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Mildmay, Winchester

South East

£335,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
935 sqft

Description

This semi-detached house offers a solid foundation for those looking to invest or personalize a property in Stanmore. With three bedrooms, it presents a unique opportunity for creative renovation. The layout includes two reception areas, which provide flexibility for reconfiguration to suit modern living needs or potential rental enhancements. The front driveway allows for off-road parking, a valuable feature in this area, while the covered entrance leads into a hallway that connects to various spaces within the home. There is also convenient side access to the garden, adding to the overall usability of the outdoor space. Inside, the living room is generously proportioned and designed to accommodate both sitting and dining arrangements. It flows into a versatile dining area that has previously functioned as an additional bedroom in its role as a compliant student rental property. This adaptability could be leveraged for future rental income or family use. The kitchen features an array of wall and base units along with essential appliances, including an oven, washing machine, dishwasher, and fridge freezer. A door leading out to the rear garden enhances accessibility for outdoor entertaining or gardening pursuits. A conservatory connected to the dining room adds further potential for expansion or transformation into a sunlit leisure area. The upstairs boasts two double bedrooms alongside a spacious single bedroom, catering well to families or tenants. The bathroom is equipped with standard amenities, including a bath with shower attachment, toilet, and basin. This property benefits from mains gas, water, electricity, and drainage connections—details regarding mobile and broadband services can be verified through Ofcom.org.uk. While no services or appliances have been tested by Pearsons, this home stands ready for someone keen on investing in renovations that could significantly enhance its value and appeal in this desirable location.

Investment Analysis

(SO22 area)

Below Market Value

This property is priced -28.6% below area average per sq ft

-28.6%
Potential saving
This Property
£358/sq ft
Area Average
£502/sq ft
Avg Rent (weekly)
£519
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£516,050
10% above area average per sq ft
Potential ROI
+34.0%
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

Mildmay, Winchester
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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
£1,227
Based on a loan of £251,250 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