4 bed semi-detached house for sale

Cromwell Road, Winchester SO22

Four bedroom HMO investment with tenancy in place – prime stanmore location

This well-proportioned four-bedroom sharer property is being sold with a tenancy in situ until summer 2026, ticking all the boxes for investors seeking a strong and reliable rental property.

The property is presented in good condition throughout and is situated in the popular rental area of Stanmore, ideal for professional sharers, commuters, and students. Its close proximity to Winchester city centre and the University has made it a consistently let student property for many years, being just a short walk from the main campus.

The ground floor comprises a very large double bedroom, a separate kitchen, and a separate lounge, providing excellent communal and social space for tenants. The kitchen is fully equipped and sold with all appliances included, and a separate ground floor WC further adds to the practicality and appeal for sharers.

The first floor offers three further double bedrooms, all fully furnished with double beds and ample space. The bathroom is currently in fair condition and includes a shower over bath.

All rooms are sold with furniture included, and the presence of four double bedrooms is a rarity in the market, making this a particularly strong rental option. There is also an opportunity to increase value and rental income through general cosmetic improvement or the addition of an en-suite.

To the rear is a large, low-maintenance garden, ideal for tenant use.

The property is compliant to HMO standards and benefits from Article 4 exemption, allowing continued HMO use with ease. Located on Cromwell Road, Stanmore, Winchester, the property is well positioned for local workers, commuting professionals, and students, with nearby amenities and public transport links contributing to its consistent rental demand.

Further benefits include a driveway and permit parking - a significant advantage in an area where parking is limited - further enhancing rental appeal.

At an expected net rent of approximately £2,250 pcm, the property represents a strong net return on deposit of approximately 14.63%, making this an ideal addition to, or start of, a property investment portfolio. There is also potential for higher achievable rent with light refurbishment or en-suite installation.

Call Martin & Co today!