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Thurmond Crescent, Stanmore SO22

South East

£365,000

Listed on 04/06/2026

Property Details

Bedrooms
4
Type
Semi Detached
Area
970 sqft

Description

This four-bedroom HMO presents a unique opportunity for investors, complete with a tenancy in place and a new letting agreement already established for the upcoming summer. Located in the prime rental zone of Stanmore, Winchester, it has consistently attracted both students and professionals due to its proximity to the University of Winchester and access to local amenities.

The layout spans two levels, featuring four genuine bedrooms, which is a notable advantage in the local market. On the ground floor, there is a spacious double bedroom alongside a comfortable communal sitting area, an equipped kitchen/dining space, and a practical ground floor WC. The upper level offers three additional well-sized bedrooms, including an impressively large principal room, plus a family bathroom with shower over bath—making it conducive for sharing arrangements.

Presented in generally good condition and fully furnished for an easy transition within existing tenancy arrangements, this property also boasts a private rear garden that holds low-maintenance appeal while providing potential for development or extension (subject to planning permission).

Its strategic location on Thurmond Crescent ensures it remains highly desirable among students and local professionals alike, benefitting from good transport links and nearby shops. Additionally, it features permit parking and enjoys strong long-term rental demand—a significant consideration for any investment portfolio.

With the current tenancy ensuring immediate cash flow and the potential for enhancing rental value through cosmetic updates or reconfiguration options—pending necessary consents—this property serves as an excellent entry point into HMO investments for first-time buyers or seasoned landlords looking to expand their portfolios.

Investment Analysis

(SO22 area)

Below Market Value

This property is priced -25.1% below area average per sq ft

-25.1%
Potential saving
This Property
£376/sq ft
Area Average
£503/sq ft
Avg Rent (weekly)
£488
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£536,168
10% above area average per sq ft
Potential ROI
+34.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SO22)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -4.0%
5 year growth: -7.3%
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

Thurmond Crescent, Stanmore SO22
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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
£1,379
Based on a loan of £273,750 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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