Summary - 29 CHATHAM ROAD WINCHESTER SO22 4EE
4 bed 1 bath Semi-Detached
Ready-made 4-bed HMO with strong yield and large rear garden, near university..
- Four-bedroom HMO with tenancy until summer 2026
- Tenant paying £1,850 pcm (stated yield c.10.5%)
- Fully compliant with local HMO standards and Article 4
- Large rear garden and plot with conversion/extension potential
- Two toilets but only one full bathroom for four bedrooms
- In good decorative order; scope to modernise for higher yield
- Free on-street parking; walkable to university and town centre
- Low flood risk and affordable council tax
A ready-made 4‑bed HMO in Winchester, offered with a tenant in situ until summer 2026. The property is in good order throughout and fully compliant with local HMO standards and Article 4 restrictions, providing immediate rental income of £1,850 pcm (stated yield c.10.5%). Its location is a strong rental pitch: walkable to Winchester University and the town centre, with reliable public transport and excellent mobile and broadband connections.
Accommodation includes four double bedrooms, a large separate lounge, kitchen, utility and external storage. There are two toilets and one full bathroom, and the house sits on an unusually large rear garden/plot with clear scope to extend or convert (subject to permissions), which presents potential to increase lettable space and future income.
Practical positives include free on‑street parking, low flood risk and affordable council tax. Notable constraints: the tenancy runs until summer 2026 so possession is not immediate, and there is only one full bathroom for four bedrooms which may affect future tenant mix or require alteration. The house is described as in good decorative order but offers straightforward scope for modernisation and value-add works.
This property will suit an investor seeking immediate cashflow with upside from extension or refurbishment. Its compliant HMO status and proximity to the university make it a reliable letting proposition; buyers should factor in ongoing tenancy, potential conversion costs and the single full bathroom when calculating returns.
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