2-bedroom flat · SO23 7PF
Listing removedListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Approximate Internal Floor Area: 739 sq ft/ 68 sqm. 47B Fraser Road is a second floor, two bedroom purpose built apartment in a three-storey block dating from the 1960’s.
A great opportunity for an investor seeking a return from rental or individuals, perhaps a first time buyer, looking for a home. This property would benefit from a certain amount of updating.
Viewing is very highly recommended.
Accommodation Front door opening to: Hallway Built in cupboards, doors opening to: Bedroom one Double glazed window to rear, built in wardrobe, electric wall mounted heater .
Bedroom two Double glazed window to front. Bathroom Double glazed window to rear, panelled bath, Low level w.c., pedestal wash hand basin, partially tiled walls, tiled floor.
Kitchen/breakfast room Double glazed window to rear, fitted with a range of wall and base units with work surfaces over, stainless steel sink unit with cupboard below, built in electric oven , electric hob , partially tiled walls, plumbing for washing machine.
Sitting room Double glazed patio doors to front opening onto balcony, serving hatch to kitchen, electric wall mounted heater . Balcony Small area with painted metal railings.
Outside There is an area of grass to the rear of the block. Tenure: Leasehold, residue of 125 year lease dating from 29th November 1987. Ground rent: £10 per annum. Service charge: £575.90 pa.
Services: Mains water, drainage and electricity local authority: Winchester City Council.
Council tax band: B Agents Note We have not inspected or tested any of the service installations, equipment or appliances.
It is recommended that any purchasers arrange for suitable inspections and tests by qualified engineers prior to entering into any contract.
All measurements contained herein are to be considered approximate. Viewing strictly by appointment with vendor’s sole agent Byrne Runciman of Wickham.
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
Agent & docs
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FAQ
About 47B Fraser Road, Kings Worthy, Winchester
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