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

South East

£425,000
Listed on 07/01/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This centrally located terraced house in Winchester presents an appealing opportunity for investors and developers seeking a refurbishment project. Currently configured as a one-bedroom residence, the property holds significant potential for transformation, with the possibility to expand to a three or four-bedroom layout, akin to other properties on the terrace. The interior features a spacious reception room that benefits from large windows and a fireplace, providing a desirable focal point for modern living. The main bedroom is generously sized and overlooks the front garden. An additional loft room enhances living space options, while a cellar area with ensuite facilities offers flexible usage possibilities that could be enhanced further through renovation. Externally, the large garden along with a lean-to structure allows for potential expansion or utility space, making this property versatile for various lifestyle needs. Located in a sought-after part of Winchester, this home is conveniently close to local shops, restaurants, and amenities. It also provides excellent access to schools and popular green spaces such as Winnall Moors Nature Reserve and historic water meadows.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
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, Hampshire, 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.

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