We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom semi-detached house · SO23 0QQ
Listing removedListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property: Having been a rental investment for many years, this property now lends itself to a complete overhaul and refurbishment.
The house has a lovely south facing garden and backs onto allotments with views over the Downs beyond.
The Location: Lying just to the east of the city centre, Gordon Avenue provides great access to the city centre and surrounding countryside alike, whilst junctions 9 and 10 of the M3 are easily accessible nearby.
The road also enjoys residents on-road parking.
Enjoying easy access into the city centre, great nearby road links and a magnificent southerly aspect to the rear which enjoys views over neighbouring allotments, recreation ground, Chilcomb Ridge and, most prominently, St.
Catherine’s Hill. Directions: From the city centre proceed along Jewry Street to the traffic lights and turn right onto North Walls.
Keep in the left-hand lane and follow the road around to the right onto Eastgate Street. At the roundabout, with King Alfred statue, turn left onto Bridge Street.
At the next roundabout turn right onto Chesil Street. Proceed along Chesil Street taking the second left onto East Hill then bear right onto Petersfield Road.
Go past the church and turn right into Fivefields Road then right into Nelson Road. At T-junction the property is found just to the left, as identified by our 'For Sale' board.
Viewing: Strictly by appointment through Belgarum Estate Agents . Services: All mains services are connected. Council Tax: Band C - rate for 2025/26 £2,000.31 pa.
EPC Rating: D Parking - On street
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Gordon Avenue, Winchester, SO23
Explore nearby
