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Grange Close, Everton

South East

£465,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1461 sqft

Description

Set in a tranquil cul-de-sac and surrounded by mature trees, this detached three-bedroom home presents an excellent opportunity for renovation and investment. Having remained under the same family ownership since it was built, the property is now ready for modern updates that could unlock its full potential. With good-sized rear gardens, there is ample space for outdoor enhancements or landscaping to create a personal retreat. The layout includes a welcoming hallway that leads to an open-plan living and dining area, providing a versatile space for various configurations. The kitchen/breakfast room offers practical space for culinary activities, while additional features like a cloakroom and utility room enhance functionality on the ground floor. Upstairs, three bedrooms provide comfortable sleeping quarters accompanied by a bathroom and separate toilet, ideal for reconfiguration or expansion. This property comes with chain-free convenience and is set within a desirable location just one mile from the Hampshire south coast, close to the New Forest National Park. The nearby village of Everton boasts essential amenities including a well-regarded pub/restaurant and a village shop/post office. For more extensive shopping and dining options, Milford-on-Sea is just 1.5 miles away, offering delightful cafes and award-winning restaurants. Moreover, the charming market town of Lymington is approximately 3 miles from the home and features renowned sailing facilities along with ferry services to Yarmouth on the Isle of Wight. With its solid structure in need of modernisation and a sought-after locale, this property represents a promising investment opportunity for those looking to make their mark in an attractive part of Hampshire.

Investment Analysis

(SO41 area)

Below Market Value

This property is priced -34.8% below area average per sq ft

-34.8%
Potential saving
This Property
£318/sq ft
Area Average
£488/sq ft
Avg Rent (weekly)
£335
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£784,024
10% above area average per sq ft
Potential ROI
+49.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (SO41)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -16.9%
5 year growth: -1.9%
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

Grange Close, Everton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,677
Based on a loan of £348,750 over 30 years at 4.06% 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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