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Elgin Close, Hythe, SO45

South East

£385,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
936 sqft

Description

Nestled on a desirable corner lot in a quiet cul-de-sac just outside of Hythe, this detached bungalow offers significant renovation and investment potential for the discerning buyer. The home features three well-proportioned bedrooms, a bathroom, a cozy lounge, and a separate kitchen and dining area, providing a solid foundation for those looking to make enhancements or remodel the layout to better suit modern living. In addition to its spacious interiors, the property includes gas central heating for year-round comfort and practical amenities such as driveway parking and a single garage. The outdoor space is particularly noteworthy, with mature gardens spanning the front, rear, and side of the house—perfect for gardening enthusiasts or those who envision creating an outdoor sanctuary. This property comes with no forward chain, presenting a straightforward opportunity for customization. Whether you’re planning extensive renovations or seeking to enhance key areas for increased value, this home provides the flexibility to meet your vision. Located in an established residential neighborhood on the fringes of Hythe Village and Waterfront, residents will enjoy easy access to local shops, dining options, and the charming waterfront lifestyle. Public transport links are readily available, facilitating travel to surrounding areas. Nearby Dibden offers additional conveniences like supermarkets and leisure facilities. Educational options are plentiful across the Waterside region, serving all age groups, including local infant and primary schools in Hythe itself. For outdoor enthusiasts, both New Forest National Park and stunning coastlines are just a short drive away, adding to the appeal of this property's location.

Investment Analysis

(SO45 area)

Above Market Value

This property is priced +12.6% above area average per sq ft

+12.6%
This Property
£411/sq ft
Area Average
£365/sq ft
Avg Rent (weekly)
£314
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£376,216
10% above area average per sq ft
Potential ROI
-13.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (SO45)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -3.5%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on SO45 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

Elgin Close, Hythe, SO45
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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
£1,410
Based on a loan of £288,750 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