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Springfield Close, Lymington, Hampshire, SO41 - Image 1
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Springfield Close, Lymington, Hampshire, SO41 - Image 5
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Springfield Close, Lymington, Hampshire, SO41

South East

£825,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1561 sqft

Description

Nestled within a quiet and desirable close in Lymington, this three-bedroom detached chalet-style bungalow is ideally located near the vibrant High Street and accessible to the local marinas and yacht clubs. While the property has been well looked after, it presents a significant opportunity for modernisation to appeal to contemporary tastes. Upon entry, the welcoming hall leads to a cloakroom with WC and features stairs ascending to the first floor. The spacious principal reception room spans the entire depth of the house, benefiting from a dual aspect that fills the space with natural light. Adjacent to this is a dining room that offers direct access to the rear garden, providing an ideal setting for both entertaining and family gatherings. The adjoining kitchen is fitted with ample cabinetry and offers views of the garden as well as backdoor access to facilitate outdoor activities. The ground floor incorporates a generous double bedroom featuring built-in wardrobes and an en suite shower room, effectively creating a self-contained suite that will appeal to families or guests alike. Upstairs, you’ll find two additional double bedrooms under sloping ceilings, serviced by a separate shower room which could benefit from refurbishment. Outside, the front garden combines shingle and mature shrubbery while offering driveway parking leading to a detached garage. The south-facing rear garden is equipped with a paved terrace perfect for al fresco dining and a level lawn bordered by mature plants—a promising canvas for landscaping enhancements. A gate at the end of the garden allows convenient access to Mayflower Close. This property's location within Lymington—a town celebrated for its rich history and thriving community—presents an excellent investment opportunity for those looking to create their ideal home close to coastal amenities and recreational activities in both land and water sports.

Investment Analysis

(SO41 area)

Above Market Value

This property is priced +8.3% above area average per sq ft

+8.3%
This Property
£529/sq ft
Area Average
£488/sq ft
Avg Rent (weekly)
£335
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£837,687
10% above area average per sq ft
Potential ROI
-4.3%
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

Springfield Close, Lymington, Hampshire, SO41
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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
£2,975
Based on a loan of £618,750 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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