Worst House on the Street Logo
Sea Road, Milford on Sea, Lymington, Hampshire, SO41 - Image 1
Sea Road, Milford on Sea, Lymington, Hampshire, SO41 - Image 2
Sea Road, Milford on Sea, Lymington, Hampshire, SO41 - Image 3
Sea Road, Milford on Sea, Lymington, Hampshire, SO41 - Image 4
Sea Road, Milford on Sea, Lymington, Hampshire, SO41 - Image 5
Sea Road, Milford on Sea, Lymington, Hampshire, SO41 - Image 6
Sea Road, Milford on Sea, Lymington, Hampshire, SO41 - Image 7
Sea Road, Milford on Sea, Lymington, Hampshire, SO41 - Image 8
Sea Road, Milford on Sea, Lymington, Hampshire, SO41 - Image 9
Sea Road, Milford on Sea, Lymington, Hampshire, SO41 - Image 10
Sea Road, Milford on Sea, Lymington, Hampshire, SO41 - Image 11

Sea Road, Milford on Sea, Lymington, Hampshire, SO41

South East

£900,000
Listed on 14/06/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2595 sqft

Description

Situated on a generous corner plot, this four-bedroom chalet-style bungalow presents a significant opportunity for renovation and investment. While the property requires modernization, its practical layout and character-filled design offer a solid foundation for future enhancements. Upon entering through the double-glazed porch, you’ll find a hallway that leads to a staircase ascending to the first floor. To the left, a spacious dual-aspect sitting room features an electric fireplace and charming architectural details, alongside handy under-stairs storage and additional built-in cupboards located in the hallway. The ground floor is home to two well-sized double bedrooms. The principal bedroom includes fitted wardrobes and an en-suite shower room equipped with a WC, sink, and heated towel rail. Overlooking the rear garden, the second bedroom also benefits from built-in storage solutions. A separate bathroom on this level is complete with a bath that features an overhead mixer shower. The kitchen, while functional as it stands, is ready for a modern touch with its gas hob and integrated appliances including a Siemens dishwasher and Zanussi oven and grill. This area extends into a utility space with side access to the rear patio—ideal for outdoor entertaining—and includes provisions for laundry appliances as well as additional refrigerator space. The kitchen opens into a second reception room currently utilized as a dining area, which then leads to a conservatory basking in southern sunlight. Outside, the property boasts an expansive front lawn adorned with mature shrubs and metal railings that enhance curb appeal. A side gate reveals a private garden featuring established greenery along with both patio and lawn areas for leisure or gardening pursuits. The property also benefits from access to a double garage offering extra storage options above it and off-road parking suitable for two vehicles. Located in an area known for its potential growth and community amenities, this bungalow stands as an appealing project for those looking to craft their ideal home or secure an investment opportunity in real estate.

Investment Analysis

(SO41 area)

Below Market Value

This property is priced -28.6% below area average per sq ft

-28.6%
Potential saving
This Property
£347/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£342
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,386,716
10% above area average per sq ft
Potential ROI
+40.1%
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

Sea Road, Milford on Sea, Lymington, Hampshire, SO41
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,297
Based on a loan of £675,000 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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