Standout Features
- 5 Bedroom Licensed HMO
- Large Rear Garden
- 2 Bathrooms with 1 En-suite
- Driveway and Free On Street Parking
- Large Modern Kitchen Diner
- Room Let Compliant
- Close to Winchester University and Hospital
- Going Concern with Strong Rental History
- Good Sized Bedrooms
- Well Maintained and Managed
Property Description
A fantastic opportunity to acquire a fully licensed and compliant HMO in one of Winchester's most established rental locations, offered for sale with tenants in situ and producing a gross rental income of over £3,100 per calendar month once fully occupied.
The property is currently operated on a room-by-room basis and is being sold partially let, with the remaining rooms actively being filled. It benefits from an excellent letting history and consistently strong demand, making it an ideal addition to an established portfolio or an attractive first HMO investment.
The accommodation extends to approximately 946 sq ft (87.9 sq m) and comprises five letting rooms arranged over two floors. The property offers a spacious communal kitchen, two shower/bathroom facilities, and a practical layout designed to maximise rental demand while providing comfortable living accommodation for tenants. One of these is a spacious ensuite room meaning this property caters to all tenant types and budgets.
Ideally situated within easy reach of the University of Winchester, Royal Hampshire County Hospital, the city centre and mainline railway station, the property continues to attract a broad tenant base including students and young professionals.
Presented in good decorative order throughout, the property has been well maintained and requires little immediate expenditure, allowing a purchaser to benefit from income from day one. The combination of a proven rental history, strong achievable income and compliant status provides an excellent turnkey investment.
The property is currently operated on a room-by-room basis and is being sold partially let, with the remaining rooms actively being filled. It benefits from an excellent letting history and consistently strong demand, making it an ideal addition to an established portfolio or an attractive first HMO investment.
The accommodation extends to approximately 946 sq ft (87.9 sq m) and comprises five letting rooms arranged over two floors. The property offers a spacious communal kitchen, two shower/bathroom facilities, and a practical layout designed to maximise rental demand while providing comfortable living accommodation for tenants. One of these is a spacious ensuite room meaning this property caters to all tenant types and budgets.
Ideally situated within easy reach of the University of Winchester, Royal Hampshire County Hospital, the city centre and mainline railway station, the property continues to attract a broad tenant base including students and young professionals.
Presented in good decorative order throughout, the property has been well maintained and requires little immediate expenditure, allowing a purchaser to benefit from income from day one. The combination of a proven rental history, strong achievable income and compliant status provides an excellent turnkey investment.
Additional Information
Tenure:
Freehold
Council Tax Band:
C
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Chatham Road , Stanmore
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