2-bedroom flat · SO23 0AL
Sold STCListed 284 days
Opportunity summary
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About
A first class and unique apartment located in the heart of Winchester City Centre.
A fantastic bespoke top floor penthouse in Capitol House, offering far reaching city views and located a stone's throw from the vibrant High Street and high end restaurants.
The development resembles a smart upmarket hotel, with attractive communal areas and a real sense of community.
Winchester Cathedral, the Guild Hall and St Giles Hill are on the doorstep, providing a most inviting immediate environment for socialising and weekend walks.
The layout consists of an open plan living area with a dining area and separated kitchen.
The apartment is all electric, and the kitchen has a modern induction AEG hob, integrated washing machine, dishwasher & fridge freezer, with plenty of preparation space.
Velux windows throughout the property flood the space with natural light.
Both double bedrooms benefit from a stylish tiled ensuite shower room, and there is generous storage along the eaves, and a smartly fitted wardrobe in the main bedroom.
A real feature of the apartment is a private balcony terrace with boasts far reaching city views, and plenty of space for outside dining.
Facing southerly, the terrace receives sun for the majority of the day and really is a most rare feature in such a central city centre location.
The catchment All Saints Ce Primary & Westgate Secondary School are located a short distance away, and routes towards Southampton and towards London are within straight forward reach.
A stroll up the High Street will reach the Train Station, University and Hospital.
Our sellers currently rent two convenient parking spaces for £1,200 per annum from the freeholder, an arrangement which many flats share, and works well.
The location of the spaces is very convenient for access to the flat and is let out long term.
Additional Information Lease: 125 Years From 2019 (118 Years Remaining) Ground Rent: £346 PA Service Charge: £1,858 PA Parking: Arranged via Freeholder Utilities: Mains Electricity Mains Water - Metered Drainage: Mains Broadband: Refer to Ofcom website Mobile Signal: Refer to Ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk Council Tax Band: D Kitchen Area 2.56m (8'5) max x 2.33m (7'8) max Lounge Diner 7.06m (23'2) max x 3.09m (10'2) max Bathroom Bathroom Balcony / Terrace 7.39m (24'3) max x 2.86m (9'5) max Bedroom 1 3.14m (10'4) max x 2.36m (7'9) max Bedroom 2 2.54m (8'4) max x 2.43m (8') max ALL MEASUREMENTS QUOTED ARE APPROX.
AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER.
YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
VIEWING Strictly through the vendors agents GOADSBY DRAFT DETAILS We are awaiting verification of these details by the seller(s). OPENING HOURS MON - FRI 8:45AM - 5:30PM, SAT 8:45AM - 5:00PM
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.
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