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See how verdicts work2-bedroom flat · SO23 8GJ
For saleReduced £50k (−9.1%) on 9 OctListed 548 days
Opportunity summary
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About
A superb ground floor apartment set within a distinguished and historic building offered to the market with no forward chain.
Description A superb ground floor apartment set within a distinguished and historic building (formerly the Royal Green Jackets Barracks) offered to the market with no forward chain.
Ideally positioned in the heart of the city, it enjoys immediate access to a wealth of local amenities and the mainline station.
This Grade II listed residence is beautifully light-filled and offers approximately 1,208 sq. Ft. Of stylish, well-planned living space.
Accessed via a grand communal reception hall, the apartment opens into its own private hallway, leading to a generously sized, elegant sitting room, two spacious double bedrooms, and two bathrooms (including one en suite).
A standout feature is the impressive, triple aspect kitchen/dining room - perfect as a relaxed, sociable living space.
The home benefits from full gas-fired central heating, high ceilings, and charming period details throughout, creating an atmosphere of character and refinement.
Outside, residents enjoy the use of exquisitely maintained gardens, while this apartment also boasts two private, generously sized parking bays directly to the rear.
Two visitor parking permits are also included.
Location The property is situated in the highly regarded and sought after central Winchester location of Peninsula Square in an elevated position with superb views across the city to the Downs beyond.
It is ideally located a short distance of the pedestrian precinct in the High Street and also the railway station (0.4 miles).
Winchester College and the water meadows of St Cross which stretch along the bank of the River Itchen are very convenient and offer superb walks through the historic cathedral streets, the water meadows and on to St Catherine's Hill.
The M3 motorway, junctions 9,10 and 11, is within easy reach, making both London and Southampton readily accessible.
The interconnection with the M27 makes Southampton International Airport easily commutable and also opens up the South Coast and New Forest.
The A34 to the north provides access to Oxford, the Midlands, and the A303 to the West Country.
Square Footage: 1,208 sq ft Additional Info Share of Freehold (999 years from 1 January 1996) Service charge - £1978.86 (Peninsula Square), £5,869.35(Kings House) Mains services connected Council Tax Band F
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 42, Peninsula Square, Hampshire
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