Greyfriars, Eastgate Street, Winchester

£199,000 | SSTC

1 bedroom Flat Sold STC

or call 01962 843346
Standout Features
Property Description
A spacious one bedroom ground floor apartment in central Winchester. Excellent investment opportunity with tenancy in situ until August 2025. Located on Eastgate Street, and just a two minute walk to the Town Centre, this generous ground floor apartment comprises a large living room, good-sized double bedroom, and modern bathroom, alongside the fitted kitchen with white goods included in sale. Keenly located with lots of space in a competitive and highly in demand market! Remaining lease length of 84 years and minimal service charges and ground rent of approximately £550 per annum combined! Currently achieving a gross ROI of 6% with possibility to maximise with redecoration works. Possibility also to convert into a 2 bedroom. There is permit parking eligibility with the property. Only a short walk into the town centre, train station and local Universities!
Material Information
  • Tenure: Leasehold
  • Ground Rent: £5 per year
  • Service Charge: £500 per year
  • Council Tax Band: B

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Greyfriars, Eastgate Street, Winchester

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