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St. Leonards Road, Winchester, Hampshire, SO23 - Image 1
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St. Leonards Road, Winchester, Hampshire, SO23

South East

£450,000
Listed on 25/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1040 sqft

Description

This semi-detached residence, cherished by its previous owners, presents a unique opportunity to the discerning buyer seeking a project with significant potential. Positioned in a tranquil setting and offered with no onward chain, the property invites creativity for those interested in extending and modernising it—subject to obtaining the necessary planning approvals. The current layout includes a front-facing sitting room and an adjoining dining room that connects to a side kitchen, along with three generously sized bedrooms and a family shower room accompanied by a separate WC on the first floor. The outdoor space features a walled front garden, alongside access to a spacious rear garden predominantly laid to lawn—ideal for enhancements or landscaping. Additionally, there is a garage at the end of the garden which serves as practical storage or parking space, along with convenient on-street parking available directly outside on a private road. Located near Winchester Sport and Leisure Park, this property benefits from excellent local amenities while being just moments away from Winchester’s historic centre. The area is particularly appealing to families and professionals due to its proximity to reputable schools and transport links, including easy access to Winchester railway station and the M3 motorway. With an abundance of green spaces nearby and opportunities for recreational activities in the South Downs National Park, the neighborhood offers both peace and community spirit—making this property ripe for transformation into a bespoke family home.

Investment Analysis

(SO23 area)

Below Market Value

This property is priced -12.1% below area average per sq ft

-12.1%
Potential saving
This Property
£433/sq ft
Area Average
£492/sq ft
Avg Rent (weekly)
£359
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£563,363
10% above area average per sq ft
Potential ROI
+15.0%
After renovation
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

St. Leonards Road, Winchester, Hampshire, SO23
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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
£1,623
Based on a loan of £337,500 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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