Available
Guide Price £1,100,000 (Freehold)

Winchester, SO23

15 BEDROOM House

A substantial investment opportunity in the heart of Winchester city centre - 15 bedrooms currently let on a short term basis, at a gross of £125,820 (including bills) across two buildings.

key features
  • 15 Bedrooms & 11 Bathrooms
  • Central Winchester Location
  • Double Glazing & Gas Central Heating
  • Investment Opportunity
  • Westgate School Catchment
  • Communal Areas
  • Scope For Further Re-Configuration (Subject to Planning Consents)
ARRANGE VIEWING
ABOUT THE PROPERTY

Located moments from Winchester High Street, theatre, library and train station, this is a super opportunity to acquire an investment in a highly sought after area, with a successful lettings history over many years. 17 North Walls is set up with 9 bedrooms, let out on a short term basis, currently achieving a gross return of £83,100 (inclusive of bills). 17A North Walls is accessed via an under croft from the front of the building, was constructed in 2018 and is a handsome modern building positioned at the end of the garden. This has 5 further rooms, currently achieving a gross annual income of £42,720 (inclusive of bills). Both properties currently hold HMO licences.

Both buildings are double glazed, with gas central heating and there is a good sized garden in the middle for socialising. One bedroom may be downgraded in due course due to size, reducing to 14 bedrooms. Both properties are currently under the same title, with separate EPCs and each has a different council tax band. Please contact Goadsby for further information, and to arrange a viewing.

Broadband: Refer to ofcom website www.ofcom.org.uk/phones-and-broadband

Mobile Signal: Refer to ofcom website www.ofcom.org.uk/phones-and-broadband

Flood Risk: For more information refer to gov.uk, check long term flood risk www.gov.uk/check-long-term-flood-risk

Additional Information

Tenure: Freehold

Parking: Permit Parking

Utilities:

Mains Electricity

Mains Gas

Mains Water

Drainage: Mains

Council Tax Band: F for 17, and C for 17A

ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS and 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.
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Andrew Mathys
Associate Director
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Winchester
45 Jewry Street Winchester SO23 8RY
customer rating
4.8 out of 5 (426 Reviews)
Lettings
01962 620444
Monday - Friday 9.00am - 5.30pm
Saturday 9:00am - 4pm