This spacious five-bedroom HMO property, currently tenanted, offers a solid foundation for investors looking to acquire an income-generating asset. With full compliance for both group and individual room rentals, it operates effectively on a room-by-room basis, presenting a reliable yield opportunity in a sought-after area.
Located in the desirable Stanmore area of Winchester, this property is ideally situated for professionals and students given its proximity to the University of Winchester and excellent transport links to the city centre. The high demand for rental properties in this region makes it an attractive option for landlords.
The ground floor features two decent-sized double bedrooms, complemented by a separate kitchen that comes fully equipped with all necessary appliances, as well as a dedicated sitting room that fosters communal living among tenants. On the first floor, there are three additional bedrooms, including two spacious doubles and a smaller fifth bedroom. The existing bathroom is functional but presents an opportunity for enhancements to increase rental value.
Outside, the property boasts a low-maintenance rear garden perfect for tenant enjoyment and a substantial private driveway providing ample off-road parking—an attractive feature in this competitive rental market.
While already compliant with HMO regulations and maximizing current rental income through its room-by-room setup, there remains significant scope for value addition through minor cosmetic upgrades or even the potential installation of en-suite bathrooms (subject to requisite permissions). This makes it not only a viable addition to an investor's portfolio but also an enticing first investment opportunity in the ever-evolving market of Winchester.
