Summary - HOMERISE HOUSE 32 HYDE STREET WINCHESTER SO23 7HA
1 bed 1 bath Flat
Compact, low-maintenance ground-close home for downsizers near Winchester High Street.
Chain free one-bedroom over-55s flat, 115 years remaining on lease
A compact one-bedroom apartment in a purpose-built over-55s development, offered chain free and with a long lease (115 years remaining). The flat sits moments from Winchester High Street and the Theatre Royal, making shops, library, buses and the station easily walkable. Communal facilities include a residents’ lounge, laundrette, terrace, house manager and off-street parking.
The accommodation is practical: a bright living room with space for freestanding furniture, a separate kitchen with a freestanding cooker, a double bedroom and a tiled bathroom. The property benefits from double glazing and electric storage heating. The communal areas are well presented, reflecting the sheltered nature of the development.
Notable costs and limitations are clearly set out. The leasehold charges are significant: an annualised service charge around £2,740.38 and ground rent paid twice yearly (£463.95 each), which buyers should factor into ongoing affordability. The flat is small at about 342 sq ft and shows dated decor with some maintenance and modernisation needed. Heating is by electric storage heaters and there is a higher local crime statistic.
This apartment will suit a buyer looking to downsize into a centrally located, low-maintenance retirement setting with communal support and easy access to Winchester’s amenities. Investors may also find the long lease and central location of interest, but all purchasers should budget for service charges, ground rent and potential updating works.
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