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Western Road, Lymington, Hampshire, SO41

South East

£925,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2143 sqft

Description

This spacious four-bedroom detached Edwardian home spans approximately 2,500 square feet and showcases a blend of original architectural features with potential for modernization. While it currently requires some updating, the property presents a valuable opportunity for investors or those looking to create their ideal family residence. Upon entering, you are greeted by a welcoming hallway that leads to both the main living areas and the upper floor. The family room at the front boasts a striking bay window and a traditional fireplace, offering a cozy atmosphere. The expansive main living room features another period fireplace and connects seamlessly to the dining area and conservatory across the rear of the house. This space is designed for natural light, with bi-fold doors that open into the garden, blurring the lines between indoor and outdoor living. The kitchen includes an array of fitted units, allowing for potential upgrades or reconfiguration to suit modern needs. A practical hallway from the conservatory provides additional storage options and access to a cellar beneath the property. Upstairs, you'll find three generously sized bedrooms, each exuding character, particularly bedrooms one and three with their grand bay windows. A family bathroom along with a separate WC serve this level. The exterior features an inviting front garden enclosed by wrought iron railings, while the rear garden is notably expansive and primarily paved, accommodating an ornamental pond and a magnolia tree. At its far end lies a brick-built garden room equipped with a pizza oven—perfect for entertaining or as a creative workspace. Additional practicality is provided by a double garage and off-road parking accessible via a shared driveway. Situated in Lymington, this property benefits from proximity to essential amenities including schools—both primary and secondary—which are well-regarded in the area. Local shopping ranges from national retailers like Marks & Spencer and Waitrose to charming independent boutiques and eateries. The vibrant weekly market draws both locals and visitors alike. Lymington is ideal for water sports enthusiasts with access to marinas and sailing clubs along the nearby Solent coast. Nature lovers will appreciate close proximity to the New Forest—offering excellent opportunities for equestrian activities, walking paths, and cycling routes. The town also boasts various recreational facilities including golf courses, community centers, libraries, swimming pools, and local sports clubs catering to diverse interests. Given its size, location, and potential for renovations tailored to contemporary tastes or family needs, this property stands out as an appealing investment opportunity within this desirable area.

Investment Analysis

(SO41 area)

Below Market Value

This property is priced -11.1% below area average per sq ft

-11.1%
Potential saving
This Property
£432/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£342
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,145,176
10% above area average per sq ft
Potential ROI
+11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SO41)

Area prices are falling by +10.7% over the last 12 months
3 year growth: -17.6%
5 year growth: -2.1%
Investment Disclaimer: Analysis based on SO41 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

Western Road, Lymington, Hampshire, SO41
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,389
Based on a loan of £693,750 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE