3-bedroom flat · SO23 9EB
Listing removedReduced £175k (−25.9%) on 15 SepListed 371 days
Opportunity summary
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About
Occupying the entirety of the second floor, this elegant split level three-bedroom apartment offers a well-considered layout, ideally suited to both everyday living and entertaining.
The open-plan kitchen and dining area connects seamlessly with the main reception space, positioned to the front of the building and accessed via double doors from the central hallway.
Floor to ceiling windows provide an abundance of natural light into the main living space whilst the addition of custom-made shutters can also provide privacy when needed.
Accessed from the main reception space is the private terrace overlooking the Hotel du Vin, a secluded space well-suited to outdoor entertaining or quiet enjoyment.
The main bedroom includes a walk-in wardrobe, a contemporary en-suite shower room and a wonderful view from the window. Two further double bedrooms are served by a well-appointed family bathroom.
Combining contemporary living with a historic setting and commanding one of the finest views in Winchester, this property represents a rare opportunity in the heart of the city.
Outside Residents enjoy access to a secure communal entrance, a bicycle storage area and a landscaped rear garden shared between apartments.
Situation Situated directly opposite the renowned Hotel du Vin and surrounded by a collection of high-quality independent retailers, cafés, restaurants, and bars, the property is superbly located to enjoy all that Winchester has to offer.
Cultural amenities including theatres, galleries, museums, and a cinema are within easy walking distance.
The apartment is exceptionally well connected, with Winchester railway station just a short walk away, providing direct links to London and the South Coast.
The city also offers excellent road connections and a comprehensive range of local schooling options for all ages.
Property Ref Number: Ham-60856 Additional Information All mains services connected Lease length: 117 years remaining Service Charge: £2000 per year Ground rent: £255 per year Local Authority: Winchester Council tax: Band E
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
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FAQ
About 21D, Southgate Street, Winchester
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