1-bedroom flat · SO23 8EA
For saleListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THE PROPERTY: Set within a well-maintained residential development and surrounded by beautifully kept communal gardens, this spacious one-bedroom ground floor flat offers an excellent opportunity for first-time buyers, or investors.
The property boasts a particularly generous living room, enhanced by an attractive bay window that floods the space with natural light.
The well-proportioned kitchen offers ample storage and workspace, while the large double bedroom benefits from generous dimensions.
The central hallway connects the accommodation, which is completed by a bathroom and additional storage cupboards.
The ground floor position offers easy access and convenience, alongside the property being position very centrally within Winchester and a short walk from both the main High Street and Winchester Train Station.
One of the standout features is the extensive communal gardens that surround the building, creating a peaceful green setting and offering residents plenty of outdoor space to enjoy throughout the year.
Conveniently located close to local amenities, transport links and recreational facilities, this delightful flat combines generous internal accommodation with attractive outdoor surroundings.
LOCATION: Greyfriars is located on Eastgate Street, Winchester, ideally positioned for all local amenities and the main Winchester High Street.
The central location makes the flat very convenient for access to all shops, cafe's and eateries, alongside a short walk to the Winchester Train Station.
USEFUL INFORMATION: PARKING: Permit parking in the private car park, directly outside of the building, is available courtesy of the Winchester City Council, subject to availability.
Tenure: Leasehold, 81 years remaining (Until 1 May 2108); Council Tax Band B (£1,835 per year); EPC Band C Broadband (Source: Ofcom) Fast Broadband is available, offering up to 80mbps download speeds.
Flood Risk (Source: Govt Environment Agency) Surface Water, Ground Water, Rivers & Seas: all 'very low' risk. Services: Gas Heating, mains electricity, mains water.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Eastgate Street, Winchester
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