5 bedroom semi-detached house for sale

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5 bedroom semi-detached house for sale

Minden Way, Winchester
£375,000

Price History

Initial price £395,000
14/11/24 £375,000
Price Change -5.06%

Description

This fantastic five-bedroom semi-detached house is a well-maintained and compliant HMO property, located just a 10-minute walk from Winchester city centre and university. The property is currently generating a net income of £1,925 per month on a long-term company let, representing a 5.8% return on investment. With the option to remarket for a higher rent from next year, the potential gross return on investment could increase to 7.6%+. The property features five good-sized bedrooms, all fully furnished and ready to rent, as well as a large garden with patio space, a spacious kitchen, and separate communal and bathroom areas. The property is Article 4 compliant and fully licensed, making it an ideal investment opportunity for students, professionals, or company lets.