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Knapp Lane, Ampfield, Romsey, Hampshire - Image 1
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Knapp Lane, Ampfield, Romsey, Hampshire

South East

£500,000
Listed on 06/10/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
2161 sqft

Description

Nestled in a tranquil setting on a quiet road, this five-bedroom house presents an excellent opportunity for renovation and investment. The property sits on a sizable plot that allows for both expansion and landscaping potential, making it ideal for those looking to customize and enhance their living space. While the home requires significant modernisation, its spacious and adaptable layout can easily accommodate various living arrangements. Located in the desirable Parish of Ampfield, the property is conveniently situated near the Ampfield Golf & Country Club and The White Horse, a well-regarded local pub. The surrounding area offers easy access to the amenities of Winchester and Romsey, which boast a variety of shops, restaurants, bars, and a railway station for straightforward commuting. Major roadways such as the M27, M3, and A36 are also within reach, facilitating quick travel to nearby destinations. The house features a charming façade that is set back from the road, providing a sense of privacy. Inside, you will find generous living areas complemented by characterful details throughout. Notably, there is a double garage with ample off-road parking available. A downstairs bedroom or garden room equipped with French doors leads out to the garden space, providing potential for further development or as a functional area for guests or family members. For investors or those looking to create their dream home through renovations, this property offers a blank canvas in a sought-after location with significant potential for enhancement.

Investment Analysis

(SO51 area)

Below Market Value

This property is priced -46.8% below area average per sq ft

-46.8%
Potential saving
This Property
£231/sq ft
Area Average
£435/sq ft
Avg Rent (weekly)
£299
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£1,034,157
10% above area average per sq ft
Potential ROI
+65.5%
After renovation
Monthly Sales
19
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (SO51)

Area prices are falling by +2.3% over the last 12 months
3 year growth: -10.0%
5 year growth: 2.9%
Investment Disclaimer: Analysis based on SO51 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

Knapp Lane, Ampfield, Romsey, Hampshire
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