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Carters Clay Road, Newtown, ROMSEY - Image 1
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Carters Clay Road, Newtown, ROMSEY

South East

£475,000
Listed on 14/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
855 sqft

Description

This four to five-bedroom detached chalet bungalow presents a noteworthy opportunity for renovation and investment. Situated on a generous plot in the semi-rural Newtown area, approximately 5 miles from Romsey, this property offers ample space both indoors and out. With a substantial detached workshop equipped with power and lighting, there's potential for creative uses, whether as a workspace or additional storage. While the property is in need of comprehensive modernisation, it provides excellent prospects for reconfiguration and enhancement to meet contemporary family needs. The existing layout includes various living spaces along with multiple bedrooms, making it adaptable for future extensions or alterations (subject to planning permission). Residents will benefit from off-road parking options and proximity to local amenities, schools, and transport links to Southampton. Overall, this property is an ideal canvas awaiting rejuvenation to transform it into a desirable family home.

Investment Analysis

(SO51 area)

Above Market Value

This property is priced +30.9% above area average per sq ft

+30.9%
This Property
£556/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£330
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£399,242
10% above area average per sq ft
Potential ROI
-30.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (SO51)

Area prices are falling by +3.1% over the last 12 months
3 year growth: -10.9%
5 year growth: 5.1%
Investment Disclaimer: Analysis based on SO51 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

Carters Clay Road, Newtown, ROMSEY
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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
£1,740
Based on a loan of £356,250 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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