2-bedroom flat · SO23 7XH
Opportunity summary
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About
A handsome & smartly decorated first floor apartment located moments from Winchester High Street, Theatre and Station, benefiting from allocated parking, with no onward chain.
A wonderful first floor apartment in Ropewalk House, benefiting from allocated parking and well kept communal grounds, positioned close to the original city North Wall.
This property has been a successful rental investment for many years, and is now offered with vacant possession and no forward chain.
The development has been tastefully designed to compliment the local Victorian housing, with attractive brickwork and a communal garden.
There is an easily accessed allocated parking space, and smart communal hallways.
Within walking distance are the Theatre Royal, public library, Rugby Club grounds, Winchester train station and High Street, with many convenient bus routes connecting the area to destinations including Southampton, Romsey and Fareham.
There are many parks and playgrounds for weekend walks, providing wonderful city centre living as well as proximity to many green spaces.
For schooling, the apartment falls within the St Bede Ce Primary and Westgate School catchments.
Positioned on the first floor, the hallway leads to a good size dual aspect living room, south westerly in aspect and receives sun for much of the day.
The modern kitchen is separate, providing plenty of storage space, with integrated fridge / freezer, washing machine, oven and gas hob, and a window for natural ventilation whilst cooking.
The main bedroom features a smart shower room ensuite with a heated towel rail, and a good size built in wardrobe. The second bedroom is also a double, with pleasant views over the communal grounds.
The modern family bathroom has a window, and a heated towel rail. There is an airing cupboard and hall storage, double glazing and gas central heating from a Worcester boiler.
The apartment feels light and spacious throughout, with good sized windows. The carpets have been replaced, and the property has been smartly decorated and thoroughly cleaned.
A super opportunity, so please contact Goadsby to arrange your viewing.
Service Charges: £2,225 per annum Ground Rent: £353 per annum Ground Rent Review Date: tbc Lease Length: 99 Years Remaining Managing Agent: Banner Property Services Ltd Council Tax Band: D Additional Information Tenure: Leasehold Parking: Allocated Parking Utilities: Mains Electricity Mains Gas Mains Water Drainage: Mains Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk Council Tax Band: D Living Room Ensuite Kitchen Bedroom 1 Bedroom 2 Bathroom ALL MEASUREMENTS QUOTED ARE APPROX.
AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER.
YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
VIEWING Strictly through the vendors agents GOADSBY OPENING HOURS MON - FRI 8:45AM - 5:30PM, SAT 8:45AM - 5:00PM DRAFT DETAILS We are awaiting verification of these details by the seller(s).
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.
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