2 bedroom flat for sale

Excellent Investment Opportunity, a unique, premium student accommodation close to central Winchester. The property is nicely positioned within Balfour House, comprising high quality apartments, to provide students with absolutely everything they would need and offers safe living. This two bedroom apartment is currently let and provides a current rental income of circa £13,800 pa, and a gross yield of 6.2% +. This rent is slightly under market value, so a higher return is achievable. Further benefits include an allocated parking space. The two bedroom apartment comprises of a high quality kitchen/living space, including fridge-freezer and dishwasher. Two good-sized double bedrooms including double beds, wardrobes, workspaces and smart TV's. Comfortable communal spaces outside provide a great sociable place for students to live and study. Conveniently located in Winnall and close to Erasmus Park.

Tenure: Leasehold
Unexpired Years: 117 years remaining
Annual Ground Rent: £250.00
Annual Service Charge: £1,222
These details are to be confirmed by the vendor's solicitor and must be verified by a buyer's solicitor.

The property is conveniently set just outside of the city centre and close to the River Itchen and Winnall Moors Nature Reserve, with the mainline railway station only an approximate 15 minute walk away. Winchester combines the best of both worlds with history and an inspirational atmosphere. There is a great blend of eclectic shops, fine restaurants and contemporary bars as well as the famous Cathedral and beautiful Water Meadows. The surrounding countryside has a network of footpaths and bridleways for walking and riding. Communications are excellent with the railway station, A34, M3 and M27 within easy reach.