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Parliament Place, Winchester, Hampshire SO22 - Image 1
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Parliament Place, Winchester, Hampshire SO22

South East

£675,000
Listed on 21/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1187 sqft

Description

Nestled in a serene cul-de-sac on the western side of Winchester, this adaptable family residence presents a unique opportunity for both comfortable living and future enhancement. The property's appealing exterior, complete with a driveway and integrated garage, establishes an inviting atmosphere that hints at its potential for further development, subject to planning permissions. Upon entry, you'll find a bright and open floor plan that encourages family interaction and social gatherings. The lounge/diner transitions smoothly into a charming conservatory, ideal for relaxation or entertaining while overlooking the private garden. A separate dining room provides an intimate setting for meals, while the thoughtfully arranged kitchen at the heart of the home boasts modern fixtures and a breakfast bar for casual dining. Additional utility space and a cloakroom enhance practicality. The upper level features four well-lit bedrooms, including a spacious principal suite with built-in storage and an en-suite bathroom. The other bedrooms serve as versatile spaces for guests, children, or even a home office. A contemporary family bathroom caters to these additional rooms. Notably, the extensive garage and adjacent workshop could be transformed into usable space suited to your needs (subject to necessary consents). The outdoor area offers low-maintenance garden space for leisure during warmer months. This property is strategically located near reputable schools, robust transport links, and Winchester's vibrant city centre—making it not just an excellent home but also an investment with substantial renovation potential.

Investment Analysis

(SO22 area)

Above Market Value

This property is priced +13.3% above area average per sq ft

+13.3%
This Property
£569/sq ft
Area Average
£502/sq ft
Avg Rent (weekly)
£519
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£655,135
10% above area average per sq ft
Potential ROI
-9.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SO22)

Area prices are falling by +7.5% over the last 12 months
3 year growth: -9.0%
5 year growth: -7.2%
Investment Disclaimer: Analysis based on SO22 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

Parliament Place, Winchester, Hampshire SO22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,473
Based on a loan of £506,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE