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4 bedroom semi-detached house for sale
Elder Close, Winchester SO22
£340,000
Elder Close, Winchester SO22
£340,000
Our Summary
- Going concern investment opportunity
Description
This is a fantastic investment opportunity in the popular Badger Farm area, featuring a beautifully presented four-bedroom semi-detached house that is already generating a strong income. The property boasts a high-quality fitted kitchen, modern bathroom, and four spacious bedrooms, all furnished with quality items. The enclosed garden with patio and shed provides a peaceful outdoor space, while the modern gas central heating system ensures warmth and efficiency. Currently rented out until Summer 2025, the property is generating a gross rent of £2,395 pcm, bills included, which represents a strong 8.45% gross return and 11.22% ROI. With tenants in situ, this is a hassle-free investment opportunity that is sure to appeal to investors looking for a stable and lucrative return.