Top floor studio apartment in the centre of Winchester, in need of slight modernisation; Ideal for a first-time buyer or as an investment.
The apartment is located on the third floor in a block of studio apartments, with over-looking views of Staple Gardens. The property is in need of some repair and modernisation. Staple Gardens is accessed via a number-coded entrance system, located on Cross Street. The block itself is also accessed via a separate number-coded entrance system.
The apartment would be ideal for a first-time buyer or as an investment, as Bilberry Court has a proven track record with letting. We believe this property would rent for £725pcm, giving a yield of more than 6% per annum.
Lease is at present 60 years and is due to be extended by 90 years by Vendor.