3 bedroom semi-detached for sale

£1,250,000 Offers over

3

Bedrooms

Floorplan

THE PROPERTY The property forms part of the only original building within a prestigious development of just 14 apartments and townhouses built by Bargate Homes in 2015 on the edge of St Cross. Elegant colour-washed Georgian style apartments front Southgate Street, with a striking archway leading through to the Coach House and three further townhouses to the rear.

The property itself dates from 1867, when it was the officers coach house for the garrison, with the coaches being downstairs and the horses led up to the first floor. In more recent times, we understand that during World War Two, instrument panels were built here for Spitfires, with small Spitfire factories being located both in Winchester and nearby in Hursley.

Wrought iron gate and railing open into a well-tended front garden, and to the front door. Upon entering the property, this warm and comfortable home greets with an abundance of natural light flowing throughout the ground floor, enhanced by a wall of doors and windows leading to the courtyard garden.

LIVING ACCOMMODATION: The open plan living space perfectly complements period charm with contemporary lifestyle, leading to a beautifully fitted kitchen.

KITCHEN: The kitchen features a wealth of soft grey and white cabinetry, a Quooker tap, and waste disposal unit. Built in appliances include a double Miele oven with warming drawer, full length fridge, dishwasher, freezer and wine fridge, with under pelmet lighting and open shelving.

There is underfloor heating throughout the ground floor, French windows to the garden, and it also benefits from a cloakroom and useful utility cupboard which houses the washing machine/tumble dryer.

From the entrance hallway, a striking double-height vaulted ceiling features a staircase with attractive wooden balustrades and glass panels lead to a galleried landing on the first floor where there are exposed beams.

PRINCIPAL BEDROOM SUITE: The principal bedroom suite spans the depth of the property, featuring a vaulted ceiling with exposed original timbers. A large window overlooks the front courtyard, filling the room with natural light. The suite also includes a thoughtfully designed dressing area with fitted hanging space, shelving, drawers, and a dressing table.

A door from here leads to the luxurious ensuite shower room, which includes a WC in a tiled open cubicle. A double walk-in shower has a rainfall showerhead, and benefits from a useful a recessed shelf. The twin basins have recessed faucets set into vanity storage, and sit in front of a tiled shelf with a large inset mirror.

GUEST BEDROOM/BEDROOM TWO: The guest bedroom includes two sets of built-in wardrobes, one of which has a cleverly designed built-in desk, and fitted bookshelves. Its fully tiled ensuite shower room has a window overlooking the courtyard, a walk-in shower with a rainfall showerhead, a WC, and a basin set within vanity storage.

BEDROOM THREE: The third bedroom is a charming room with two windows overlooking the courtyard, and also benefits from a wall of fitted wardrobes.

FAMILY BATHROOM: The family bathroom is fully tiled and benefits from a bath with a recessed faucet and shower, a WC, and a basin inset into a vanity unit for storage. A large, illuminated mirror is set behind a practical storage shelf.

GARDENS:
The front and rear gardens were designed by the award-winning horticulturist Andrew McIndoe, created to be low maintenance with planting schemes of perennial shrubs and small ornamental trees. The walled rear garden is paved with limestone flags and is the perfect size for relaxed dining or entertaining, and there is an electric awning for sun cover on hotter days. A small sentry box shed with an attractive tiled roof provides useful space for outdoor and gardening equipment. A lockable gate provides access to the parking spaces for the property.

SCHOOLING: The property falls within catchment for St. Bedes CofE Primary School and The Westgate School. Nearby independent schools include Winchester College, St Swithuns, King Edward VI (with the school bus pick up point further up the St Cross Road), and preparatory schools such as The Pilgrims School, Twyford School and Princes Mead.

ST CROSS: The St Cross area is one of the prime residential locations of Winchester. The mix of ancient buildings, Roman, Norman and medieval as well as river walks, leafy gardens and wide tree lined streets, coupled with open playing fields and a flat walk into the town centre, past the walls of Winchester College and the Cathedral, all combine to make this an attractive and highly sought after place to live.

THE PROPERTY:
Construction: Built in 1867 as a coach house, this property has been completely refurbished as a new-build in 2015 and therefore construction is a mix of original brick, timber and tile and modern materials.

The property sits within the Winchester Conservation Area
Local Authorities: Hampshire County Council and Winchester City Council
Tenure: Leasehold 999 years of which 988 remaining
Managing Agents, HMS Property Management
Freeholder: St James Mews Mgt Ltd
Service Charge for 2025: 470.14 pa
EPC: Band B
Council Tax: band F
Parking: Two private allocated spaces to the rear of the property with EV charging point.
Services: All mains services connected, solar panels also installed please see EPC
Broadband: Standard 16 Mbps Superfast 80 Mbps (data from Ofcom broadband checker)

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1037700

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 31250
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 100200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

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  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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