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Braeside Close, Winchester, Hampshire

South East

£525,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1162 sqft

Description

This charming three-bedroom detached bungalow presents a unique opportunity for those looking to invest in a property with significant renovation potential. Nestled in the sought-after area of Olivers Battery, Winchester, this home is ideally situated within a community known for its desirable amenities and tranquil environment. Upon entering, you will find a well-proportioned layout that includes a functional kitchen paired with a separate dining area, perfect for casual meals or entertaining guests. The living space also features direct access to the rear garden, which offers ample room for outdoor activities and potential landscaping enhancements. A spacious porch welcomes you at the entrance and adds character to the property. The interior consists of three bedrooms that can be easily tailored to your preferences, whether as guest rooms or home offices. Additionally, there’s a bathroom that could benefit from modern updates, allowing you to create your own sanctuary. A key highlight of this property is its detached garage and driveway parking, providing convenience and additional storage options. With side access leading to the expansive rear garden, there’s exciting potential for future extensions (subject to planning permission), enabling you to expand both living space and value. Further advantages include double glazing and gas central heating throughout the property, ensuring comfort regardless of the season. The absence of an onward chain simplifies the buying process, making it easier for new owners to envision their renovation plans. Considering its location and inherent possibilities for transformation, this bungalow is not just a place to live but an investment opportunity waiting to be realized. Schedule your viewing today and explore how you can shape this property into your ideal home.

Investment Analysis

(SO22 area)

Below Market Value

This property is priced -10.0% below area average per sq ft

-10.0%
Potential saving
This Property
£452/sq ft
Area Average
£502/sq ft
Avg Rent (weekly)
£519
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£641,337
10% above area average per sq ft
Potential ROI
+13.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SO22)

Area prices are falling by +7.5% over the last 12 months
3 year growth: -9.0%
5 year growth: -7.2%
Investment Disclaimer: Analysis based on SO22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Braeside Close, Winchester, Hampshire
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,923
Based on a loan of £393,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE