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Vicarage Gardens, Hordle, SO41

South East

£200,000
Listed on 20/10/2025

Property Details

Bedrooms
1
Type
Terraced house
Area
463 sqft

Description

Nestled in a peaceful cul-de-sac in Hordle, this one-bedroom property represents a promising opportunity for those interested in renovation and investment. With the need for comprehensive modernization, it lends itself perfectly to buyers eager to design and implement their vision of home. The living room welcomes you with an abundance of natural light, courtesy of a floor-to-ceiling window and an additional side aspect window. The original wooden floorboards add warmth and character to the space, while a spiral staircase leads to the upper level. Connecting seamlessly with the living area, the kitchen features functional base and wall cabinets, along with space allocated for appliances. A side aspect window provides light, and practical touches include a Vaillant boiler tucked away in one of the cupboards. Ascending to the first floor reveals a landing that opens into a double bedroom equipped with fitted wardrobes and access to the loft. The bathroom includes essential fixtures such as a panelled bath with a thermostatic shower, corner pedestal basin, WC, and heated towel rail. Additional storage can be found in an airing cupboard complete with a hot water cylinder. This property also boasts a small independent garden located just around the corner, offering private outdoor space ideal for quiet relaxation or potential landscaping projects. Additionally, allocated parking for one vehicle adds convenience. With no onward chain, this home serves as a blank canvas that is suitable not only for first-time buyers but also for investors looking for potential appreciation in value within this desirable village setting. Living in Hordle offers residents access to both countryside tranquility and coastal leisure. The community hosts essential amenities including a popular pub, shops, post office, and well-regarded primary school. Furthermore, nearby New Milton provides railway connections to London for commuters. Just a short drive brings you to local beaches at Milford on Sea and Barton on Sea as well as the expansive landscapes of New Forest National Park—making this location an attractive option for those seeking both relaxation and adventure.

Investment Analysis

(SO41 area)

Below Market Value

This property is priced -11.1% below area average per sq ft

-11.1%
Potential saving
This Property
£432/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£342
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£247,418
10% above area average per sq ft
Potential ROI
-1.0%
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

Vicarage Gardens, Hordle, 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
£733
Based on a loan of £150,000 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