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Mill Lane, Nursling, Southampton, SO16

South East

£610,000

Listed on 26/02/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1354 sqft

Description

This charming semi-detached cottage, with roots tracing back to the 17th century, offers a unique opportunity for renovation enthusiasts and investors alike. Nestled in a serene, rural environment adjoining the Lower Test Nature Reserve, this property boasts captivating views and expansive gardens that encourage outdoor living and potential landscaping projects. The current owners have made thoughtful enhancements while preserving many original features, yet there remains scope for further modernization to maximize its appeal. The accommodation spans two floors, featuring a spacious double-aspect sitting room enhanced by natural light and a wood-burning stove—perfect for creating a cozy atmosphere. The kitchen is well-equipped with modern fittings and transitions effortlessly into a newly built garden/dining room characterized by vaulted ceilings and exposed beams, making it an excellent space for family gatherings or entertaining guests. Upstairs comprises three bedrooms including a principal suite with an en-suite shower room, complemented by a stylish family bathroom. Notably, the detached outbuildings present significant potential for conversion into guest accommodation or rental income opportunities (subject to appropriate permissions). With extensive grounds exceeding one third of an acre that blend lawns, fruit trees, and mature shrubs, there is ample room for both leisure and development. Situated on a quiet lane away from heavy traffic yet conveniently close to local amenities and transport links makes this property an attractive proposition for those seeking a tranquil retreat with investment potential.

Investment Analysis

(SO16 area)

Above Market Value

This property is priced +39.7% above area average per sq ft

+39.7%
This Property
£451/sq ft
Area Average
£322/sq ft
Avg Rent (weekly)
£285
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£480,183
10% above area average per sq ft
Potential ROI
-31.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SO16)

Area prices are stable by +1.9% over the last 12 months
3 year growth: +1.6%
5 year growth: +11.2%
Investment Disclaimer: Analysis based on SO16 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

Mill Lane, Nursling, Southampton, SO16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,305
Based on a loan of £457,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-2.4% since listed
£610,000£15,000(-2.4%)
29/05/2026
Current price
£625,000Initial listing
27/02/2026

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