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See how verdicts work2-bedroom house · SO23 8GQ
Listing removedReduced £95k (−10.6%) on 21 JunListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property: This perfectly positioned property has a neat arrangement of accommodation over a ground floor and is a perfect downsize or a pied a terre.
The property is accessed through a pedestrian gate into a garden. A glazed door provides excellent natural light to the welcoming hallway which opens to the rest of the accommodation.
The sitting room is a well-proportioned dual aspect room with windows and a door that open into the private walled garden, there is also a decorative fireplace which has fitted cabinetry to one side.
The kitchen/dining room is, again, well-proportioned and double aspect with a door that opens into the garden, the kitchen is fitted with a neat arrangement of base and eye level units with integrated appliances and has space for a centralised table and chairs.
The principal bedroom and second bedroom both have fitted wardrobes; a refitted shower room completes the accommodation.
The walled courtyard style garden is a delightful tranquil space and is hard landscaped with raised planters with mature shrubs and climbing plants.
There is a garage with twin doors and a small parking space to one side.
The Location: Armoury Cottage was constructed in 1996 in a period style and forms part of the Lower Barracks within the Peninsula Barracks Development.
Situated on Gar Street, the property is nestled between an imposing Grade II listed period building converted into large houses and Searles House, which itself is one of the finest buildings in central Winchester and home to the Museum of the Royal Hampshire Regiment.
It is beautifully tucked away off Southgate Street and remarkably quiet, yet within walking distance of all the city's amenities as well as lovely walks beside the river through the water meadows, around the College and Cathedral Close.
Royal Hampshire County Hospital is also less than a mile away. Communications are excellent with fast access on to the M3 north to London or south to the M27 coastal motorway.
There is a mainline station to London Waterloo with a fast and regular commuter service, Southampton International Airport, and the European ferry port at Portsmouth.
Schools in Winchester are first class, with St. Bede primary school nearby being highly sought after.
There is a wide variety of further state and private schools in the area including Pilgrims and Winchester College a short walk away, Twyford School, Peter Symonds Sixth Form College and St.
Swithun's School is just two miles out of the city.
Directions: From the city centre proceed in a southerly direction along Southgate Street and after passing Hotel du Vin, turn right into Archery Lane.
Bear right at the top into Gar Street and this property will be found on the right-hand side. Tenure: Freehold. There is annual management charge of approximately £1,400 payable pa.
Viewing: Strictly by appointment through Belgarum Estate Agents . Services: All mains services connected. Council Tax: Band E - rates for 2026/27 £2,855.70 pa.
Location Armoury Cottage was constructed in 1996 in a period style and forms part of the Lower Barracks within the Peninsula Barracks Development.
Situated on Gar Street, the property is nestled between an imposing Grade II listed period building converted into large houses and Searles House, which itself is one of the finest buildings in central Winchester and home to the Museum of the Royal Hampshire Regiment.
It is beautifully tucked away off Southgate Street and remarkably quiet, yet within walking distance of all the city's amenities as well as lovely walks beside the river through the water meadows, around the College and Cathedral Close.
Royal Hampshire County Hospital is also less than a mile away. Communications are excellent with fast access on to the M3 north to London or south to the M27 coastal motorway.
There is a mainline station to London Waterloo with a fast and regular commuter service, Southampton International Airport, and the European ferry port at Portsmouth.
Schools in Winchester are first class, with St. Bede primary school nearby being highly sought after.
There is a wide variety of further state and private schools in the area including Pilgrims and Winchester College a short walk away, Twyford School, Peter Symonds Sixth Form College and St.
Swithun's School is just two miles out of the city. Parking - Allocated Parking Parking - Garage
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
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FAQ
About Armoury Cottage, 10 Gar Street, Winchester
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