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Westfield Road, Lymington, Hampshire, SO41

South East

£270,000
Listed on 06/10/2025

Property Details

Bedrooms
1
Type
Detached house
Area
344 sqft

Description

This attached single-storey residence presents a unique opportunity for renovation and investment, ideally suited for those looking to put their personal touch on a property. Nestled in a tranquil setting away from the bustle of the road, it is conveniently located within walking distance to local yacht clubs, the marina, and the vibrant Lymington Town Centre. The interior features an open plan kitchen and living room measuring 16'2" x 12'1". The kitchen area has floor-standing and wall-mounted cupboards, offering ample storage space. It comes with essential appliances including an electric hob with an oven below, as well as plumbing provisions for a washing machine and fridge-freezer. The living area benefits from two radiators and a box bay window that invites natural light, creating a bright atmosphere. The bedroom, measuring 12'2" x 9'6", includes access to roof space and double-glazed doors leading directly to the garden. This connection to outdoor space enhances the potential for creating a peaceful retreat or entertaining area. The property also includes a shower room equipped with an enclosed cubicle, electric shower, WC, wash basin, and radiator. Outside, the small enclosed rear garden is primarily gravelled, providing a low-maintenance outdoor area that leads to a summerhouse—ideal for converting into additional usable space or storage. A side gate offers convenient access to the garden. A noteworthy feature of this property is the dedicated parking space located at the rear. This adds further appeal for potential tenants or buyers looking for ease of access in this desirable location. With its promising investment potential and ability to customize through modernization, this residence stands out as an excellent opportunity for those interested in enhancing value through thoughtful updates in a sought-after neighborhood.

Investment Analysis

(SO41 area)

Above Market Value

This property is priced +61.6% above area average per sq ft

+61.6%
This Property
£785/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£342
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£183,827
10% above area average per sq ft
Potential ROI
-37.7%
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

Westfield 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
£989
Based on a loan of £202,500 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