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Romsey Road, Winchester, Hampshire, SO22

South East

£475,000
Listed on 13/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
942 sqft

Description

This detached two-bedroom residence presents an appealing opportunity for buyers interested in a property with renovation and investment potential. Nestled within a spacious plot, the home offers a sense of privacy and ample outdoor space, complemented by generous driveway parking—features that set it apart from similar listings. The layout spans two levels, beginning with a welcoming dining area that serves as the centerpiece of the ground floor, ideal for both everyday living and social gatherings. A bright sitting room overlooks the garden, providing a tranquil view, while the kitchen features functional storage solutions and work surfaces. The convenience of a ground-floor WC adds to the practicality of the space. Additionally, there are two useful outbuildings: one serving as a shed and the other as a storage room. Upstairs, you'll find two well-proportioned double bedrooms along with a family bathroom equipped with both a bath and separate WC area. Each bedroom boasts pleasant views and ample space, making them comfortable retreats. Outside, the property is surrounded by established boundaries and benefits from driveway parking suitable for multiple vehicles. With considerable scope for extension or landscaping—subject to planning permission—there's significant potential to further enhance this property’s value. While it may present slightly dated decor, this home has been well-maintained over time and is positioned ideally for those looking to personalize their living space in a charming setting. Location-wise, this property is situated conveniently near Winchester city centre, offering easy access to picturesque riverside walks and open spaces such as St. Giles Hill's park area. Known for its rich history and vibrant community atmosphere, Winchester combines diverse architecture with modern urban conveniences. The city boasts various independent shops, dining options, and a renowned farmers market. Families will appreciate the excellent educational institutions available in the area—including both private and state schools—and easy commuting options via South West Trains to London Waterloo alongside Southampton’s international airport nearby. For those interested in an investment opportunity or seeking to transform this house into their dream home amidst beautiful surroundings, this property holds significant promise.

Investment Analysis

(SO22 area)

Above Market Value

This property is priced +0.5% above area average per sq ft

+0.5%
This Property
£504/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
£519,913
10% above area average per sq ft
Potential ROI
+1.0%
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

Romsey Road, Winchester, Hampshire, SO22
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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
£1,740
Based on a loan of £356,250 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