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Cranbourne Drive, Winchester, SO21

South East

£615,000
Listed on 10/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1378 sqft

Description

This detached family residence is situated in the charming village of Otterbourne, near Winchester, and occupies a generous plot within a peaceful cul-de-sac. The property features a driveway, garage, and an ample enclosed garden, providing plenty of outdoor space for families or potential landscaping enhancements. With four bedrooms available, this home is well-suited for growing families, accommodating guests, or establishing a home office. The master bedroom boasts an ensuite for added luxury and convenience, while the first floor is equipped with a sizable family bathroom that offers storage solutions. The layout includes distinct living areas: a modern kitchen with a breakfast area and utility space; a bright living room; and a dining room that can serve as either an intimate dining space or adaptable snug/playroom with direct access to the garden through patio doors. A downstairs WC adds to the usability of the main floor. While this property is move-in ready, it presents significant opportunities for personalization and expansion over time (subject to planning permission). The enclosed rear garden requires minimal upkeep yet could be enhanced further for personal enjoyment. Having been maintained by the same family since its construction in the mid-1980s, this home is now available without any chain. It stands as an excellent opportunity to invest in a property where you can add your own touch gradually. Local amenities in Cranbourne Drive offer practicality and community spirit. With convenient access to transport links—including rail services to London Waterloo—and proximity to schools and recreational areas like parks and walking trails along the River Itchen, this location blends village charm with accessibility.

Investment Analysis

(SO21 area)

Below Market Value

This property is priced -0.8% below area average per sq ft

-0.8%
Potential saving
This Property
£446/sq ft
Area Average
£450/sq ft
Avg Rent (weekly)
£377
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£681,731
10% above area average per sq ft
Potential ROI
+2.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SO21)

Area prices are falling by -9.7% over the last 12 months
3 year growth: -4.6%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on SO21 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

Cranbourne Drive, Winchester, SO21
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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
£2,178
Based on a loan of £461,250 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.

Stamp Duty Calculator

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