Martin & Co says ..
Fantastic Five-Bedroom Compliant HMO Semi Detached House. Well maintained and in good condition. Located Just a Short Walk From Winchester City Centre and Winchester University. Sold as a going concern with a tenancy in place for a net £1,725.00 per month on a long term company let. Repres...
Property Oracle says ..
This five-bedroom semi-detached house in Stanmore Lane, Winchester, is presented as a potential investment opportunity due to its suitability as an HMO. The property’s location offers convenient access to Winchester City Centre and the University, making it attractive to students and professionals. Several primary and secondary schools are within walking distance or a short drive, making it a family-friendly option as well. The property appears to be in reasonable condition; the kitchen and bathroom are functional. However, potential buyers should note the property is being sold as a going concern, with an existing tenancy. Whilst this can be very attractive and a secure investment, buyers must take into account all the relevant aspects of existing tenancy agreements and legal compliance issues. Further, a lack of precise square footage and plot size data prevents an accurate assessment of its value per square foot and total land size. Overall, the property seems reasonably priced given its location and the number of bedrooms but further due diligence, including a physical inspection, is recommended before any purchase decision.
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
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Metrics Year-on-Year
- Average area value
- 722,857.00 £Increased by 68.73 %
- Average area rental value
- 1,615.00 £/moIncreased by 39.10 %
- Est rental Yield
- 2.68 %Decreased by 17.54 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co marked this listing as sold.
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Carroll Children'S Centre | Children's Centre Linked Site | 0.56 KM | |
| St Peter'S Catholic Primary School, Winchester | Voluntary Aided School | Outstanding | 0.60 KM |
| Kings' School | Community School | Outstanding | 0.80 KM |
| Olivers Battery Primary School | Community School | Good | 1.11 KM |
| Stanmore Primary School | Community School | Requires improvement | 1.55 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Queens Mead | £ 1,150,000 | 0 | 0.00 KM |
| Old Romsey Road | £ 0 | 0 | 0.00 KM |
| Ridgeway | £ 0 | 0 | 0.00 KM |
| Kings Road | £ 1,050,000 | 0 | 0.00 KM |
| Kilham Lane | £ 1,150,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Winchester | 5924 | WIN | 2.82 KM |
| Shawford | 5929 | SHW | 3.83 KM |
| Chandlers Ford | 5836 | CFR | 9.19 KM |
| Eastleigh | 5899 | ESL | 9.46 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Stanmore Lane, Winchester | £ 360,000 | BUY | 6 / 10 | 0.00 KM |
| Stanmore Lane, Winchester | £ 375,000 | BUY | 7 / 10 | 0.05 KM |
| Stanmore | £ 325,000 | BUY | 7 / 10 | 0.08 KM |
| Stanmore | £ 375,000 | BUY | Unknown | 0.08 KM |
| Stanmore Lane, Winchester, SO22 | £ 450,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 174 Stanmore Lane | £ 300,000 | 0.00 KM |
| 190 Stanmore Lane | £ 485,000 | 0.00 KM |
| 178 Stanmore Lane | £ 305,000 | 0.00 KM |
| 192 Stanmore Lane | £ 372,500 | 0.00 KM |
| 200 Stanmore Lane | £ 90,000 | 0.00 KM |