2-bedroom flat · SO21 2EP
Listing removedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a peaceful and sought-after setting, this two-bedroom ground floor chain free retirement apartment offers comfortable and low-maintenance living for those seeking a quiet lifestyle close to Winchester.
Old Parsonage Court is a retirement development in the beautifully presented grounds of The Old Parsonage which is part of the well reputed Brendoncare Foundation.
It is a complex of 16 flats and six bungalows with the residents having the benefit of 24-hour emergency callout and property maintenance.
Built to a high standard the apartments has double glazing, all electric heating and wheelchair accessible doors.
The property features a bright and spacious living/dining room which backs on to the garden, a modern family shower room, and two well-proportioned bedrooms.
Ideal for downsizers or those looking for a serene yet connected place to call home, the apartment combines practicality with comfort.
With local amenities nearby and excellent access to the historic city of Winchester, this is a superb opportunity to enjoy retirement living in a tranquil environment.
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 6, Old Parsonage Court, Winchester
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