2-bedroom terraced house · SO23 0HT
Listing removedListed 78 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on Winchester’s highly desirable St Johns Street, this charming period home has been thoughtfully renovated to an exceptional standard, beautifully combining character features with elegant contemporary finishes.
The property offers well-balanced accommodation arranged over two floors. The entrance opens into a welcoming, bright and spacious sitting/dining room, ideal for both everyday living and entertaining.
Next door, a bespoke fitted kitchen is beautifully appointed, featuring quality cabinetry, integrated appliances, and stone worktops.
Upstairs, two generous double bedrooms, both enhanced by large windows and excellent natural light, provide well-proportioned accommodation. Both are served by a stylish family bathroom.
A particularly noteworthy feature of the property is the useful underground basement level, offering excellent flexibility as a, studio, gym or valuable additional storage space.
The property also benefits from access to a communal courtyard, while further advantages include private off-street parking - a rare and valuable asset in this central location.
PROPERTY INFORMATION: Council Tax: Band C Services: • Mains Electricity • Mains Gas • Mains Water & Drainage Broadband: Full Fibre to The Property. (Checked on Openreach April 2026).
Mobile Signal: Coverage With Certain Providers.
Heating: Gas fired hot water radiators EPC Rating: Band D Parking: Residents Car Port Holding Deposit = 1 Weeks Rent Security Deposit = 5 Weeks Rent Location: Located in the heart of the City of Winchester, at the lower end of St John’s Street, the property enjoys an enviable position moments from the city’s outstanding amenities.
Winchester offers an excellent selection of high street shops, independent boutiques, cafés, public houses, restaurants, theatre, cinema, museums and the city’s historic cathedral, as well as beautiful nearby water meadows.
Winchester mainline station provides fast rail links to London Waterloo in approximately 55 minutes, while the M3, A34 and A33 offer excellent road connections.
Renowned for its outstanding schooling, historic architecture and excellent access to surrounding countryside, Winchester offers an exceptional lifestyle in a well-connected setting.
Directions: From our office in Southgate Street, walk down the High Street, passing the Guildhall on the right-hand side. Cross the bridge over the river, passed the City Mill.
The second road on the left is St John's Street, and Magdalen Mews can be found immediately on the right.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Magdalen Mews, St. Johns Street, Winchester, Hampshire, SO23
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