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Chesil Street, Winchester, Hampshire, SO23 - Image 1
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Chesil Street, Winchester, Hampshire, SO23 - Image 3
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Chesil Street, Winchester, Hampshire, SO23

South East

£550,000

Listed on 24/06/2026

Property Details

Bedrooms
4
Type
Terraced

Description

This is an exceptional opportunity to acquire a historic Grade II listed structure, previously known as the East Winchester Social Club. With full planning permission granted (REF: 24/02483/FUL), the property is primed for a complete redevelopment, presenting a unique chance for investors and developers aiming to create a high-quality residential scheme in a desirable area. The existing building is essentially a blank slate, allowing for innovative design that can maximize its potential on this prominent site. Located on Chesil Street, surrounded by local landmarks and amenities, the site also benefits from proximity to Winchester's vibrant city life and excellent educational institutions. The investment opportunity includes transforming this recognized local landmark into a modern residence while maintaining the charm of its historic character.

Investment Analysis

(SO23 area)
Area Average
£497/sq ft
Avg Rent (weekly)
£354
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £900,000
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

Chesil Street, 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
£2,078
Based on a loan of £412,500 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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