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See how verdicts work2-bedroom flat · SO23 9QX
For saleReduced £50k (−8.3%) on 21 JunListed 472 days
Opportunity summary
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About
A stunning penthouse apartment in one of St Cross’ finest Victorian buildings with private parking and garden.
Description Bourne House was originally built around 1898 affording splendid town house living typical of the St. Cross area.
In the 1980's the property was converted into three unique apartments, Top Bourne being on the second floor offering a spectacular ‘penthouse' living with outstanding views across the gardens of St.
Cross and St. Catherines Hill beyond.
The property and its three apartments share the long private driveway, that passes the individual private gardens, to a courtyard area of parking, whereby there is an individual parking space allocated to this property.
Top Bourne is accessed via an external staircase to its front door.
From a welcoming and particularly spacious entrance hall, doors lead to a variety of storage spaces and to the following rooms: A kitchen/breakfast room; living room; principal bedroom, guest bedroom and bathroom.
The kitchen has been masterfully redesigned and fitted with bespoke cabinetry with a comprehensive range of floor and wall mounted units and full integration of appliances more commonly found in a larger family home.
The cleverly positioned breakfast bar makes the space versatile and practical for day to day living.
A particular highlight is the wonderful living room featuring a classic Victorian bay window, window seat and a cosy wood burning stove for the winter months.
There are two very generous bedrooms both featuring elevated views over the mature surrounding area, built in storage and charming period features. A luxurious bathroom completes the accommodation.
Top Bourne also has a very useful and fully boarded loft space spanning the entirety of the apartment.
This beautiful apartment is finished to the highest of standards and rare to find within St Cross, the addition of such a charming garden and off-street parking further increase the properties appeal.
Outside A unique highlight of the property is the wonderful garden which is mostly laid to lawn and features a variety of specimen trees, mature flowering shrubs and plants designed for screening and privacy.
The substantial garden shed is set to one side of the garden and has the added benefit of electricity.
There is an area for growing vegetables and a paved terrace ideal for an outdoor kitchen and entertaining guests over the summer months.
Location Barnes Close is a quaint and peaceful side street within easy reach of the pedestrianised high street (0.9 miles) and thriving city centre.
The charming surrounding area contains a variety of exquisite period homes entwined with modern and interesting residential properties.
The high street and cathedral square contain a diverse collection of local businesses, independent shops, boutiques, cafes, bars, and restaurants.
There are several other cultural, historical and leisure facilities such as the Theatre Royal, local Cinema, The Arc Discovery Centre, the Great Hall and world-renowned Cathedral.
The mainline railway station is accessible on foot and around 1.3 miles from the property with London Waterloo being around 58 minutes from the city's railway station The M3 allows easy access to London and the south coast connecting with the M27 and Southampton Airport which serves a growing number of destinations worldwide.
The A34 to the north provides access to Oxford, the Midlands and the A303 to the West Country.
The city centre and St Cross has its appeal to suit downsizers, professionals and commuters alike, affording a wonderful lifestyle within a community.
Not only is St Cross ideally located for the city, but it also allows attractive walks through historic cathedral streets and out to local water meadows, St Catherine's Hill and on to the Itchen Navigation south of the city.
Winchester College and Pilgrims Prep School is a short walk from the house (0.8 miles).
Twyford Preparatory School is at nearby Twyford, and there are various preparatory establishments close to the city including Prince's Mead.
St Swithun's School for Girls is a short drive away, approximately 2.6 miles, and there are several well-regarded state assisted schools including, Kings, Westgate and Peter Symonds Sixth Form College.
Square Footage: 1,249 sq ft Additional Info Leasehold (Share of Freehold) 999 years from 29 September 1983. Service charge £1,200 per annum Mains services connected. Council Tax Band D
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.
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