2-bedroom flat · SO23 7AP
Sold STCReduced £5k (−2%) on 1 AugListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Large two bedroom top floor apartment within the leafy Northlands Drive development.
The property: This spacious top floor apartment, located in the leafy Northlands Drive development, is smartly presented with light neutral colours throughout, fully double-glazed and with a large balcony area overlooking the well manicured communal gardens.
The property comprises of a spacious, light lounge with floor to ceiling windows and adjoining the balcony, large 14'5" x 13'3" double bedroom, second double bedroom and modern four-piece bathroom suite with shower and separate bath.
The kitchen is modern, and complete with an array of under-counter and eye-level units, alongside access to the balcony.
Further benefits include plenty of on-street parking, with permits being available via the Winchester City Council, and a private single garage.
Location: Stratford Court is located within the Northlands Drive development, just 0.5 miles from the Winchester Train Station and 0.7 miles to the main Winchester High Street.
Useful information parking: Permit parking is available courtesy of the Winchester City Council, subject to availability.
Tenure: Leasehold, 135 years remaining; Council Tax Band C, EPC Band D Broadband (Source: Ofcom) Fast Broadband is available, offering up to 67mbps download speeds.
Flood Risk (Source: Govt Environment Agency) Surface Water, Ground Water, Rivers & Seas: All 'very low' risk. Services: Electric Heating, mains electricity, mains water.
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 14, Stratford Court, Winchester
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