Cromwell Road
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
4
- BATHROOMS
1
- SIZE
1,047 sq ft
97 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
- 4 Bedroom Semi Detached HMO
- Great Location for Town and University of Winchester
- 4 Good Sized Double Bedrooms
- Sizable Driveway for Off Road Parking
- Fully Furnished Throughout, Included with Sale
- Strong Rental History
- Potential to Increase Value
- On-Street Permit Parking
- Gas Central Heating
- Strong ROI Potential
Description
The property is presented in good condition throughout and is situated in the popular rental area of Stanmore, ideal for professional sharers, commuters, and students. Its close proximity to Winchester city centre and the University has made it a consistently let student property for many years, being just a short walk from the main campus.
The ground floor comprises a very large double bedroom, a separate kitchen, and a separate lounge, providing excellent communal and social space for tenants. The kitchen is fully equipped and sold with all appliances included, and a separate ground floor WC further adds to the practicality and appeal for sharers.
The first floor offers three further double bedrooms, all fully furnished with double beds and ample space. The bathroom is currently in fair condition and includes a shower over bath.
All rooms are sold with furniture included, and the presence of four double bedrooms is a rarity in the market, making this a particularly strong rental option. There is also an opportunity to increase value and rental income through general cosmetic improvement or the addition of an en-suite.
To the rear is a large, low-maintenance garden, ideal for tenant use.
The property is compliant to HMO standards and benefits from Article 4 exemption, allowing continued HMO use with ease. Located on Cromwell Road, Stanmore, Winchester, the property is well positioned for local workers, commuting professionals, and students, with nearby amenities and public transport links contributing to its consistent rental demand.
Further benefits include a driveway and permit parking - a significant advantage in an area where parking is limited - further enhancing rental appeal.
At an expected net rent of approximately £2,250 PCM, the property represents a strong net return on deposit of approximately 14.63%, making this an ideal addition to, or start of, a property investment portfolio. There is also potential for higher achievable rent with light refurbishment or en-suite installation.
Call Martin & Co today!
- 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.
- Band: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street,Permit,Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Cromwell Road
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Visit our security centre to find out moreDisclaimer - Property reference 100540006048. 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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