Standout Features
- Compliant 6 Good Sized Bedroom HMO or Spacious Family Home
- 18.48% Gross Return on Deposit
- Full Furnishing Throughout Included
- Excellent Location For Both University and Town
- High Demand Area for Students and Professionals
- Good Condition Throughout
- Very Well Maintained and Managed
- Fitted Kitchen with White Goods Included
- Off-Road Parking To The Front
- Beautiful Views Across Winchester
Property Description
Substantial compliant six-bedroom HMO positioned perfectly in West Hill Park, just moments from the main Winchester University campus, town centre and hospital!
The house was refurbished fully in 2020 and has been maintained to a high standard, to provide six stunning furnished bedrooms, all furnished with beds, wardrobes, desks and chairs, and draws which can be included in the sale for ease. The communal areas are very spacious, with a generous full length living/dining room with rear conservatory, allowing lots of light, smart fitted kitchen with all appliances and two modern shower rooms.
Externally, to the front of the house, is off-road parking for two cars. To the rear is a spacious garden with raised decking. Beautiful views across Winchester further benefit this large sharer HMO, in an ideal spot for all rental markets.
Currently achieving a gross rent of £3,520 per month, which is a strong 8.12% gross ROI and net 11.89% on cash return after mortgage interest and management fees!
Tenancy until end of July 2025, with a new tenancy in place agreed at £3,300 net per month making a 13.92% return on deposit at asking price! Perfect for a new or experienced investor!
The house was refurbished fully in 2020 and has been maintained to a high standard, to provide six stunning furnished bedrooms, all furnished with beds, wardrobes, desks and chairs, and draws which can be included in the sale for ease. The communal areas are very spacious, with a generous full length living/dining room with rear conservatory, allowing lots of light, smart fitted kitchen with all appliances and two modern shower rooms.
Externally, to the front of the house, is off-road parking for two cars. To the rear is a spacious garden with raised decking. Beautiful views across Winchester further benefit this large sharer HMO, in an ideal spot for all rental markets.
Currently achieving a gross rent of £3,520 per month, which is a strong 8.12% gross ROI and net 11.89% on cash return after mortgage interest and management fees!
Tenancy until end of July 2025, with a new tenancy in place agreed at £3,300 net per month making a 13.92% return on deposit at asking price! Perfect for a new or experienced investor!
Additional Information
Tenure:
Freehold
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West Hill Park, Winchester
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