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Parliament Place, Winchester, Hampshire, SO22 - Image 1
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Parliament Place, Winchester, Hampshire, SO22

South East

£675,000
Listed on 23/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1187 sqft

Description

This family residence, situated in a serene cul-de-sac on the western edge of Winchester, offers remarkable adaptability and is beautifully presented. The charming exterior with a driveway and attached garage sets the stage for a practical living space with significant renovation potential pending the necessary consents. Upon entry, the ground floor welcomes you with a bright and open layout. The spacious lounge and dining area seamlessly connect to a lovely conservatory that enhances the living experience by providing delightful garden views—perfect for hosting or unwinding after a busy day. A separate dining room adds warmth for family gatherings, while the well-appointed kitchen serves as the home's hub, featuring modern amenities and a breakfast bar for relaxed meals. Additional conveniences include a utility room and a cloakroom, offering further functional space. The upper level accommodates four airy bedrooms awash in natural light. The principal bedroom is substantial and features built-in storage along with an en-suite bathroom for added privacy. The other bedrooms present versatile options for guest use, children’s rooms or dedicated home-office spaces, supplemented by a contemporary family bathroom. One notable asset of this property is the generous garage accompanied by an adjoining workshop area which holds promise for future conversions or hobbyist pursuits (subject to local permissions). Outside, the low-maintenance garden provides an ideal private space suitable for leisurely enjoyment during warmer seasons. With proximity to top-tier schools, transport links, and Winchester city center's vibrant atmosphere—coupled with access to stunning countryside such as South Downs National Park—the property stands out as an exceptional opportunity for those looking to blend comfort with investment potential.

Investment Analysis

(SO22 area)

Above Market Value

This property is priced +13.3% above area average per sq ft

+13.3%
This Property
£569/sq ft
Area Average
£502/sq ft
Avg Rent (weekly)
£519
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£655,135
10% above area average per sq ft
Potential ROI
-9.6%
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

Parliament Place, 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
£2,473
Based on a loan of £506,250 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