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Downlands Way, South Wonston, Winchester, Hampshire, SO21 - Image 1
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Downlands Way, South Wonston, Winchester, Hampshire, SO21

South East

£385,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
774 sqft

Description

Nestled on a tranquil no-through road, this semi-detached home offers a spacious layout with significant renovation and investment potential. The ground floor features a newly installed kitchen that is both functional and visually appealing, equipped with ample cupboard space, extensive work surfaces, and accommodations for all essential appliances. The sitting room provides a comfortable area to relax, overlooking the generous rear garden. Additional conveniences on this level include a WC and practical under-stairs storage. Venturing upstairs, you will find two well-sized double bedrooms, each complemented by its own ensuite bathroom, ensuring privacy and comfort for residents or guests. This property presents exciting possibilities for expansion; neighboring homes have successfully added loft conversions, while the sizeable rear garden could be transformed with a ground-floor extension (subject to planning permissions). The outdoor space is primarily laid to lawn, featuring a patio area that can be accessed through double doors from the living room—ideal for enjoying the warmer months. At the front of the property, off-street parking accommodates two vehicles. Located in South Wonston—a quaint village within the Winchester district—this home benefits from its peaceful semi-rural setting while remaining conveniently close to essential transport links such as the A34 and M3. The village boasts a strong sense of community and caters to families, retirees, and commuters alike. Local amenities include South Wonston Primary School, a village hall, recreational facilities, and several shops. With nearby South Downs National Park offering picturesque walking and cycling trails, outdoor enthusiasts will appreciate easy access to natural beauty. Originally developed in the 20th century, South Wonston has steadily grown while maintaining its village charm amidst modern advancements. This property serves as an excellent starting point for those looking to invest in an area that balances rural tranquility with proximity to Winchester's cultural and commercial offerings.

Investment Analysis

(SO21 area)

Above Market Value

This property is priced +10.1% above area average per sq ft

+10.1%
This Property
£497/sq ft
Area Average
£452/sq ft
Avg Rent (weekly)
£418
Avg Yield
3.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£384,492
10% above area average per sq ft
Potential ROI
-6.2%
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

Downlands Way, South Wonston, 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
£1,410
Based on a loan of £288,750 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.

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