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High Street, Lymington, SO41

South East

£400,000
Listed on 31/12/2025

Property Details

Bedrooms
1
Type
Flat
Area
1582 sqft

Description

This first-floor Grade II Listed apartment, situated at the base of Lymington High Street, presents a compelling opportunity for renovation enthusiasts and investors alike. The residence boasts one spacious bedroom with potential for a second bedroom or versatile living area thanks to its generous layout. It features distinctive architectural elements such as high ceilings, original beams, and a grand Georgian window that floods the space with natural light. A unique aspect of this property is the private south-facing garden, complete with outbuildings that offer significant redevelopment possibilities (subject to planning permission). While the apartment has been maintained to a good standard with recent rewiring and modern heating installed, it does require a new kitchen and bathroom update to maximize its potential. The charm of this character-filled home combined with its location, just moments from local amenities in historic Lymington, makes it an appealing project for discerning buyers looking for investment opportunities or a personal design project.

Investment Analysis

(SO41 area)

Below Market Value

This property is priced -48.0% below area average per sq ft

-48.0%
Potential saving
This Property
£253/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£342
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£845,389
10% above area average per sq ft
Potential ROI
+96.6%
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

High Street, Lymington, 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
£1,465
Based on a loan of £300,000 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.

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