Summary - WATERSMEET FLAT 6 CHESIL STREET WINCHESTER SO23 0HU
2 bed 1 bath Retirement Property
Compact two-bedroom over‑55s flat in Winchester city centre, chain-free but requires renovation..
- Chain free, probate sale for a swift purchase
- First-floor over‑55s flat with lift access
- Private balcony overlooking communal areas
- Residents’ off-street parking available
- Compact 426 sq ft; small overall size
- Needs renovation and modernisation throughout
- Only 61 years remaining on the lease — lending risk
- Service charge £1,680pa; ground rent £100pa
A central Winchester two-bedroom apartment offered chain-free and ready for a swift sale. Positioned on the first floor of an over‑55s development, the flat benefits from lift access, a private balcony and residents’ parking — rare conveniences in the city centre. Its compact 426 sq ft layout provides a practical living room, kitchen, two bedrooms and bathroom.
This property will suit downsizers or buyers seeking a city‑centre retirement base who are happy to personalise. The apartment requires renovation and modernisation throughout, so it offers clear scope to update finishes and improve value. Broadband speeds are fast and there is no flood risk.
Buyers should note a material drawback: just 61 years remain on the lease. Many mortgage lenders may refuse to lend against this lease length, which will limit buyer options or require a substantial cash purchase. The sale is by probate and a service charge and small ground rent apply, so factor ongoing costs into affordability.
Overall, Watersmeet Flat 6 is an opportunity for someone prioritising Winchester city living and immediate occupation, prepared to invest in refurbishment and manage lease considerations.
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