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Gladstone Street, Winchester, SO23 8TQ - Image 1
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Gladstone Street, Winchester, SO23 8TQ

South East

£400,000
Listed on 03/01/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This centrally located terraced house in Winchester presents a valuable opportunity for renovation and investment. Currently configured as a one-bedroom home, the layout allows for significant expansion potential to transform it into a three or four-bedroom residence, aligning with similar properties in the terrace. The spacious reception room features large windows and a charming fireplace, which could serve as an attractive centerpiece for modern living. The existing double bedroom overlooks the front of the property, while additional space is available in the loft and cellar, which includes ensuite facilities—ideal for creating versatile accommodations after refurbishment. The exterior boasts a sizable garden and a lean-to structure that can be repurposed for storage or utility uses. With council tax band D, this property is situated in a desirable area of Winchester, close to local amenities such as shops and restaurants, along with excellent schools and leisure options like parks and nature reserves. This house provides an ideal foundation for investors or homeowners looking to maximize their property's value through thoughtful renovations.

Investment Analysis

(SO23 area)
Area Average
£492/sq ft
Avg Rent (weekly)
£360
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SO23)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -2.8%
5 year growth: +13.2%
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

Gladstone Street, Winchester, SO23 8TQ
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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.

Price History

-5.9% since listed
£400,000£25,000(-5.9%)
18/02/2026
Current price
£425,000Initial listing
05/01/2026

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