4-bedroom semi-detached house · SO23 0NQ
Sold STCListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractive and modern four-bedroom, two-bathroom sharer property is being sold as a going concern, with a company let agreement in place until August 2026 (with an earlier break clause), currently generating £2,316 PCM including selected bills.
The property has been refurbished from top to bottom to a high standard, including two brand new bathrooms, a brand new kitchen diner, full redecoration, and modern furnishings throughout.
The sale includes all white goods and furniture, allowing a purchaser to benefit from immediate rental income from completion with no further works required.
The ground floor comprises a very large double bedroom and a spacious modern kitchen diner spanning the rear of the property, providing excellent communal space for tenants.
The first floor offers three further bedrooms, two of which are evenly sized doubles, plus one smaller bedroom.
The original bathroom has been reconfigured to create two full three-piece bathrooms, providing additional facilities ideal for sharers and enhancing rental appeal.
The property is fully compliant for both group and room lets and benefits from an Article 4 exemption, allowing continued HMO use.
Located in Winnall, Winchester, the property is well positioned for both local workers and commuting professionals, making it a consistently popular rental location.
Further benefits include a sizeable rear garden and permit parking.
At a net rent of approximately £2,200 PCM, the property represents a strong net return on deposit of approximately 13.69%, making this an ideal hands-off investment opportunity.
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Value & comps
No previous sales on record.
Returns
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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 Imber Road, Winnall, Winchester
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