Worst House on the Street Logo
Downlands Road, Winchester, Hampshire SO22 - Image 1
Downlands Road, Winchester, Hampshire SO22 - Image 2
Downlands Road, Winchester, Hampshire SO22 - Image 3
Downlands Road, Winchester, Hampshire SO22 - Image 4
Downlands Road, Winchester, Hampshire SO22 - Image 5
Downlands Road, Winchester, Hampshire SO22 - Image 6
Downlands Road, Winchester, Hampshire SO22 - Image 7
Downlands Road, Winchester, Hampshire SO22 - Image 8
Downlands Road, Winchester, Hampshire SO22 - Image 9

Downlands Road, Winchester, Hampshire SO22

South East

£580,000
Listed on 04/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1251 sqft

Description

This detached bungalow in the desirable Olivers Battery area presents a remarkable opportunity for those looking to invest in a property with considerable renovation potential. Boasting spacious single-level living, this residence features a substantial sitting room, a dedicated dining room, a kitchen with an adjoining utility space, and three well-sized bedrooms. A family bathroom services the sleeping quarters, while additional rooms such as a dressing area provide options for reconfiguration to suit personal preferences. The property does require modernization across all areas, yet this opens the door to enhancing both its layout and overall aesthetic appeal. For buyers considering expansion, there is potential for extension pending necessary planning permissions, making this an exciting candidate for those wishing to craft their ideal home. The exterior includes a detached garage and surrounding grounds that could be transformed or expanded upon through thoughtful landscaping or structural development. Nestled just outside Winchester's vibrant city center, the location offers excellent local amenities and transport connections, including quick access to mainline rail services. Overall, this property combines community charm with investment potential in a prestigious area.

Investment Analysis

(SO22 area)

Below Market Value

This property is priced -7.3% below area average per sq ft

-7.3%
Potential saving
This Property
£464/sq ft
Area Average
£500/sq ft
Avg Rent (weekly)
£496
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£688,119
10% above area average per sq ft
Potential ROI
+2.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SO22)

Area prices are falling by -3.0% over the last 12 months
3 year growth: -4.9%
5 year growth: -8.9%
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

Downlands Road, Winchester, Hampshire SO22
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,069
Based on a loan of £435,000 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.

Stamp Duty Calculator

Price History

-3.3% since listed
£580,000£20,000(-3.3%)
04/05/2026
Current price
£600,000Initial listing
05/04/2026

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.