Romsey Road, Winchester

This substantial and well-arranged five-bedroom investment property is offered for sale with tenants in situ until summer 2026, presenting an excellent opportunity for investors seeking a strong, established rental property in one of Winchester's most sought-after central locations.

Situated on Romsey Road, the property is within easy reach of Winchester city centre, the railway station, the University of Winchester, and the Royal Hampshire County Hospital, making it highly attractive to students, hospital staff, and commuting professionals. Romsey Road is widely regarded as a prime rental location due to its central position and consistent demand.

The ground floor is well configured for shared living, comprising two double bedrooms, a separate kitchen, and a separate sitting room which provides comfortable communal space for tenants. The kitchen is fully fitted and sold with appliances included. There is also a ground floor bathroom fitted with a walk-in shower, offering added convenience for sharers and helping to ease pressure on the main upstairs bathroom.

The first floor provides three further bedrooms along with a main bathroom fitted with a bath and shower over. The layout, with bedrooms arranged across both floors and dedicated communal space, works particularly well for multi-occupancy and maximises rental potential.

All bedrooms are good sized double beds sold fully furnished, allowing the property to continue operating as a ready-to-let investment. Five large lettable bedrooms in such a central location are relatively rare, making this a particularly strong and reliable rental property. There is also scope to enhance both the value and rental income through cosmetic improvement or the addition of an en-suite to one of the larger bedrooms, subject to the necessary permissions.

To the rear of the property is a low-maintenance garden, providing useful outdoor space for tenants.

The property is compliant with HMO requirements with an active license, allowing continued use as a House in Multiple Occupation. Its central Romsey Road location ensures ongoing demand from students, hospital workers, and city professionals, supporting long-term rental stability.

With an expected net rental income of approximately £3,000 per calendar month, the property represents a strong net return on deposit of 17.45% with clear potential for future rental growth through light refurbishment or reconfiguration.