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1 bed flat for sale The Avenue, Bishops Waltham, SO32

Asking Price
£530,000
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Added on 09/10/2026

Type
Flat
Bedrooms
1
Bathrooms
1
Tenure
Freehold

Key features

  • Investment purchase
  • Freeehold included in sale
  • Four individual apartments
  • 3 x 1 bedroom and 1x 2 bedroom
  • All with off road parking
  • Current rental income approx £38,000 pa
  • Gross yield of approx. 6.6%

About this property

Residential investment opportunity comprising four individual apartments set in a well maintained period property within walking distance of Bishops Waltham High street. The sale includes the freehold interest in the development which comprises eight apartments in total over two buildings with associated parking.

The four apartments included in the sale are three one bedroom properties, and a two bedroom property. All four apartments are currently let on Assured Shorthold Tenancies and produce a rental income of approximately £38,000 per annum, with a gross yield of approximately 6.6%.

Council tax

Ask agent
Per year
  • Band A
    £1,573
  • Band B
    £1,835
  • Band C
    £2,098
  • Band D
    £2,360
  • Band E
    £2,884
  • Band F
    £3,409
  • Band G
    £3,933
  • Band H
    £4,720

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Winchester, 2026/27 bills run from £1,573 a year in band A to £4,720 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Winchester, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

The Avenue, Bishops Waltham, SO32

Mortgage and stamp duty

Property price £530,000
£265k £795k
Deposit10% £53,000
£0 £530k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £477,000 mortgage. Most lenders would want a household income of about £106,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
2, Elmsdale, The Avenue Semi-detachedJul 20251,119 sq ft £423/sq ft£473,000
2, Gordon Villas, The Avenue Semi-detachedSept 20221,119 sq ft £514/sq ft£575,000
Arundel House, The Avenue DetachedSept 2020n/a£445,000
1, Gordon Villas, The Avenue Semi-detachedAug 2020517 sq ft £780/sq ft£403,000
Lilac Cottage, The Avenue Semi-detachedOct 2017n/a£477,000
Erraid, The Avenue DetachedJan 2017n/a£610,000
7, Avenue Court, The Avenue Flat / maisonetteMar 2016710 sq ft £169/sq ft£120,000
Waverley, The Avenue Semi-detachedJan 2016n/a£355,000

All sales on The Avenue → All sold prices in Southampton →

Area insights

The neighbourhood around this property.

Marketed by
Charters, Bishops Waltham
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