Stuart Crescent, Winchester

This well-proportioned four-bedroom HMO property on Stuart Crescent is being sold with a tenancy in situ at £2,400 PCM (plus bills) until summer 2027, providing investors with immediate income and long-term security.

The property is presented in good condition throughout and is situated in the highly popular rental area of Stanmore, ideal for professional sharers, commuters, and students. Its close proximity to Winchester city centre and the University of Winchester has made it a consistently let student property for many years, with the main campus just a short walk away.

The ground floor currently comprises of a very large double bedroom, a separate sitting room, and a kitchen/dining room, providing excellent communal and social space for tenants. The layout lends itself very easily to reconfiguration, offering clear potential to convert the property into a five-bedroom HMO, which would significantly increase rental income and overall yield. The kitchen is fully equipped and sold with all appliances included, and there is also a separate ground floor WC, which is particularly practical for sharers.

The first floor offers three further double bedrooms, all fully furnished with double beds and ample space, along with a bathroom fitted with 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 investment. With the potential to convert to five bedrooms, there is clear scope to further increase value and rental income through light refurbishment, reconfiguration, or the addition of an en-suite.

To the rear is a large, low-maintenance garden, ideal for tenant use and attractive for student or professional sharers.

The property is compliant with HMO standards and benefits from Article 4 exemption, allowing continued HMO use with ease. Stuart Crescent 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.

With a current rental income of £2,400 PCM plus bills and further potential to increase income through conversion to five bedrooms, the property represents a strong, ready-made investment and would make an ideal addition to any property portfolio.