3-bedroom terraced house · SO23 8AZ
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property: Built in 1997 and set in one on the Winchester’s most characterful streets, this pretty three bedroom home offers the best of city living with the added bonus of private outside space and off street parking.
The accommodation briefly comprises entrance hall and cloakroom, kitchen/dining room to the front and generous sitting room to the rear with fitted storage and direct access onto the courtyard garden and parking beyond.
There is scope to extend the property should one wish subject to relevant planning permissions.
Upstairs, the principal bedroom is a super size with fitted storage and is served by an ensuite shower room.
The second bedroom is a double and the third, which currently makes a perfect study, would also be ideal as a nursery; both are served by the family bathroom.
The Location: This property is superbly positioned for easy access to Winchester mainline railway station (links to London Waterloo in approximately 60 minutes), and the city centre and High Street shops, boutiques, library, coffee shops, public houses, restaurants, theatre, cinema, museums and, of course, the city's historic Cathedral.
This house is situated in the catchment for good local schools; namely St. Bede Primary and Westgate Secondary.
Directions: From our High Street offices, walk down the main High Street bearing left into Jewry Street and immediately turn right into St. George Street.
Take the second left into Parchment Street, where the property will be found on the left-hand side, identified by our 'For Sale' board.
Viewing: Strictly by appointment through Belgarum Estate Agents . Tenure: Freehold.
An estate charge of approximately £250 is payable pa to cover management and maintenance of the communal courtyard and parking area. The residents jointly manage this.
Services: All mains services are connected. Council Tax: Band E - rate for 2026/27 £2,855.70 pa.
EPC Rating: C Location This property is superbly positioned for easy access to Winchester mainline railway station (links to London Waterloo in approximately 60 minutes), and the city centre and High Street shops, boutiques, library, coffee shops, public houses, restaurants, theatre, cinema, museums and, of course, the city's historic Cathedral.
This house is situated in the catchment for good local schools; namely St. Bede Primary and Westgate Secondary. Parking - Allocated Parking
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 1 Milman Court 25B Parchment Street, Winchester
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