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Springvale Road, Winchester, SO23

South East

£665,000
Listed on 03/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1173 sqft

Description

Located in the desirable village of Kings Worthy, this three-bedroom detached bungalow provides a promising canvas for those interested in personalizing their living space. While the home is currently functional and ready for immediate occupancy, there is significant potential to enhance its appeal. The generous reception area presents an inviting atmosphere for both leisure and hosting, while a separate dining room adds versatility. The kitchen, equipped with substantial workspace, could benefit from modernization to optimize functionality. Each of the three bedrooms offers adaptability for families, guests, or even a home office setup, all conveniently accessed via a centrally located bathroom. The absence of a forward chain facilitates a straightforward purchasing process. Outside, the property features an expansive front garden along with ample off-road parking, creating an attractive entrance. The rear garden is tiered and spacious, offering ample opportunity for landscaping or further development, along with useful outbuildings that can be repurposed to suit various needs. Kings Worthy boasts an array of local amenities such as shops and well-regarded schools alongside scenic rural walks and efficient transport links to Winchester and surrounding areas. This bungalow not only stands as a comfortable residence but also represents a great investment for buyers wanting to infuse their style into a well-located property.

Investment Analysis

(SO23 area)

Above Market Value

This property is priced +13.5% above area average per sq ft

+13.5%
This Property
£567/sq ft
Area Average
£499/sq ft
Avg Rent (weekly)
£350
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£644,311
10% above area average per sq ft
Potential ROI
-8.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SO23)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -7.2%
5 year growth: +6.0%
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

Springvale Road, Winchester, SO23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,355
Based on a loan of £498,750 over 30 years at 3.91% 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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