1 bedroom apartment for sale

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1 bedroom apartment for sale

Romsey Road, Winchester
£199,999

Price History

Initial price £210,000
26/09/24 £199,999
Price Change -4.76%

Description

This second-floor apartment is located in a prime position within walking distance to the town centre, train station, and other popular attractions. The property has been recently redecorated and is in good condition, making it an excellent investment opportunity. The current tenants are in situ until January 2025, paying £1,000 per month, generating a strong ROI of 5.7%. The property features a convenient entrance area, a bright and airy hallway, an open-plan kitchen/living room, a modern bathroom, and a separate double bedroom. With 89 years remaining on the lease, a low service charge, and no ground rent, this property offers a strong portfolio addition. Additionally, permit parking is available subject to availability.