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Mill Lane, Hampshire, Southampton, SO16

South East

£625,000
Listed on 26/02/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1354 sqft

Description

This charming semi-detached cottage, dating back to the 17th century, is nestled in a serene rural landscape adjacent to the Lower Test Nature Reserve. The property, part of the historic Longdown Estate, boasts a wealth of period features combined with modern comforts, making it a unique opportunity for those looking to invest in a home with character and potential. The well-arranged two-level layout offers inviting spaces including a spacious double-aspect sitting room with a wood-burning stove that enhances its warmth. The kitchen is equipped with contemporary units and flows into a stunning garden/dining room featuring vaulted ceilings and exposed beams, ideal for entertaining or enjoying tranquil views of the surrounding gardens. Upstairs, you’ll find three generously sized bedrooms including a principal suite with an en-suite shower room, complemented by a stylish family bathroom. Beyond the generous indoor spaces lies an impressive garden extending over one-third of an acre, providing ample privacy and opportunities for outdoor enjoyment. Importantly, the property includes several detached outbuildings that present significant potential for renovation into guest accommodation or even as rental units. With appropriate planning permissions, these spaces could be transformed to enhance value or generate income. Located within easy reach of local amenities and major transport links while surrounded by picturesque nature, this property represents an exceptional chance not only to acquire a beautifully maintained residence but also to engage in further development within this desirable area.

Investment Analysis

(SO16 area)

Above Market Value

This property is priced +43.9% above area average per sq ft

+43.9%
This Property
£462/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£299
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£477,725
10% above area average per sq ft
Potential ROI
-34.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SO16)

Area prices are falling by -6.1% over the last 12 months
3 year growth: -5.1%
5 year growth: +5.1%
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, Hampshire, Southampton, SO16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,214
Based on a loan of £468,750 over 30 years at 3.91% 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

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