Summary - Winchester SO23 8EL
2 bed 1 bath Penthouse
Affordable 50% share with stunning skyline views and easy access to shops.
- 50% shared ownership offer at £130,000
- Top-floor apartment with private balcony and city views
- Compact footprint: approximately 425 sq ft (small overall size)
- 78 years remaining on lease; lenders may refuse to lend
- Service charges and sinking fund total about £2,180.52 annually
- Permit on-street parking only (no private parking)
- Double glazing and gas central heating present
- No onward chain, central location near shops and transport
This top-floor 50% shared ownership penthouse offers an affordable route into central Winchester with a private balcony and wide city and cathedral views. At about 425 sq ft the layout is compact but well-lit, with an open-plan living area, separate kitchen, two bedrooms and a contemporary bathroom.
Positioned within walking distance of the High Street, theatre, shops and transport links, the flat benefits from excellent broadband and mobile signal, double glazing and gas central heating. Local schooling includes St Bede’s and Westgate School, making the location attractive to buyers seeking local education options.
Buyers should be clear about the material drawbacks: the lease has 78 years remaining and lenders may refuse mortgages on this term; this significantly affects mortgage availability and resale. Service charges and sinking fund contributions are payable (totaling around £2180.52 annually) and on-street permit parking is in use. The apartment is offered chain-free, which simplifies exchange for a buyer able to proceed without standard mortgage funding.
This property suits a first-time buyer comfortable with shared ownership rules and leasehold realities, or an investor prepared to accept lease and financing constraints. Viewing is recommended to judge the compact space and city-facing aspect against the practical implications of the remaining lease and service costs.
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