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Cromwell Road, Winchester

PROPERTY TYPE

Semi-Detached

BEDROOMS

5

BATHROOMS

1

SIZE

915 sq ft

85 sq m

TENURE
Describes 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

  • Five Bedroom Semi-Detached HMO
  • Compliant and Licensed HMO
  • Good Condition Throughout
  • Large Driveway
  • Strong Rental Location
  • Good Rental History
  • Short Distance From the University, Hospital and Town Centre
  • Sold as a Going Concern
  • Sold With All Furniture and Fittings Included
  • Potential to Increase Value with Decorative Works

Description

This substantial and high-performing five-bedroom HMO investment property is offered with tenants in situ, delivering immediate income. Fully compliant for both groups and individual rooms, already operating on a room-by-room basis, the property represents an excellent opportunity for investors seeking a strong yield in a proven rental location.

Positioned in the ever-popular Stanmore area of Winchester, the property is ideally suited to professional sharers and students, benefiting from close proximity to the University of Winchester, the city centre, and excellent transport links. The area has a long-standing reputation for consistent rental demand, making it a reliable choice for landlords.

The ground floor comprises two well-proportioned double bedrooms, alongside a separate kitchen and a dedicated sitting room, creating a practical balance between private and communal living space. The kitchen is fully equipped and sold with all appliances included, while the separate lounge provides valuable shared space for tenants.

The first floor offers three further bedrooms, including two good-sized doubles and a fifth smaller bedroom, allowing the property to operate effectively as a five-bedroom HMO. The bathroom is fully functional and includes a shower over bath, with scope for improvement to further enhance rental appeal.

Externally, the property benefits from a generous, low-maintenance rear garden, ideal for tenant use. A standout feature is the large private driveway, providing ample off-road parking - a significant advantage in this location and highly desirable for tenants.

The property is fully compliant with HMO regulations and is currently let on a room-by-room basis, maximising rental income. There remains clear potential to further enhance value and returns through cosmetic improvements or the addition of en-suite facilities, subject to the necessary consents and plans.

Situated on Cromwell Road in Stanmore, the property is perfectly positioned to attract a wide tenant base, including students, healthcare workers, and commuting professionals, supported by nearby amenities and transport connections.

With strong existing income and further upside potential, this is an ideal addition to an established portfolio or a compelling first investment. 
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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, Winchester

Approximate location

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Extension potential
Recently sold & under offer
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About Martin & Co, Winchester

64 Parchment Street Winchester SO23 8AT
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

Our approach is all about you! At Martin & Co we have over 25 years experience dealing with property. Whether a landlord, tenant, buyer, seller or and/or an investor, our customers can tailor our Letting and Estate Agency packages to suit their needs.

We have just under 200 offices throughout the UK ready to help you let a property, rent a new home, buy or sell. Contact your local Martin & Co office to see how they can help you.

Sellers

Martin & Co has been selling houses since 1986. In summer 2012 we launched our new Subscription Sales Service - we provide a 0% sales commission service and the option of advertising on Rightmove and the Martin & Co website for a monthly subscription fee, alongside the Traditional Estate Agency model.

Buyers

Whether you are an existing landlord with Martin or Co and looking to increase your buy-to-let portfolio, new to the world of property, a first time buyer, or even an existing tenant, Martin & Co can guide you through purchasing your ideal property recognising the different requirements whether this is to be your home or an investment.

Landlords & Investors

Landlords when letting your property with Martin & Co you will benefit from the strength and awareness a national brand brings, in addition to having the opportunity and peace of mind to discuss your personal requirements with knowledgeable local business owners.

Tenants

At Martin & Co not only do we have a great choice of properties and expert knowledge of the local market, but we also go the extra mile to ensure that the entire process is as hassle free as possible. Property to rent does move quickly so it is best to register with your local Martin & Co office a month or so before you need to move into your new rented home.

Affordability

Monthly repayments£1,856
Property: £ 370,000
Deposit: £ 37,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference 100540005296. 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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