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Stanmore

South East

£300,000
Listed on 06/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom property presents an excellent opportunity for both investors and those seeking a home with renovation potential. Currently tenanted until August 2026 at a rental rate of £1,600 per month, it has proven to be a reliable investment in a desirable neighborhood. The house is situated on Chatham Road in Stanmore, offering easy access to local amenities, a corner shop, and proximity to the University, making it especially appealing for student rentals. The layout features two bedrooms on the upper floor alongside a family-sized bathroom, while the third bedroom is conveniently located on the ground level. Communal living spaces include a modern kitchen that flows into the dining area and sitting room, providing ample space for gatherings. With gas central heating and double glazing throughout, this well-maintained property ensures comfort for its occupants. The exterior boasts a sizable garden of approximately 0.11 acres, presenting significant potential for future extensions or landscaping projects (subject to obtaining necessary planning permissions). The surrounding area benefits from various amenities such as playgrounds, green spaces, and efficient bus routes directly into Winchester City Centre. Essential facilities including hospitals and supermarkets are within close reach, further enhancing the property’s appeal. This property not only serves as a sound investment but also offers scope for personalization and improvement, allowing future owners to maximize its value. Interested parties are encouraged to schedule viewings through Goadsby for further exploration of its potential.

Investment Analysis

(SO22 area)
Area Average
£502/sq ft
Avg Rent (weekly)
£519
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
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

Stanmore
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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
£1,099
Based on a loan of £225,000 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