Cromwell Road, Winchester

£370,000 | Available

5 bedroom House For Sale

or call 01962 843346
Standout Features
Property Description
This substantial and high-performing five-bedroom HMO investment property is offered with tenants in situ, delivering immediate income. Fully compliant for both groups and individual rooms, already operating on a room-by-room basis, the property represents an excellent opportunity for investors seeking a strong yield in a proven rental location.

Positioned in the ever-popular Stanmore area of Winchester, the property is ideally suited to professional sharers and students, benefiting from close proximity to the University of Winchester, the city centre, and excellent transport links. The area has a long-standing reputation for consistent rental demand, making it a reliable choice for landlords.

The ground floor comprises two well-proportioned double bedrooms, alongside a separate kitchen and a dedicated sitting room, creating a practical balance between private and communal living space. The kitchen is fully equipped and sold with all appliances included, while the separate lounge provides valuable shared space for tenants.

The first floor offers three further bedrooms, including two good-sized doubles and a fifth smaller bedroom, allowing the property to operate effectively as a five-bedroom HMO. The bathroom is fully functional and includes a shower over bath, with scope for improvement to further enhance rental appeal.

Externally, the property benefits from a generous, low-maintenance rear garden, ideal for tenant use. A standout feature is the large private driveway, providing ample off-road parking - a significant advantage in this location and highly desirable for tenants.

The property is fully compliant with HMO regulations and is currently let on a room-by-room basis, maximising rental income. There remains clear potential to further enhance value and returns through cosmetic improvements or the addition of en-suite facilities, subject to the necessary consents and plans.

Situated on Cromwell Road in Stanmore, the property is perfectly positioned to attract a wide tenant base, including students, healthcare workers, and commuting professionals, supported by nearby amenities and transport connections.

With strong existing income and further upside potential, this is an ideal addition to an established portfolio or a compelling first investment.

Additional Information
Tenure:
Freehold
Council Tax Band:
C

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Cromwell Road, Winchester

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