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2 bed flat for sale Peninsula Square, Winchester, SO23

Guide price

£500,000

Reduced on 19/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £394 per sq ft
Tenure: Leasehold; 969 years left(from the agent's description)

Service charge £8,836 a yearNo ground rent (peppercorn) Council tax Band F £3,409 a year

* From the agent's description. Check it with them before you rely on it.

Key features

Two double bedrooms
Main bedroom with en suite
Spacious sitting/dining room
Separate fitted kitchen
Two allocated parking spaces
Prestigious city-centre development
Ground floor position
No onward chain

About this property

Classic two-bedroom ground floor apartment within the prestigious Peninsula Barracks development, moments from Winchester city centre and railway station.

S

ituated within the highly sought-after Peninsula Barracks development, this spacious ground floor apartment offers well-balanced accommodation extending to approximately 1,238 sq ft and combines modern comfort with a superb central Winchester location.

Floorplan

Council tax

Band F £3,409 a year

Per year

Band A

£1,573
Band B

£1,835
Band C

£2,098
Band D

£2,360
Band E

£2,884
Band F

This home: £3,409
Band G

£3,933
Band H

£4,720

This home is in band F, which costs £3,409 a year in Winchester for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Winchester, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

64 comparables · within 2.9 miles

Priced above 78% of the 2-bed flats for sale nearby right now.

This home, £500,000 Median £332,500 · £226,500 – £581,500

Per square foot

£394 5% under

2-bed flats nearby £414

Against sold prices

20% under

SO23 sold median £490 / sq ft, 636 sales

Compared with 64 2-bed flats for sale within 2.9 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in SO23 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in SO23 →

Location

Peninsula Square, Winchester, SO23

Open map Street View

Mortgage and stamp duty

Property price £500,000

£250k £750k

Deposit10% £50,000

£0 £500k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £450,000 mortgage. Most lenders would want a household income of about £100,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
33, Peninsula Square Flat / maisonette	Flat / maisonette	Oct 2025	1,173 sq ft £639/sq ft	1,173 sq ft	£639	£750,000
The Kings House, 53, Peninsula Square Flat / maisonette	Flat / maisonette	Oct 2025	1,367 sq ft £446/sq ft	1,367 sq ft	£446	£610,000
47, Peninsula Square Flat / maisonette	Flat / maisonette	May 2025	1,141 sq ft £609/sq ft	1,141 sq ft	£609	£695,000
45, Peninsula Square Flat / maisonette	Flat / maisonette	Oct 2024	1,324 sq ft £529/sq ft	1,324 sq ft	£529	£700,000
43, Peninsula Square Flat / maisonette	Flat / maisonette	Aug 2024	1,184 sq ft £549/sq ft	1,184 sq ft	£549	£650,000
20, Peninsula Square Terraced	Terraced	Jul 2024	2,583 sq ft £871/sq ft	2,583 sq ft	£871	£2,250,000
47, Peninsula Square Flat / maisonette	Flat / maisonette	Feb 2024	1,141 sq ft £614/sq ft	1,141 sq ft	£614	£700,000
8, Peninsula Square Terraced	Terraced	Mar 2023	1,916 sq ft £100/sq ft	1,916 sq ft	£100	£192,500