2-bedroom bungalow · SO21 2EP
For saleListed 109 days
Opportunity summary
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About
An opportunity has arisen to acquire this well positioned semi-detached bungalow, situated within a sought after retirement complex run by the respected Brendoncare Group.
Set amid landscaped communal gardens with pleasant walkways, sitting areas and car parking facilities, the bungalow boasts a good size living room with direct access to a private terrace area and with communal gardens beyond.
Benefiting from replacement modern electric radiators, upvc double glazing, coving to ceilings and panel style internal doors.
It is offered in good decorative order with the bathroom having been updated to a spacious shower room with double width walk-in shower, and the kitchen having been refitted with modern wood effect units.
Conveniently situated four miles south of Winchester in the desirable village of Otterbourne.
Local facilities include a Nisa convenience store with a post office and butchers as well as three popular village pubs.
There are excellent commuter links and the regular Bluestar 1 bus service providing easy access to both Winchester and Southampton.
SOUGHT AFTER VILLAGE LOCATION WELL PROPORTIONED SEMI-DETACHED BUNGALOW ENTRANCE HALL * LOUNGE/DINING ROOM REFITTED KITCHEN * TWO BEDROOMS SHOWER ROOM * RESIDENTS PARKING DELIGHTFUL PARKLIKE COMMUNAL GARDENS Canopy style entrance porch with security and courtesy lights.
UPVC double glazed front door to; ENTRANCE HALL: Large cloaks/storage cupboard with hanging rail and shelving, built-in airing cupboard housing lagged hot water tank, immersion heater and shelving, smoke alarm, telephone point, wall mounted convector heater, further useful storage cupboard and hatch to loft with fold down ladder.
SITTING/DINING ROOM: An off-set room with maximum measurements of 17'7 x 16'2 (5.36 x 4.93) A twin aspect room with windows to front elevation and sliding patio doors providing access to the terrace and garden area.
There is an Adam style fireplace to the lounge area with tiled hearth and backing, fitted with a coal effect electric fire.
There are telephone and t.v aerial points, two radiators and a walk through from the dining area to the kitchen.
KITCHEN: 9'3 x 6'9 (2.83 x 2.07) Refitted with a range of modern wood effect units incorporating a single drainer one and half bowl stainless steel sink unit inset in mottled high gloss roll edge working surfaces with cupboards and drawers under and wall mounted cupboards, over ceramic tiled splash backs, to include two leaded light glass fronted display cabinets.
There are recesses for a washing machine and upright fridge/freezer and a front elevation window.
BEDROOM 1: 13'9 x 10'2 (4.21 x 3.10) Built-in wardrobe cupboards have hanging rails, shelving, a central dressing table with seat recess and three sliding mirror doors.
There are telephone and t.v aerial points, a radiator, rear elevation window and a door providing access to the terrace and communal gardens.
BEDROOM 2: 10'4 x 8'8 (3.14 x 2.64) Double built- in wardrobe cupboard with hanging rail and shelving, rear elevation window.
SHOWER ROOM: 7'10 x 5'7 (2.40 x 1.72) Fully tiled and fitted with a matching suite to include a walk-in double width cubicle with Mira Jump shower unit and sliding glazed doors, pedestal wash hand basin with mirror and shaver point over and a close coupled w.c.
There is non-slip vinyl flooring, a chrome heated towel rail, Dimplex convector heater and front elevation obscured glazed window.
OUTSIDE: The bungalow is situated within well-tended landscaped gardens which have beds and borders offering an array of different species of mature shrubs and flowers and there is a picturesque stream which runs through the site.
Pathways meander through the grounds to the various sitting areas and the car parking area where there are communal and visitor spaces.
To the immediate rear of the bungalow there is a private paved terrace area which opens onto an area of communal lawn with mature bushes and trees.
To the front there is a brick built bin storage area and garden tap. LEASE DETAILS: Residue of 99 years from 2015. The ground rent is £100.00 per annum and the maintenance is £345.00 paid monthly.
Please note that there is no gas connected to the property. Please note additional legal fees could be incurred for items such as leasehold or management packs when purchasing this property.
Council Tax Band: D (currently £2,306.56) Winchester City Council SERVICES - Water Supply: Mains Gas Supply: Ask Agent Electricity Supply: Mains Drainage: Mains Heating: Gas Central Broadband: Ask Agent ADDITIONAL INFORMATION - Approximate Age: Early 1980s Materials Used in Construction: Of Traditional Brick Construction.
Sellers Position: No Forward Chain Windows: Double Glazed Loft Space: Ask Agent Infant/Junior School: N/A Secondary School: N/A These details were taken by Keith Sansom from whom any further information required can be obtained.
AGENTS NOTE: Services, fittings and equipment referred to within these particulars have not been tested (unless otherwise stated) and no warranties can be given.
Accordingly the Buyer(s) must make their own enquiries regarding such matters.
ALEXANDER KEEN DISCLAIMER: These particulars are produced in good faith for information only and general description and are not to be relied upon as a statement for representation and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements herein.
They do not form part of any contract. All properties are offered subject to contract and availability and on the understanding that all negotiations are conducted through Messrs Alexander Keen.
No person in Alexander Keen's employment has authority to make or give any warranty or representation whatever in relation to the property.
MONEY LAUNDERING REGULATION: Please note that due to money laundering regulations prospective purchasers will be required to provide evidence of identification, such as a full valid passport or new form of driving licence with photograph and recent official correspondence, such as a utility bill, with their address on.
If the property is being bought in joint names then this applies to all parties. Whilst an offer can be made a sale cannot be instructed upon until this criteria has been satisfied.
Value & comps
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Archie refurb estimate: a Pro feature
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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.
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About Old Parsonage Court, Otterbourne, Winchester, SO21
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