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St. Faiths Road, Winchester, Hampshire, SO23

South East

£715,000

Listed on 08/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
911 sqft

Description

Nestled in the desirable St Cross area of Winchester, this two-bedroom Victorian residence with an additional study presents a promising opportunity for renovation and investment. With planning permission already secured, buyers can consider transforming this characterful home into a bespoke family dwelling while potentially capitalizing on its extension possibilities. The property boasts high ceilings and large windows that flood the interiors with natural light, contributing to a welcoming ambiance throughout. The ground floor is well-appointed for both daily living and entertaining, featuring an entrance hall that opens into a generous sitting room highlighted by a bay window and attractive fireplace. This leads gracefully to an adjoining dining room, promoting an open-plan feel ideal for modern lifestyles. At the rear, the cottage-style kitchen overlooks the garden and is complemented by a downstairs cloakroom and a flexible study or third bedroom—perfect for remote work or accommodating guests. On the upper level, two spacious double bedrooms benefit from ample light and pleasant views, served by a contemporary bathroom with shower facilities. Outside, the front garden adds charm while the rear offers low-maintenance landscaping complete with lawn and patio areas suitable for outdoor gatherings. A highlight is the detached garden office built in 2022, featuring insulation and underfloor heating, making it an excellent space for year-round home working. With nearby access to scenic walking routes alongside water meadows and hills, along with easy connections to Winchester's vibrant city centre and transport links to London Waterloo within 55 minutes, this property balances historic appeal with modern convenience—ideal for families looking to reside in this beautiful region.

Investment Analysis

(SO23 area)

Above Market Value

This property is priced +57.8% above area average per sq ft

+57.8%
This Property
£785/sq ft
Area Average
£497/sq ft
Avg Rent (weekly)
£354
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£498,445
10% above area average per sq ft
Potential ROI
-34.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SO23)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -3.7%
5 year growth: +7.2%
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. Faiths Road, Winchester, Hampshire, SO23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,701
Based on a loan of £536,250 over 30 years at 4.45% 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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