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Milnthorpe Lane, Winchester, Hampshire, SO22

South East

£995,000
Listed on 29/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1667 sqft

Description

Located in a tranquil area of historic Winchester, this four-bedroom detached residence combines modern amenities with the potential for further enhancement. The structure presents an appealing opportunity for renovation enthusiasts or investors seeking to capitalize on the property's charm and location. The spacious interior is illuminated by natural light and features a well-proportioned hallway that leads into a generously sized living room, showcasing large windows overlooking the front garden. The contemporary kitchen boasts quality appliances and ample storage, accompanied by a breakfast room that opens up to the sunny south-facing garden. This outdoor space is not only inviting but also offers opportunities for landscaping or the installation of additional features like decking or garden storage. A versatile family room allows for various uses such as a playroom, home office, or snug, while the sunroom currently serves as a gym but could be transformed into an additional living space or guest accommodation. Upstairs, you will find four comfortable bedrooms that benefit from bright decor and built-in storage solutions. The primary bedroom offers serene views, while the other three bedrooms are well-sized and share a stylish family bathroom equipped with both bath and shower facilities. The south-facing garden is mostly laid to lawn with mature planting that invites local wildlife, creating a peaceful retreat. With some creative thought, this area could be enhanced further — whether it's adding seating areas or even expanding gardening options. This property not only provides modern conveniences like an electric charging point but also sits strategically close to Winchester's city center, providing access to amenities such as renowned public houses and eateries within walking distance. Commuters will appreciate the proximity to Winchester railway station for quick travel into London and Southampton.

Investment Analysis

(SO22 area)

Above Market Value

This property is priced +19.0% above area average per sq ft

+19.0%
This Property
£597/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
£920,059
10% above area average per sq ft
Potential ROI
-12.0%
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

Milnthorpe Lane, 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
£3,645
Based on a loan of £746,250 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