2-bedroom flat · SO22 4GZ
Listing removedReduced £60k (−14.1%) on 24 JunListed 287 days
Opportunity summary
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About
Ideally located close to the Royal Winchester County Hospital and the University of Winchester, a fully refurbished first-floor flat.
Situated on the site of the former Ambulance Station, the development comprises nine flats and five houses, completed in 2014, with this property having undergone a comprehensive refurbishment prior to being brought to the market.
The accommodation includes two bedrooms and two bathrooms, one of which is en suite.
The flat is offered with all new white goods included, making it an ideal choice for those seeking a modern, turnkey home.
Additional benefits include a private, south-facing balcony providing valuable outdoor space, along with a convenient allocated parking space.
The development was shortlisted for the City of Winchester Trust Design Awards in 2015.
The property falls within the catchment area for Western Primary School, Westgate School and The King’s School, and is conveniently located close to Peter Symonds Sixth Form College.
Winchester is also home to the renowned Winchester College and St Swithun’s School. Highly regarded preparatory schools in the area include Prince’s Mead, Pilgrims’, Farleigh and Twyford.
Winchester city centre offers an excellent range of everyday amenities, with Waitrose, Sainsbury’s and Tesco all easily accessible.
The railway station is less than one mile away on foot or by bicycle and provides a direct service to London Waterloo in approximately 60 minutes.
Road connections are excellent, with Junction 9 of the M3 approximately two miles away, offering direct access to London and the South Coast.
The A34 is also easily reached, providing routes to the A303 and the Midlands. Southampton and Heathrow Airports are approximately 12 and 55 miles away respectively.
Winchester provides a comprehensive selection of shopping, leisure and cultural facilities, including independent boutiques, restaurants and cafés, as well as a twice-monthly farmers’ market.
Cultural attractions include the Theatre Royal, Winchester City Museum and the Military Museums.
Note: Under Section 21 of the 1974 Estate Agency Act, we disclose that a person connected to House Partnership has a personal interest in the sale of this property.
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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FAQ
About 4, Nightingale Park, Hampshire
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