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Gladstone Street, Winchester, SO23 8TQ - Image 1
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Gladstone Street, Winchester, SO23 8TQ - Image 3
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Gladstone Street, Winchester, SO23 8TQ

South East

£425,000
Listed on 05/01/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This centrally located terraced house in Winchester presents an excellent opportunity for renovation and expansion. Currently configured as a one-bedroom home, the property has significant potential for reconfiguration to accommodate up to four bedrooms, similar to other nearby homes. The reception room boasts large windows and a fireplace, creating an inviting atmosphere that could be transformed into a stylish living space. The existing double bedroom has pleasant front aspect views, while additional areas include a loft room and cellar that could be converted into usable living spaces or guest accommodations with the right refurbishment. The exterior features a generous garden along with a lean-to structure, offering possibilities for extra storage or utility functionality. Conveniently situated near local amenities such as shops and restaurants, this property is also close to quality schools and cultural attractions in the heart of Winchester. A project like this would not only enhance your living experience but presents a promising investment opportunity in this sought-after area.

Investment Analysis

(SO23 area)
Area Average
£492/sq ft
Avg Rent (weekly)
£359
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (SO23)

Area prices are rising by +2.2% over the last 12 months
3 year growth: -1.2%
5 year growth: 13.3%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 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.

Next Steps

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