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Lower Brook Street, Winchester, Hampshire, SO23 - Image 1
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Lower Brook Street, Winchester, Hampshire, SO23 - Image 9

Lower Brook Street, Winchester, Hampshire, SO23

South East

£600,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
930 sqft

Description

This three-bedroom mid-terrace home, nestled in the center of Winchester, presents a stimulating opportunity for those looking to invest in a property ripe for refurbishment. The building showcases a classic red brick exterior complemented by period details, including attractive bay windows that speak to its historic character. Inside, the layout offers a spacious front sitting room, a separate dining area, and a kitchen located at the rear. A ground-floor bathroom adds practicality to the space. Upstairs, three well-sized bedrooms are accompanied by an additional shower room, providing ample living space that can be tailored to suit modern tastes or family needs. The private rear garden adds another layer of potential; it is an inviting outdoor space that could be transformed through landscaping or even extended (subject to planning permissions), enhancing both usability and value. Positioned conveniently within walking distance of Winchester's vibrant city center, this property allows easy access to local shops, diverse dining options, and reputable schools. The mainline station is also nearby, offering direct services to London Waterloo—a key consideration for commuters. Additionally, residents can enjoy proximity to parks and green spaces as well as the scenic South Downs National Park. With its combination of original charm and significant renovation potential, this property represents an ideal project for buyers aiming to create a bespoke home in one of the South of England's most desirable locations.

Investment Analysis

(SO23 area)

Above Market Value

This property is priced +30.1% above area average per sq ft

+30.1%
This Property
£645/sq ft
Area Average
£496/sq ft
Avg Rent (weekly)
£367
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£507,459
10% above area average per sq ft
Potential ROI
-23.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SO23)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 5.0%
5 year growth: 15.8%
Investment Disclaimer: Analysis based on SO23 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

Lower Brook Street, Winchester, Hampshire, SO23
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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
£2,198
Based on a loan of £450,000 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.

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