1-bedroom flat · SO23 8EB
For saleReduced £15k (−4.8%) on 21 JunListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property: This cool and characterful ground floor apartment is situated very centrally and is a moments’ walk to the high street and historic city centre.
The apartment enjoys wonderfully high ceilings and a wealth of period features combined with a modern contemporary feel, making this an excellent first time buy or investment.
The private entrance guides you into the home with the sitting/dining room tucked off to the right and bedroom to the left, both enjoying large semi-circular bay windows and original fireplaces.
The contemporary kitchen sits to the rear of the property with French doors leading to the west facing courtyard garden. The property also benefits from resident’s permit parking.
The Location: Situated within the heart of Winchester, these magnificent homes wrap around the eastern fringe of the historic city and provide excellent access to the station and M3, whilst the thriving High Street is a little more than a 'stone's throw away'.
There is also a lovely collection of walks along the River Itchen, nature reserves, whilst the popular Water Meadows and St. Catherine's Hill remain within easy reach.
Directions: Follow the city's one-way system down North Walls and keep to the left-hand lane. Bear left onto Eastgate Street where property will be found on the right-hand side. Tenure: Leasehold.
125-year lease commenced 24th June 2009, leaving 108 years remaining. Maintenance charges are divided equally between the owners of Flat 8 and Flat 8A on an ad hoc basis. The ground rent is £50 pa.
Viewing: Strictly by appointment through Belgarum Estate Agents . Services: No gas. All other main services are connected. Council Tax: Band B - rate for 2025/26 £1,750.27 pa.
EPC Rating: G Location Situated within the heart of Winchester, these magnificent homes wrap around the eastern fringe of the historic city and provide excellent access to the station and M3, whilst the thriving High Street is a little more than a 'stone's throw away'.
There is also a lovely collection of walks along the River Itchen, nature reserves, whilst the popular Water Meadows and St. Catherine's Hill remain within easy reach. 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 8 Eastgate Street, Winchester
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