4 Bed HMO, Winchester, SO23 0NZ £345,000

14 Firmstone Road, Winchester, Hampshire, SO23 0NZ - 9 days ago
HMO
Inside Article 4
83

Property History

Listed for £345,000

January 16, 2026

Sold for £140,000

2001

Sold for £70,500

1997

Floor Plans

Description

  • Modern, Recent Furniture Throughout +
  • Sold with Tenants in Situ or can be Vacant From Summer 2026 +
  • 3-4 Bedroom HMO +
  • Fully Fitted Kitchen With Appliances +
  • Spacious Rear Garden +
  • Achieving £1,800 Net PCM +
  • Close to Local Shops +
  • Strong Return on Deposit +
  • Very Well Maintained and Managed +
  • Popular Rental Property +

The property is currently let to three students at £1,800 net per calendar month, delivering a strong gross ROI of 6.26% and an impressive 10.54% net return on deposit. The property can also be sold vacant from August 2026, making it suitable for both investors and owner-occupiers.

The accommodation is well laid out and highly flexible. It currently comprises three generous double bedrooms, along with an additional single room that is ideal for use as a study or storage space. With minor reconfiguration, this smaller room can be extended to create a fourth full-sized bedroom, increasing the achievable rental income. Possibility to convert even further to a 5 bed HMO without major works!

A particularly attractive feature is the large ground-floor bedroom, which is fully compliant for a couple let. This configuration makes the property highly desirable among student and sharer groups and supports strong ongoing demand and rental performance.

Located within a popular residential part of Winnall, the house is sold fully furnished and benefits from a fully fitted kitchen with all appliances included, allowing for a smooth and immediate continuation of the existing tenancy if required.

Externally, the property offers a rear garden and on-street permit parking. The area remains consistently popular due to its proximity to local amenities, Winchester city centre and motorways.

This is a versatile and high-performing investment with income in place, future uplift potential, and the option to revert to a family home. Opportunities with this level of flexibility in Winchester are rarely available!

Contact Martin & Co today to arrange your viewing.

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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