Key info
6Bedrooms
2Bathrooms
130 sqmSize
Property description
Strategy: HMO
Substantial compliant six-bedroom HMO positioned perfectly in West Hill Park, just moments from the main Winchester University campus, town centre and hospital!
The house was refurbished fully in 2020 and has been maintained to a high standard, to provide six stunning furnished bedrooms, all furnished with beds, wardrobes, desks and chairs, and draws which can be included in the sale for ease. The communal areas are very spacious, with a generous full length living/dining room with rear conservatory, allowing lots of light, smart fitted kitchen with all appliances and two modern shower rooms.
Externally, to the front of the house, is off-road parking for two cars. To the rear is a spacious garden with raised decking. Beautiful views across Winchester further benefit this large sharer HMO, in an ideal spot for all rental markets.
Currently achieving a gross rent of £3,520 per month, which is a strong 8.12% gross ROI and net 11.89% on cash return after mortgage interest and management fees!
Tenancy until end of July 2025, with a new tenancy in place agreed at £3,300 net per month making a 13.92% return on deposit at asking price! Perfect for a new or experienced investor!
Sourced reference: 160784735
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Sales Agent
Martin & Co
Winchester
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