2-bedroom flat · SO23 8FJ
Listing removedListed 171 days · slow let
Opportunity summary
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About
A beautifully presented two bedroom apartment in the heart of the city. Description The apartment is located on the top floor of the sought after Exchange Square development.
The apartment has been beautifully furnished and comprises of a wide entrance hall which leads to the open plan reception room, furnished with leather sofas.
The kitchen is open plan and has been upgraded by landlords and is a superb space for entertaining. The apartment benefits from two double bedrooms both with built in storage.
The principal bedroom has an ensuite shower room and the second bedroom is serviced by a bathroom with a shower over the bath. The property benefits from an allocated parking space.
There is lift access from the ground floor. Please note: The Furniture currently in situ at the property, is slightly different from the photos shown.
Location The property is located within the City centre which has excellent shopping, restaurants, sporting and educational facilities, together with the magnificent Cathedral, museums, galleries and a host of other mediaeval buildings.
There are lovely walks along the River Itchen, past the renowned Winchester College and on to the water meadows. The Cathedral Close with its many historic buildings is nearby.
Communications by road, rail and air are excellent. The M3 (Junctions 9,10 and 11) can be reached within a few minutes drive, giving access to London in the north and the M27 along the south coast.
For commuters, the mainline railway station, serves London Waterloo (approx.60 minutes) and Southampton or Basingstoke (approx.
20 minutes), whilst for international travel Southampton International Airport is accessible (off the M27 or direct rail link).
Square Footage: 697 sq ft Additional Info Holding Deposit : £485.62 (1 week) Deposit Payable : £2,423.08 (5 weeks) Minimum Term if Non Housing Act Tenancy: 12 months Rent must be paid monthly in advance
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 6, 3, Exchange Square, Hampshire
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