Romsey Road, Winchester
- PROPERTY TYPE
Terraced
- BEDROOMS
7
- BATHROOMS
3
- SIZE
2,067 sq ft
192 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Six Large Double Bedrooms HMO + 1 Bed Flat
- Spacious Modern Kitchen with White Goods Included
- Sold as a Going Concern
- Tenanted Until Summer 2026
- Private Off Road Parking
- High ROI
- Optimal Rental Locatiom
- High Quality Modern Finish Throughout
- Convenient and Premium Romsey Road Location
- Opportunity to Avoid Majority of Stamp Duty
Description
2 properties in one.
The first being a high quality 6 bedroom HMO, currently rented for gross income of £4,080 per month/ £48,960 PA until summer 2025, with an incoming tenancy until 2026 for a gross £4,420 per month/ £53,040!
Comprised of 6 well sized double bedrooms, all in good decorative order and sold with furnishings included. 2 large and high quality full bathrooms with double walk in showers.
Separate high quality lounge space and kitchen, providing tenants with a well located and top quality condition rental experience, just a stones through from University, Hospital, Town Centre and Train Station.
The property also benefits from allocated private off road parking to the rear.
The second property being a separate basement flat comprised of kitchen diner/ lounge space and separate large bedroom. All to a high specification with white goods included with a rental in place until late 2025 for a gross rent of £1300 with room for increase.
Totalling an upcoming income of a gross £68,640 per annum, representing an 8% gross ROI with all the perks of confidence in letting interest being so well maintained and located.
The property is also available to purchase in an SPV limited company, meaning over £60,000 in stamp duty costs can be saved!
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Romsey Road, Winchester
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Visit our security centre to find out moreDisclaimer - Property reference 100540005405. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Winchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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