Minden Way, Winchester
MA

Minden Way, Winchester

By Martin & Co

£ 355,000

Reviews

3 out of 5 stars

Martin & Co says ..

Fantastic Five-Bedroom Compliant HMO Semi Detached House. Well maintained and in good condition. Located Just 10-Minutes From Winchester City Centre and Winchester University, sold as a going concern with a tenancy in place for a net £1,925.00 per month on a long term company let. Represent...

Property Oracle says ..

This five-bedroom semi-detached property in Winchester, Hampshire, is presented as a potential investment opportunity, likely aimed at the student rental market given its location and description. The property benefits from its proximity to Winchester city centre and the university, making it attractive to students. The listing explicitly mentions its suitability as a HMO (House of Multiple Occupancy), highlighting the potential for rental income.

The interior of the property shows a mix of features. The kitchen seems recently renovated, featuring modern cabinets and appliances. Other rooms appear functional but in need of some cosmetic improvements. Some bedrooms have a modern feel with fresh wall paint, while others show wear and tear. The overall condition is acceptable, not needing immediate major repairs, but some updating is advisable to enhance the aesthetic appeal and market value.

While the property includes a garden, its size appears modest and could benefit from landscaping to improve its curb appeal. The overall plot size is not clearly stated. The exterior of the property appears structurally sound but could benefit from a tidy-up.

The pricing of £355,000 should be considered in context of the Winchester property market, particularly for a five-bedroom property near the university and city centre. While not a luxury property, it may be considered good value considering its investment potential as an HMO. However, a thorough property survey and investigation into rental market conditions are recommended to determine the suitability and overall value for potential investors or buyers. Lack of precise square footage data for comparable properties makes a precise valuation difficult.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
5
Bathrooms
1
Sqft (est)
1,029.03

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
722,857.00 £
Increased by 68.73 %
from 428,422.00 £
Est sale value
640,056.66 £
Increased by 82.94 %
from 349,870.20 £
Average area rental value
1,615.00 £/mo
Increased by 39.10 %
from 1,161.00 £/mo
Est letting value
1,029.03 £/mo
from 0.00 £/mo
Est rental Yield
2.68 %
Decreased by 17.54 %
from 3.25 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Martin & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
St Peter'S Catholic Primary School, WinchesterVoluntary Aided SchoolOutstanding0.43 KM
The Carroll Children'S CentreChildren's Centre Linked Site0.69 KM
Kings' SchoolCommunity SchoolOutstanding0.77 KM
Olivers Battery Primary SchoolCommunity SchoolGood0.98 KM
Stanmore Primary SchoolCommunity SchoolRequires improvement1.69 KM

Images

sketch_Ph2_518613... sketch_Ph7_518614... sketch_Ph9_518614... sketch_Ph13_51861... sketch_Ph16_51861... sketch_Ph1_518613... sketch_Ph8_518614... sketch_Ph11_51861... sketch_Ph10_51861... sketch_Ph6_518614... sketch_Ph18_51861... sketch_Ph20_51861... sketch_Ph17_51861... sketch_Ph5_518614... sketch_Ph19_51861... sketch_Ph12_51861... sketch_Ph14_51861... sketch_Ph15_51861... sketch_Ph4_518614... sketch_Ph3_518614...

Nearby Streets

NameAverage PriceAverage SqftDistance
Queens Mead £ 1,150,00000.00 KM
Ridgeway £ 000.00 KM
Kilham Lane £ 1,150,00000.00 KM
Kings Road £ 1,050,00000.00 KM
Old Romsey Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Winchester5924WIN3.01 KM
Shawford5929SHW3.81 KM
Chandlers Ford5836CFR9.02 KM
Eastleigh5899ESL9.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Minden Way, Winchester £ 355,000BUY6 / 100.00 KM
Walpole Road, Winchester, Hampshire, SO22 £ 320,000BUY6 / 100.12 KM
Stanmore £ 375,000BUYUnknown0.13 KM
Fox Lane, Winchester, SO22 £ 375,000BUY6 / 100.13 KM
Stanmore £ 325,000BUY7 / 100.14 KM

Nearby Properties

AddressPriceDistance
3 Minden Way £ 525,0000.00 KM
21 Minden Way £ 300,0000.00 KM
20 Minden Way £ 155,0000.00 KM
23 Minden Way £ 320,0000.00 KM
16 Minden Way £ 177,5000.00 KM