2-bedroom flat · SO23 8FJ
For saleListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern two-bedroom first-floor apartment located in the heart of Winchester City Centre.
This contemporary purpose-built block enjoys a prime central position, just a short walk from Winchester High Street and the Train Station, offering direct links to London and beyond.
Upon entering, the apartment benefits from a well-designed hallway with built-in storage, leading first to two generous double bedrooms, both featuring fitted wardrobes.
The master bedroom further benefits from a stylish en-suite shower room. Additionally, there is a sleek and serene family shower room, designed with modern fittings and a calming aesthetic.
The true highlight of this home is the impressive open-plan living space. The modern kitchen, complete with high-quality fitted appliances, seamlessly flows into a spacious lounge area.
This bright and inviting living space is bathed in natural light, thanks to a striking floor-to-ceiling feature window that creates a stunning focal point.
Beyond its enviable central location, the apartment also offers the convenience of an allocated parking space, a rare benefit for city-centre living.
This property perfectly balances the vibrancy of urban living with the comfort and ease of a modern home and is available with no forward chain.
Tenure: Leasehold Council Tax Band: C Utilities: Mains connected to Electric, Water and Waste, Electric Heating Parking: Allocated Space EPC Rating: D Service Charge: £4632.62 (2026 charge) EPC Rating: D
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.
Area
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FAQ
About Flat 2, 3 Exchange Square, Winchester
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