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Old Station Road, Winchester, Hampshire, SO21 - Image 1
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Old Station Road, Winchester, Hampshire, SO21

South East

£1,250,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2875 sqft

Description

Situated in the desirable village of Itchen Abbas, Station Lodge is a four-bedroom detached family home that occupies a generous plot of approximately 0.4 acres. This property benefits from a serene, private setting with picturesque views of the surrounding countryside. The entrance is marked by a classic five-bar wooden gate that opens onto a spacious gravel driveway, bordered by mature trees and shrubs, creating an inviting atmosphere. Upon entering, you are greeted by a roomy entrance hall. To the left lies a dual-aspect living room, while to the right, you’ll discover a formal dining area alongside a sizable study that connects to the kitchen. Adjacent to the kitchen, there’s a versatile conservatory and a practical utility room, providing options for both leisure and entertaining. The first floor features the principal bedroom with an en-suite shower room and walk-in wardrobe, complemented by three additional double bedrooms — two of which include built-in wardrobes — alongside a modern family bathroom. Externally, this home boasts a detached double garage equipped with an integrated workshop and access to a fully boarded loft space. A newly constructed office pod adds extra versatility for remote work or creative endeavors. The well-established gardens offer privacy and substantial space for outdoor activities or future landscaping projects. Although some modernization is needed throughout the property, it presents an excellent opportunity for potential buyers to enhance its features and tailor it to their own tastes. Additionally, planning permission was recently granted for an expansive single-storey extension as well as loft conversion into habitable space (Planning Reference: SDNP/24/03431/HOUS). This location provides access to local amenities within Itchen Abbas itself and more extensive offerings in nearby Alresford and Winchester, making it ideal not only for families but also those seeking community charm combined with convenience.

Investment Analysis

(SO21 area)

Below Market Value

This property is priced -3.7% below area average per sq ft

-3.7%
Potential saving
This Property
£435/sq ft
Area Average
£452/sq ft
Avg Rent (weekly)
£418
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,428,185
10% above area average per sq ft
Potential ROI
+7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SO21)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 4.0%
5 year growth: 20.9%
Investment Disclaimer: Analysis based on SO21 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

Old Station Road, Winchester, Hampshire, SO21
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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
£4,579
Based on a loan of £937,500 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.

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