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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 15/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
855 sqft

Description

This four/five bedroom detached chalet bungalow presents an excellent investment opportunity for those looking to undertake a substantial renovation project. Nestled on a sizable plot in the peaceful semi-rural area of Newtown, just five miles from Romsey, the property is poised for transformation. While it currently requires comprehensive modernisation, its spacious layout allows for various reconfiguration options to create a contemporary family home. The grounds include off-road parking, a garage, and a large detached workshop with power and lighting, further enhancing its appeal. With nearby amenities and schools making it suitable for families, this property is ripe for an ambitious buyer ready to realise its potential (subject to planning permission). Accessed via a quiet road, this bungalow offers the possibility to extend or modify to fit modern living needs while being surrounded by local conveniences.

Investment Analysis

(SO51 area)

Above Market Value

This property is priced +29.4% above area average per sq ft

+29.4%
This Property
£556/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
£403,663
10% above area average per sq ft
Potential ROI
-29.8%
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

Carters Clay Road, Newtown, ROMSEY
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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
£1,713
Based on a loan of £356,250 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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