Worst House on the Street Logo
Renouf Close, Pennington, Lymington, Hampshire, SO41 - Image 1
Renouf Close, Pennington, Lymington, Hampshire, SO41 - Image 2
Renouf Close, Pennington, Lymington, Hampshire, SO41 - Image 3
Renouf Close, Pennington, Lymington, Hampshire, SO41 - Image 4
Renouf Close, Pennington, Lymington, Hampshire, SO41 - Image 5
Renouf Close, Pennington, Lymington, Hampshire, SO41 - Image 6
Renouf Close, Pennington, Lymington, Hampshire, SO41 - Image 7
Renouf Close, Pennington, Lymington, Hampshire, SO41 - Image 8
Renouf Close, Pennington, Lymington, Hampshire, SO41 - Image 9
Renouf Close, Pennington, Lymington, Hampshire, SO41 - Image 10
Renouf Close, Pennington, Lymington, Hampshire, SO41 - Image 11

Renouf Close, Pennington, Lymington, Hampshire, SO41

South East

£530,000
Listed on 20/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1554 sqft

Description

This four-bedroom detached home presents a unique opportunity for renovation in a tranquil cul-de-sac setting. Nestled on a generous plot, the property is conveniently located near essential amenities such as local shops, schools, and recreational facilities. It is also within walking distance of Lymington town center, making it an appealing option for families and investors. The accommodation begins with an entrance porch that leads to a welcoming large entrance hall. The layout includes a spacious sitting room featuring a cast iron fireplace, ideal for cozy gatherings. The kitchen and dining area span over 33 feet, offering considerable space for culinary activities and family meals. This area is equipped with various wall-mounted cupboards, quartz work surfaces, and has provisions for modern appliances including a gas hob and double oven. On the ground floor, you will find two bedrooms—one of which can easily function as a study—along with a bathroom that features both bath and shower facilities. Moving to the first floor, the main bedroom boasts ample dimensions with built-in wardrobe storage, complemented by another well-sized bedroom that connects to an additional bathroom complete with a shower cubicle. Outdoor spaces include a front driveway capable of accommodating multiple vehicles while maintaining privacy with hedged boundaries surrounding the lawned garden. A single garage adds further practicality. The rear garden offers potential for enhancement; it currently features gravelled and terraced areas alongside a sizable lawn, all bordered by hedges and fencing that ensure seclusion. With some modernization efforts, this property could evolve into an attractive family residence or serve as a lucrative investment opportunity within this desirable locality.

Investment Analysis

(SO41 area)

Below Market Value

This property is priced -29.8% below area average per sq ft

-29.8%
Potential saving
This Property
£341/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£342
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£830,427
10% above area average per sq ft
Potential ROI
+36.1%
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

Renouf Close, Pennington, Lymington, Hampshire, SO41
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,942
Based on a loan of £397,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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