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

South East

£400,000
Listed on 05/01/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This central Winchester terraced house presents a significant opportunity for refurbishment, ideal for investors or buyers keen to create their dream home. Currently configured as a one-bedroom residence, there is ample scope to reconfigure the layout into a more spacious three or four-bedroom property, a common transformation seen in similar homes on this terrace. The living area features large windows and a fireplace, which could become an attractive focal point after modernisation. A generously sized double bedroom is present along with a loft room and an additional cellar space complete with ensuite facilities, providing versatile usage options upon renovation. The exterior benefits from a sizeable garden and a lean-to structure that could serve as useful storage or utility space post-refurbishment. Located in a sought-after area of Winchester, the property enjoys proximity to local shops, cafes, and cultural amenities within the city centre. It also offers access to various schooling options and nearby green spaces like Winnall Moors Nature Reserve. With its existing structural features and potential for expansion, this property serves as an excellent canvas for those looking to invest in a project that can significantly increase its value.

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, 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
£1,443
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%)
20/02/2026
Current price
£425,000Initial listing
07/01/2026

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