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2 Park Lane, Otterbourne, Winchester

South East

£695,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

Nestled in a desirable part of Otterbourne, Briar Cottage is a charming character home offering a unique opportunity for renovation enthusiasts. This property features a traditional cottage aesthetic with well-proportioned living spaces that include a cozy sitting room with a brick fireplace, a spacious dining area, and a kitchen/breakfast room equipped with built-in appliances. The addition of a conservatory enhances the home's appeal for indoor-outdoor living. The first floor hosts three bedrooms, including a master suite with an en-suite shower room, providing flexibility for various lifestyle needs. While the home boasts established landscaping and an inviting rear garden with potential for enhancement, certain areas such as the summer house require attention or removal. With good access to local amenities and transport links to Winchester and Southampton, this property not only offers comfortable living but also significant investment potential for those looking to modernize or expand their space in this sought-after village environment.

Investment Analysis

(SO21 area)
Area Average
£446/sq ft
Avg Rent (weekly)
£403
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SO21)

Area prices are falling by -15.4% over the last 12 months
3 year growth: -12.8%
5 year growth: -1.6%
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

2 Park Lane, Otterbourne, Winchester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,480
Based on a loan of £521,250 over 30 years at 3.97% 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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