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Wychwood Place, Winchester

PROPERTY TYPE

Ground Flat

BEDROOMS

2

BATHROOMS

1

SIZE

681 sq ft

63 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

  • 2 Bedroom Ground Floor Apartment
  • Recent High Quality Refurbishment Throughout
  • Sold With Tenants in Situ
  • Strong Rental Income of £1,600 PCM
  • Modern Build Approx 2006
  • Lease of Over 100 Years Remaining
  • Allocated Parking and Visitor Spaces
  • Direct Access to Well Maintained Communal Gardens
  • Maximised EPC Rating of 79/79 - C
  • Combined Annual Charges of Approx £3,400 PA

Description

Situated within an attractive, purpose-built development constructed around 2003-2006, this exceptionally well-presented apartment offers approximately 668 sq ft of accommodation and has undergone a high-quality refurbishment throughout.

The property features a spacious open-plan kitchen, dining and living area, providing an excellent space for modern living. The kitchen offers ample storage and worktop space, whilst the living area benefits from French doors opening directly onto the communal gardens, a particularly attractive feature for a ground floor apartment.

There are two well-proportioned bedrooms, including a generous principal double bedroom and a versatile second bedroom, currently arranged as a home office. The accommodation is completed by a beautifully refurbished contemporary bathroom, finished with striking blue tiling, modern fittings and a shower over the bath.

Externally, residents benefit from well-maintained communal gardens, offering valuable outdoor space, alongside the convenience of allocated parking.

An excellent ready-made investment

The apartment is currently let on a residential tenancy achieving £1,600 per calendar month (£19,200 per annum), providing an immediate income stream for an incoming investor.

With Winchester's consistently strong rental demand, particularly for well-presented two-bedroom apartments in convenient locations, the property represents an attractive, established investment opportunity with excellent long-term rental appeal.

The property also benefits from a lease with over 100 years remaining, combined annual charges of approximately £3,400 and a favourable EPC rating of C.

Location

Wychwood Place is conveniently positioned for access to Winchester city centre, with its excellent selection of shops, restaurants, cafés and amenities. Winchester's mainline railway station provides regular services towards London Waterloo and Southampton, whilst the nearby M3 and A34 offer excellent road connections.

Combining a high-quality modern interior, desirable ground floor position, allocated parking and an established rental income, this is an excellent opportunity for investors seeking a well-presented, income-producing property in Winchester. 
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: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
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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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Wychwood Place, Winchester

Approximate location

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Affordability

Monthly repayments£1,282
Property: £ 255,000
Deposit: £ 25,500
Interest rate: 5.35%
Term: 30 years
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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.
Renovation potential
Recently sold & under offer
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About Martin & Co, Winchester

64 Parchment Street Winchester SO23 8AT
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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 100540006568. 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.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.