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6 Bed HMO, Winchester, SO22 4ES, £300,000

91 Walpole Road, Winchester, Hampshire, SO22 4ES - 5 views - a year ago
  1. Deal Search
  2. Winchester
  3. SO22
  4. SO22 4ES

Sold STC
HMO
Cash
ROI: 2%
~111 m²

ValuationFair Value

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Links

  • More Deals in Winchester
  • More Deals in SO22
  • More HMO Deals
  • More HMO Deals in Winchester
  • More HMO Deals in SO22

Property History

Listed for £300,000

April 29, 2024

Sold for £185,000

2010

Floor Plans

Description

  • Excellent 12.48% ROI +
  • 6 Bedroom Compliant HMO +
  • Good Condition Throughout +
  • Let Until Summer 2025 +
  • 6 Good Sized Bedrooms +
  • Popular Rental Property +
  • Rear Extension +
  • Double Glazing and Gas Central Heating +
  • Steel Frame Construction +
  • Plenty of Parking +

Fantastic cash investor opportunity, let until Summer 2025 with an excellent 12.48% return!
Currently let as a fully compliant, licenced 6-bed HMO for £2,988 Gross until July 2024.Let from then until summer 2025 for £3,120 gross pcm.

This property, situated on Walpole Road in Stanmore, is in an excellent location for University of Winchester students and professionals - under a mile from the campus and close to town centre.

The property is in good repair throughout and well maintained. Good sized living room and kitchen with all appliances included.
6 good sized bedrooms, 3 on the ground floor and 3 further on the first floor.
The property benefits from double glazing and gas central heating.
To the rear of the property is a good sized garden with patio and lawn and plenty of space to park at the front.

The property is of steel frame, non-standard construction.
Best suited to a cash buyer. Mortgage finance available, via limited lenders, recommendations available, .

Agent Details

Martin & Co, Winchester

01962 587249

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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