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Christchurch Road, Winchester, Hampshire SO23

South East

£1,795,000

Listed on 18/06/2026

Property Details

Bedrooms
10
Type
Detached
Area
6826 sqft

Description

This substantial Victorian home, set on over half an acre in the desirable St Cross area, presents a unique opportunity for renovation and investment. Dating back to 1875, the property features traditional architectural details, including high ceilings and large sash windows, which lend it significant character. The four-story layout offers generous accommodation, with a central kitchen that could be expanded to take full advantage of its westerly aspect, subject to planning permissions. The lower ground floor currently serves as a wine cellar and storage but has excellent potential for conversion into additional living spaces like a cinema or gym. The house contains up to ten bedrooms across two upper floors, providing ample room for family or guests. Many of these rooms are versatile enough to be repurposed according to modern needs, such as creating home offices or dressing rooms. Outside, the expansive garden is well-established and private, offering potential for landscaping enhancements or even further extensions if desired. Located just a short distance from Winchester’s amenities and cultural offerings, this home not only allows for significant renovation potential but also stands as a sound investment in a sought-after area with strong demand for residential properties.

Investment Analysis

(SO23 area)

Below Market Value

This property is priced -47.1% below area average per sq ft

-47.1%
Potential saving
This Property
£263/sq ft
Area Average
£497/sq ft
Avg Rent (weekly)
£354
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£3,734,778
10% above area average per sq ft
Potential ROI
+82.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Christchurch 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
£6,781
Based on a loan of £1,346,250 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

Price History

-20.2% since listed
£1,795,000£155,000(-7.9%)
15/05/2026
Current price
£1,950,000£300,000(-13.3%)
01/05/2026
£2,250,000Initial listing
28/03/2026

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