Summary - 14 CARFAX HOUSE, SUSSEX STREET SO23 8FG
2 bed 2 bath Flat
Top-floor apartment by station — immediate rental income and long lease security.
Top-floor two-bedroom apartment with ensuite and family bathroom
Currently let at £1,150 pcm — tenants in situ, no onward chain
110-year lease remaining; building from 2007–2011
Gross rental yield around 5.3% at asking price
Electric room heaters — likely higher running costs than gas
Service charge £1,603.29 pa and ground rent £336.11 pa
No dedicated parking; on-street only
Local crime levels reported above average
A well-located top-floor apartment in the heart of Winchester, currently let to reliable tenants on a steady income. The property generates £1,150 pcm (£13,800 pa), giving a gross yield of approximately 5.3% at the asking price of £260,000 — a straightforward let-in-place investment with no onward chain.
The flat is practical and modern: two double bedrooms with built-in wardrobes, an ensuite, a family bathroom and an open-plan living/kitchen that faces pleasant city views. The 110-year lease provides long-term certainty and the building dates from 2007–2011, so basic structure and glazing are contemporary.
Buyers should note this is an electric-heated property with room heaters, which can mean higher running costs than gas-heated homes. Service charge (£1,603.29 pa) and ground rent (£336.11 pa) apply. There is no dedicated parking and the area records higher crime levels, both relevant for future lettings or owner-occupiers.
Overall this is best suited to investors seeking an immediate rental income and long lease security, or buyers willing to take an occupied purchase and plan minor upgrading over time. Proximity to the station, High Street amenities and strong local schools are clear location strengths.
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