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See how verdicts work2-bedroom flat · SO23 9EH
No longer listedListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Graham & Co are delighted to present to market this sharp and elegant two bedroom flat, located in a beautifully converted period building. Sold with no onward chain.
Converted from a stunning period building, this immaculate two-bedroom, two-bathroom first floor apartment offers refined living in the heart of the city.
The stylish apartment provides contemporary and practical living, with the open plan kitchen/diner flowing seamlessly into the cosy living area.
Ample work surfaces accompany integrated appliances and excellent storage in the kitchen. The two bedrooms both benefit from ensuite facilities with shower and bath respectively.
A further cloakroom and storage cupboard from the hallway provide comfort and convenience.
Located on the first floor, the apartment benefits from a westerly aspect from the three Juliet balconies and an allocated undercover car parking space, with convenience to the lift.
There is secure intercom access from Southgate Street. The sale of Devenish House benefits from no onward chain.
Winchester The historic city of Winchester is located on the doorstep, providing numerous shops, boutiques, coffee shops, fine restaurants and contemporary bars, as well as the famous Cathedral, beautiful Water Meadows and numerous other cultural amenities.
Devenish House is located within 0.6 miles of the railway station with direct trains to London Waterloo take approximately an hour.
Further transport links are excellent, with easy access to the A34, M3 and M27.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 4 Devenish House, 49, Southgate Street, Winchester
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