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Western Road, Lymington, Hampshire, SO41 - Image 1
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Western Road, Lymington, Hampshire, SO41

South East

£599,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1472 sqft

Description

This three-bedroom semi-detached Victorian cottage, accompanied by a separate self-contained one-bedroom annex, offers appealing renovation and investment potential in the heart of Lymington. Situated near essential amenities such as Waitrose, local schools, and the High Street, the property benefits from a convenient location while maintaining a sense of tranquility. The main house features an inviting entrance porch that leads into a dining room and kitchen equipped with a range of wall and floor units alongside integrated appliances. A conservatory that overlooks the garden provides additional living space and connects to a utility room complete with a WC. This utility area includes space for laundry appliances and is outfitted with a modern wall-mounted Worcester gas boiler. The sitting room boasts triple-aspect windows highlighting its character, centered around an eye-catching feature fireplace that establishes both warmth and functionality within the space. Ascending to the first floor reveals three bedrooms, with two larger rooms benefiting from fitted wardrobes. The bathrooms are functional, featuring a panelled bath with shower attachment, WC, vanity unit, and a generous airing cupboard for ample storage. The south-facing rear garden is designed for low maintenance, featuring an attractive rockery and paved terrace bordered by flower beds. A secure walled and fenced perimeter enhances privacy while providing access to the detached self-contained annex via a rear gate. Ideal for guests or as a rental option, this annex comes equipped with an open-plan sitting area featuring a kitchenette. Its layout includes essential amenities such as an integrated oven and hob, while the first-floor bedroom offers an en suite shower room. With its combination of location benefits and renovation possibilities, this property presents an exciting opportunity for those looking to invest in real estate or create their dream home amidst Lymington's charm.

Investment Analysis

(SO41 area)

Below Market Value

This property is priced -18.2% below area average per sq ft

-18.2%
Potential saving
This Property
£407/sq ft
Area Average
£497/sq ft
Avg Rent (weekly)
£344
Avg Yield
2.9%

Renovation Potential

Est. Renovation Cost
£59,900 - £149,750
10-25% of property value
Target Value
£805,147
10% above area average per sq ft
Potential ROI
+7.5%
After renovation
Monthly Sales
18
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SO41)

Area prices are falling by +12.1% over the last 12 months
3 year growth: -16.7%
5 year growth: 1.5%
Investment Disclaimer: Analysis based on SO41 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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
Map showing location of Western Road, Lymington, Hampshire, SO41
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