2-bedroom flat · SO23 0EP
To rentListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A TWO BEDROOM FIRST FLOOR APARTMENT SITUATED IN THIS TOWN CENTRE LOCATION WITH VIEWS OVER THE ITCHEN RIVER.
THE PROPERTY OFFERS SPACIOUS ACCOMMODATION WITH TWO DOUBLE BEDROOMS, MODERN FITTED KITCHEN, FULL GAS CENTRAL HEATING, TWO BALCONIES TO FRONT AND REAR, GARDEN AND STORAGE.
PERMIT PARKING VIEWING RECOMMENDED AVAILABLE END OF NOVEMBER ** GAS CENTRAL HEATING** WINCHESTER CITY COUNCIL BAND C**
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Water Lane, Winchester, Hampshire, SO23
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