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East Dean Road, Lockerley, Romsey, Hampshire, SO51 - Image 1
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East Dean Road, Lockerley, Romsey, Hampshire, SO51 - Image 3
East Dean Road, Lockerley, Romsey, Hampshire, SO51 - Image 4
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East Dean Road, Lockerley, Romsey, Hampshire, SO51 - Image 8
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East Dean Road, Lockerley, Romsey, Hampshire, SO51 - Image 11

East Dean Road, Lockerley, Romsey, Hampshire, SO51

South East

£300,000
Listed on 22/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1159 sqft

Description

This three-bedroom period home presents an exciting opportunity for those looking to invest in a renovation project. Spanning approximately 1,159 sq ft, the property retains many original features, allowing the future owner to craft a tailored living space that marries historical charm with modern conveniences. Given its limited alterations over the years, a thorough refurbishment is necessary to bring this home up to contemporary standards. The layout comprises three reception areas—including a sitting room, dining room, and sun room—alongside a kitchen, conservatory, and bathroom, all arranged across two floors. This configuration not only offers flexibility but also ample scope for reimagining the interior spaces. Nestled within approximately 0.33 acres of land, the grounds provide significant potential for creating landscaped gardens and a spacious driveway, enhancing the overall appeal of the residence. Located in Lockerley, just north-west of Romsey, this home benefits from nearby amenities such as local shops, schools for all ages, and easy access to larger towns like Salisbury and Winchester. With potential for extension subject to necessary permissions, this property is poised to transform into an exceptional dwelling that perfectly harmonizes historic essence with contemporary lifestyle demands.

Investment Analysis

(SO51 area)

Below Market Value

This property is priced -39.7% below area average per sq ft

-39.7%
Potential saving
This Property
£259/sq ft
Area Average
£429/sq ft
Avg Rent (weekly)
£327
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£547,187
10% above area average per sq ft
Potential ROI
+36.8%
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
26%
Properties sold annually

Local Market Trend (SO51)

Area prices are stable by -0.5% over the last 12 months
3 year growth: -9.3%
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

East Dean Road, Lockerley, Romsey, Hampshire, SO51
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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
£1,082
Based on a loan of £225,000 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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