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Priors Way, Winchester, Hampshire, SO22

South East

£650,000
Listed on 05/03/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1433 sqft

Description

Situated in the desirable area of Oliver’s Battery, this family home presents a unique opportunity for those looking to invest in property with significant renovation potential. The house features spacious and flexible living areas, including a sizeable L-shaped sitting room that opens directly onto the rear garden, promoting a harmonious blend of indoor and outdoor spaces. A dedicated dining room offers built-in storage and is perfect for entertaining guests or enjoying family meals. The kitchen, while functional, could benefit from modern updates and includes ample cupboard space along with access to a utility room and shower room, enhancing daily convenience. Upstairs, the property boasts four bedrooms—three generously sized doubles and one single—each equipped with built-in wardrobes. The main bedroom comes with an adjoining dressing room for added comfort. A family bathroom serves the upper level. Outside, the front driveway allows for off-road parking and leads to a tandem garage, complemented by an open-plan garden bordered by mature shrubs. The rear garden is well-maintained and predominantly laid to lawn, featuring decorative planting along its edges; it provides a serene backdrop for outdoor activities. Although the home is currently functional, it offers excellent scope for improvement through renovations or even extensions (subject to planning permissions), allowing new owners to customize it according to their vision. This property not only benefits from its proximity to essential amenities in Winchester but also from being within walking distance of local recreational facilities including parks and sports courts—a perfect location for families seeking both peace and community engagement.

Investment Analysis

(SO22 area)

Below Market Value

This property is priced -10.5% below area average per sq ft

-10.5%
Potential saving
This Property
£454/sq ft
Area Average
£507/sq ft
Avg Rent (weekly)
£497
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£799,184
10% above area average per sq ft
Potential ROI
+9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (SO22)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -8.2%
5 year growth: -7.2%
Investment Disclaimer: Analysis based on SO22 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

Priors Way, Winchester, Hampshire, SO22
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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
£2,344
Based on a loan of £487,500 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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