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This property was removed from Dealsourcr.

5 Bed HMO, Winchester, SO22 4EQ £400,000

Wavell Way, Stanmore, Winchester, SO22 4EQ - 9 views - a year ago
  1. Deal Search
  2. Winchester
  3. SO22
  4. SO22 4EQ
Sold STC
HMO
ROI: 3%
~178 m²

ValuationUndervalued

This may not be accurate, please check manually.

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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 £400,000

September 18, 2024

Sold for £275,000

2014

Floor Plans

Description

  • 5 double bedroom semi detached house +
  • Sold as a going concern with tenancy until summer 2025 +
  • ROI of 8.25% and 16.8% net yield on investment +
  • Licensed and compliant HMO +
  • Well maintained and managed +
  • Popular rental location +
  • Next to local amenities +
  • 2 high quality bathrooms +
  • Free on street parking +
  • Furniture and fittings included with sale +

Excellent investment opportunity. Pre-tenanted high yielding HMO property.

This spacious and compliant 5 bedroom HMO is currently rented until summer 2025 for a net rent of £2,750 per month! That's a gross ROI of 8.25% and 16.8% net yield on investment!

In a fantastic and popular location of Stanmore, with easy access to University, hospital, local shops and the city. Sold as a going concern, fully furnished and fittings included, this represents income from day 1 of ownership.

The property is very well presented having in recent years been thoroughly refurbished. The house benefits from a large modern kitchen with white goods included. 5 Large double bedrooms and modern style throughout. Previously extended and including 2 bathrooms, making it a popular rental option!

Free on street parking for residents and conveniently next to local amenities.

Call Martin & Co today to discuss your next investment!

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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Cashflows

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