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4 bedroom terraced house for sale
Romsey Road, Winchester
£385,000
Romsey Road, Winchester
£385,000
Price History
Initial price | £425,000 |
31/05/24 | £400,000 |
08/08/24 | £385,000 |
Price Change | -9.41% |
Description
This is a fantastic investment opportunity for a Victorian Terrace house in a popular rental location, situated across the road from the town centre and university. The property is fully compliant as a HMO and has a tenancy in place until summer 2024, with an estimated rental market value of £2,250-£2,400 per calendar month. The property has four generous bedrooms, a spacious and fully fitted kitchen, and a well-kept rear garden and patio with permit parking option available. The property is sold with all furniture and fittings included, ready to let, and has a successful long lettings record. With the potential to convert into a 5-bed property, the rental value could increase to £2,750-£3,000+ per month, making it a highly profitable investment opportunity.