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Springfield Close, Lymington, Hampshire, SO41 - Image 1
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Springfield Close, Lymington, Hampshire, SO41

South East

£825,000
Listed on 03/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1561 sqft

Description

Nestled in a tranquil cul-de-sac on the south side of Lymington High Street, this three-bedroom detached chalet-style bungalow offers a solid foundation for those looking to invest in a property with significant renovation potential. While this home has been well maintained and is presented in good condition, it also invites creative updates to align with modern preferences. Upon entering, you are greeted by a welcoming entrance hall that leads to a cloakroom with WC and offers access to the first floor. The principal reception room spans the full depth of the house, showcasing a dual aspect that floods the space with natural light. A connecting door opens into the dining room, which features direct access to the rear garden—a perfect setting for future entertaining or relaxing outdoors. The kitchen adjoins this space, equipped with cabinetry and situated to provide pleasant views of the garden while allowing for flexible reconfiguration. On the ground floor, there’s a spacious double bedroom complete with built-in wardrobes and an en suite shower room, making it an ideal option for guests or as a master suite. Upstairs, two additional double bedrooms feature charming sloping ceilings and are serviced by a shared shower room. The outdoor spaces enhance this property's appeal. The front garden showcases attractive landscaping with mature shrubs and shingle pathways, while a driveway leads to a detached garage providing off-road parking. The south-facing rear garden is particularly inviting, featuring a paved terrace and level lawn bordered by mature plants—ideal for future enhancements or landscaping projects. Additionally, direct access through a gate at the end of the garden allows easy pedestrian entry to Mayflower Close. Properties in this desirable area rarely come onto the market, making this detached bungalow an excellent opportunity for those looking to create their dream home close to Lymington's waterfront attractions and marina facilities. Lymington itself boasts a rich blend of Georgian charm coupled with vibrant local amenities. Its bustling High Street is home to national retailers alongside unique boutiques and eateries. With an active Saturday market drawing both residents and visitors alike, along with renowned sailing opportunities thanks to its marinas and yacht clubs offering direct Solent access, Lymington caters to diverse lifestyles. Outdoor enthusiasts will appreciate proximity to both coastal paths and the stunning landscapes of New Forest National Park—perfect for walking or cycling adventures. Local sports facilities are plentiful; from golf courses to tennis clubs and even open-air seawater baths during summer months. Educational institutions from infant through secondary schools are conveniently accessible from the town center, adding further value for families seeking community-oriented living. This

Investment Analysis

(SO41 area)

Above Market Value

This property is priced +8.8% above area average per sq ft

+8.8%
This Property
£529/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£342
Avg Yield
3.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£834,167
10% above area average per sq ft
Potential ROI
-2.4%
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

Springfield Close, Lymington, Hampshire, 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
£3,022
Based on a loan of £618,750 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