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Chatham Road , Stanmore

PROPERTY TYPE

Semi-Detached

BEDROOMS

5

BATHROOMS

2

SIZE

947 sq ft

88 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

  • 5 Bedroom Licensed HMO
  • Large Rear Garden
  • 2 Bathrooms with 1 En-suite
  • Driveway and Free On Street Parking
  • Large Modern Kitchen Diner
  • Room Let Compliant
  • Close to Winchester University and Hospital
  • Going Concern with Strong Rental History
  • Good Sized Bedrooms
  • Well Maintained and Managed

Description

A fantastic opportunity to acquire a fully licensed and compliant HMO in one of Winchester's most established rental locations, offered for sale with tenants in situ and producing a gross rental income of over £3,100 per calendar month once fully occupied.

The property is currently operated on a room-by-room basis and is being sold partially let, with the remaining rooms actively being filled. It benefits from an excellent letting history and consistently strong demand, making it an ideal addition to an established portfolio or an attractive first HMO investment.

The accommodation extends to approximately 946 sq ft (87.9 sq m) and comprises five letting rooms arranged over two floors. The property offers a spacious communal kitchen, two shower/bathroom facilities, and a practical layout designed to maximise rental demand while providing comfortable living accommodation for tenants. One of these is a spacious ensuite room meaning this property caters to all tenant types and budgets.

Ideally situated within easy reach of the University of Winchester, Royal Hampshire County Hospital, the city centre and mainline railway station, the property continues to attract a broad tenant base including students and young professionals.

Presented in good decorative order throughout, the property has been well maintained and requires little immediate expenditure, allowing a purchaser to benefit from income from day one. The combination of a proven rental history, strong achievable income and compliant status provides an excellent turnkey 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.
On street,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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Chatham Road , Stanmore

Approximate location

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Affordability

Monthly repayments£1,881
Property: £ 375,000
Deposit: £ 37,500
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Martin & Co, Winchester

64 Parchment Street Winchester SO23 8AT
Industry affiliations:

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.

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Disclaimer - Property reference 100540006152. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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