>
Garbett Road, Winchester SO23 2 bed ground floor flat for sale
Garbett Road, Winchester, SO23
£200,000
Garbett Road, Winchester, SO23
£200,000
Our Summary
- AUCTION PROPERTY SALE, STARTING BID £200,000
- Investment Opportunity – 2-Bedroom Maisonette with 6% Yield – Tenanted Until August 2026Offered for sale is this well-presented 2-bedroom ground floor maisonette, tenanted until August 2026 at £1,300 PCM, providing an immediate and secure income stream with a gross yield of approximately 6%
- Viewings highly recommended – a rare, ready-made investment opportunity in Winchester
- Pattinson Auction are working in partnership with the marketing agent on this online auction sale and are referred to below as The Auctioneer
- This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer in partnership with the marketing agent
- The property is being sold via a transparent online auction
- These prices are subject to change, and the auction may be closed early if the property is sold prior to the scheduled end
Description
This 2-bedroom ground floor maisonette in Winchester is being sold at auction with a starting bid of £200,000. The property is tenanted until August 2026 at £1,300 per month, providing a gross yield of approximately 6%. The maisonette features two double bedrooms, a spacious reception room, separate kitchen, and a large private rear garden. With low annual service charges and no onward chain, this property represents a turnkey investment opportunity in a highly sought-after rental market. The lease has 97 years remaining, and the service charges and ground rent are £244.30 per annum and £10 per annum, respectively. Viewings are highly recommended, and the property is being sold with tenants in situ.