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Romsey

South East

£400,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1270 sqft

Description

Situated on the eastern edge of Romsey, this property is located in the tranquil Westering neighborhood, known for its family-oriented atmosphere and proximity to local amenities. Just 1.2 miles from the town center, residents benefit from easy access to both Romsey train station and frequent bus services along Winchester Road, linking directly to Winchester and Southampton. The surrounding area boasts convenience stores, ample green space, and nearby Tadburn Meadows, offering scenic walking paths and outdoor recreational opportunities. Inside, the home features a spacious layout with a bright living room that welcomes natural light—ideal for relaxation or entertaining guests. A distinct dining/family room provides flexibility for various uses; whether it's a formal dining area, casual lounge, or even a playroom, the choice is yours. The kitchen stands out with a lantern skylight that enhances the ambience of the space. While move-in ready, there’s significant potential for light modernization or renovation to tailor it to your personal style. The current configuration allows for reimagining into an open-plan kitchen/diner and family area—a desirable feature for contemporary living. On the upper level, you will find three well-sized bedrooms along with a family bathroom. Each room is neutrally decorated and presents an opportunity for updates, allowing you to create inviting personal retreats that reflect modern sensibilities. The exterior of the property includes a mostly flat rear garden designed with both privacy and practicality in mind. A spacious paved patio is perfect for outdoor entertaining or family gatherings, while established shrubs and mature trees contribute to a peaceful atmosphere. Additionally, there is off-road parking at the front along with garage access. This property offers generous living space combined with versatility and renovation potential. It represents an appealing investment opportunity for those looking to enhance their living environment in one of Romsey's more desirable residential areas. With options for updating interiors or expanding upon existing structures, this home invites creativity and personalization from future homeowners.

Investment Analysis

(SO51 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£315/sq ft
Area Average
£435/sq ft
Avg Rent (weekly)
£299
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£40,000 - £100,000
10-25% of property value
Target Value
£607,765
10% above area average per sq ft
Potential ROI
+21.6%
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

Romsey
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