2-bedroom house · SO23 0HF
For saleReduced £25k (−5%) on 21 JunListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property: This two bedroom home offers city centre convenience with the rare bonus of off-street parking and a generous garden. Set to the east of the city, St.
John’s Street offers all of the best of this historic city, with the Water Meadows, Cathedral and High Street within easy walking distance.
Having been recently refurbished by the current owners, the house is ideal for first time buyers or anyone looking for a low maintenance city home.
The downstairs accommodation comprises open plan sitting room and dining room with a separate, modernised kitchen to the rear of the property.
Externally, the sunny garden is accessed via steps to the decking area which is the perfect place to relax and unwind. The first floor offers two bedrooms, which are served by the family bathroom.
The property is ideally located for anyone needing easy access to the city and as well as the mainline train station.
The Location: This property lies in an elevated setting to the east of the city centre adjacent to St. Giles' Hill. The mainline station is a little over a mile away.
The High Street can be accessed via an attractive riverside walk where you will find quality restaurants including The Chesil Rectory and The Black Rat.
Similarly, within minutes you can be on the South Downs Way, St. Catherine's Hill and The Water Meadows.
Directions: From our High Street offices follow the one-way system around the city to arrive on Eastgate Street. At the roundabout, exit the city over the river into Bridge Street.
At the next roundabout with Chesil Street, proceed straight ahead up Magdalen Hill taking the first left onto Blue Ball Hill. Take the first left onto St.
John’s Street and the property will be found on the right-hand side, identified by our ‘for sale’ board. Viewing: Strictly by appointment through Belgarum Estate Agents .
Services: All mains services are connected. Council Tax: Band D - rate for 2025/26 £2,122.28 pa.
EPC Rating: D Location This property lies in an elevated setting to the east of the city centre adjacent to St. Giles' Hill. The mainline station is a little over a mile away.
The High Street can be accessed via an attractive riverside walk where you will find quality restaurants including The Chesil Rectory and The Black Rat.
Similarly, within minutes you can be on the South Downs Way, St. Catherine's Hill and The Water Meadows. Parking - On Street
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
Agent & docs
FAQ
About 56 St. Johns Street, Winchester
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