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See how verdicts work3-bedroom flat · SO23 8TH
Listing removedReduced £15k (−5.1%) on 22 MayListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely bright flat, occupying the whole top floor in a central Winchester location with a balcony and attractive city views.
Situated in the heart of Winchester, and a stone's throw from Winchester train station, bistros & wine bars as well as the public library and Theatre Royal, this contemporary apartment offers a great opportunity.
The location is always popular with tenants and owner occupiers, and we have let out this property for many years successfully.
The layout is set up with three bedrooms, all well-proportioned, with a balcony off the main bedroom. There is a modern kitchen / living room with plenty of storage space, enjoying views of the city.
There is a family sized bathroom, and the whole apartment is tastefully decorated, offering a real sense of light. The fittings and furnishings are modern and well looked after.
There is gas central heating and double glazing.
There is a large car park available where tenants or buyers can purchase an annual season ticket if required, and bus routes are on the door step connecting the area to Southampton, Chandler's Ford and other parts of Winchester.
Please contact Goadsby to set up a viewing.
Lease Length: 155 Years Remaining Service Charges: £1,497.83 per half-year Ground Rent: £60 per annum Reserve/sinking fund: £983.34 per half-year Additional Information Tenure: Leasehold Utilities: Mains Gas Mains Water - metered Mains Drainage Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk Council Tax Band: C Kitchen / Living Room 4.91m (16'1) Max x 2.98m (9'9) Max Bedroom 1 4.72m (15'6) Max x 5.5m (18'1) Max Bedroom 2 3.31m (10'10) Max x 4.44m (14'7) Max Bedroom 3 3.12m (10'3) x 2.99m (9'10) Bathroom 1.69m (5'7) x 2.21m (7'3) ALL MEASUREMENTS QUOTED ARE APPROX.
AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER.
YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
VIEWING Strictly through the vendors agents GOADSBY OPENING HOURS MON - FRI 8:45AM - 5:30PM, SAT 8:45AM - 5:00PM
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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