2 Bed Flat, Single Let, Winchester, SO21 2FD, £230,000

Laura Close, Compton, Winchester, Hampshire, SO21 2FD - 3 views - a month ago

Leasehold
BTL
ROI: 5%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£155.5K - £580K
Sold Prices/m²£2.8K/m² - £4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£217,595

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£12,700

Total Cash In

£70,200

 

 

Cash Out

 

Rent Range

£1,250 - £1,500

Rent Estimate

£1,294

Running Costs/mo

£998

Cashflow/mo

£296

Cashflow/yr

£3,557

ROI

5%

Gross Yield

7%

Local Sold Prices

25 sold prices from £155.5K to £580K, average is £230K. £2.8K/m² to £4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£210K05/220 mi10, Laura Close, Compton, Winchester, Hampshire SO21 2FD2
£197K02/210 mi15, Laura Close, Compton, Winchester, Hampshire SO21 2FD2
£285K08/210.36 miFlat 6, Southdown Court, Southdown Road, Shawford, Winchester, Hampshire SO21 2BX2
£220K10/210.37 miFlat 5, Oakwood Lodge, Oakwood Close, Otterbourne, Winchester, Hampshire SO21 2EY2
£270K01/220.38 miFlat 8, Oakwood House, Oakwood Close, Otterbourne, Winchester, Hampshire SO21 2EX2
£275K10/210.38 miFlat 1, Oakwood House, Oakwood Close, Otterbourne, Winchester, Hampshire SO21 2EX2
£230K06/210.38 miFlat 5, Oakwood House, Oakwood Close, Otterbourne, Winchester, Hampshire SO21 2EX2
£250K06/210.38 miFlat 4, Oakwood House, Oakwood Close, Otterbourne, Winchester, Hampshire SO21 2EX2
£303K11/200.51 miFlat 1, The Malms, Shawford Road, Shawford, Winchester, Hampshire SO21 2BG2
£580K02/230.51 miFlat 6, The Malms, Shawford Road, Shawford, Winchester, Hampshire SO21 2BG2
£227.5K02/210.58 mi5, Old Parsonage Court, Otterbourne, Winchester, Hampshire SO21 2EP2
£215K06/220.59 mi5, Old Parsonage Court, Otterbourne, Winchester, Hampshire SO21 2EP2
£330K12/210.79 miFlat 9, The Malms, Shawford Road, Shawford, Winchester, Hampshire SO21 2BG2
£235K12/220.84 miFlat 2, Otterbourne House, Main Road, Otterbourne, Winchester, Hampshire SO21 2EQ2
£295K12/210.86 miFlat 5, Otterbourne House, Main Road, Otterbourne, Winchester, Hampshire SO21 2EQ2
£346K02/211.09 miFlat 4, Colleton House, High Street, Twyford, Winchester, Hampshire SO21 1RH2
£240K08/211.14 miFirst Floor Flat, 2, High Street, Twyford, Winchester, Hampshire SO21 1NH2
£194K07/221.38 mi21, Orchard Close, Colden Common, Winchester, Hampshire SO21 1ST2
£213.5K06/211.47 mi5, Fernhurst Close, Colden Common, Winchester, Hampshire SO21 1FN2
£250K09/221.47 mi6, Fernhurst Close, Colden Common, Winchester, Hampshire SO21 1FN2
£190K11/201.62 mi23, Francis Copse, Colden Common, Winchester, Hampshire SO21 1NG2
£155.5K11/201.79 miFlat 8, Freshwater Court, Kingsway, Chandler's Ford, Eastleigh, Hampshire SO53 5DY2
£180K01/231.91 mi4, Kingsway Court, Chandler's Ford, Eastleigh, Hampshire SO53 1FG2
£172K03/211.91 mi10, Kingsway Court, Chandler's Ford, Eastleigh, Hampshire SO53 1FG2
£190K03/211.94 miFlat 3, Osborne Mews, Allbrook Hill, Eastleigh, Hampshire SO50 4JQ2

Local Rents

16 rents from £1.3K/mo to £1.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,35009/240 miLaura Close, Compton, Winchester, Hampshire, SO212
£1,30003/240.35 mi-2
£1,30009/240.35 mi-2
£1,35002/250.35 mi-2
£1,30012/240.35 mi-2
£1,30004/250.35 mi-2
£1,50003/250.35 mi-2
£1,30009/240.35 miSouthdown Road, Shawford, SO212
£1,37506/240.35 mi-2
£1,37509/240.35 mi-2
£1,35011/240.35 mi-2
£1,25002/240.38 mi-2
£1,30009/240.38 mi-2
£1,25009/240.41 miOakwood Close, Otterbourne, Winchester, Hampshire, SO212
£1,47505/240.42 mi-2
£1,40009/240.42 miBishops Retreat, Shawford, SO212

Local Area Statistics

Population in SO21

19,762

Population in Winchester

70,379

Town centre distance

3.47 miles away

Nearest school

0.20 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-34%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £230,000

March 15, 2025

Floor Plans

Description

  • STUNNING GROUND FLOOR APARTMENT +
  • RESIDENT PARKING +
  • TWO SPACIOUS BEDROOMS +
  • SOUGHT AFTER LOCATION +
  • LOVELY GARDEN SPACE +
  • NEARBY TRANSPORT LINKS +

Morris Dibben is proud to present this beautiful two-bedroom ground floor apartment, situated in the sought-after area of Compton. Offering well-presented accommodation throughout and a highly desirable location, this property is an excellent opportunity for first-time buyers, investors, or those looking to downsize.

The apartment features two spacious double bedrooms, both offering comfort and plenty of natural light. The bright and airy living room provides a welcoming atmosphere and benefits from direct access to a private garden space, creating the perfect setting for relaxation or entertaining. The well-sized kitchen offers ample storage and space for all white goods, while the modern family bathroom is tastefully fitted to a high standard.

Externally, the property benefits from allocated parking, providing added convenience and security.

Located in the highly desirable village of Compton, the property enjoys a peaceful setting while offering easy access to Winchester, Southampton, and the M3 motorway. Compton provides a range of local amenities, including charming pubs, shops, and scenic countryside walks. The area is also well-served by excellent transport links and reputable schools, making it an ideal location for families and professionals alike.

This charming ground floor apartment offers a blend of comfort, convenience, and location – early viewing is highly recommended.

Agent Details

Morris Dibben, Chandler's Ford

0238 254 4457

Next Steps?

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