining and relaxing.
The apartment comes with a private garage, and the development offers plenty of guest parking for added convenience.
The Location: The beautiful and historic city of Winchester is famous for its magnificent Cathedral, college and other fine buildings.
It offers a comprehensive range of shopping and recreational facilities with a selection of boutiques, restaurants, cafés and a farmer's market twice monthly.
There are also a range of cultural opportunities including the theatre, the City Museum and the Military History Museum.
Dean Lane is situated on the western edge of the city and at the top of the lane is a bridleway onto a network of paths through woodland which allow for stunning walks into the surrounding countryside to Crab Wood, Farley Mount and Sparsholt, home to the renowned 'Plough' public house.
Within easy access are day to day amenities including Waitrose, doctors' surgery, pharmacy and other shops on Stoney Lane.
The railway station is just over 1 mile away with a direct train service to London Waterloo in about 60 minutes.
The M3 is approximately 3 miles away offering direct access to London and the South Coast, the A34 is also easily accessible providing access to the A303 and the Midlands.
Heathrow and Southampton Airports are 55 and 12 miles away respectively. Directions: Leave the city via Stockbridge Road, continuing straight over at the Chilbolton Avenue roundabout.
Take the next left into Dean Lane and proceed along for some distance passing Mornington Drive on the left-hand side. Wyke Mark will be found further up on the right-hand side.
Proceed into the development and visitors parking will be found on the right-hand side.
Number 25 will be found through into the courtyard and directly ahead, where it can be accessed by a secure door entry system. Tenure: Leasehold.
150-year lease commenced June 2003, leaving 128 years remaining.
A service charge of approximately £8,500 pa is payable and includes the ground rent charge, water rates, alarm system, general maintenance, buildings insurance, window cleaning and minibus service.
There are resident managers located on site and a guest suite is available to visitors. Viewing: Strictly by appointment through Belgarum Estate Agents . Services: No gas.
All other services are mains connected. Council Tax: Band F - rate for 2025/26 £3,250.51 pa. EPC Rating: C Parking - Garage
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About Wyke Mark, Winchester, SO22
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