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Malmesbury Road, Romsey

South East

£400,000
Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
820 sqft

Description

This well-established three-bedroom semi-detached home has been cherished by the same owner for nearly half a century, making it a unique find in Romsey. The property boasts a spacious lounge with a traditional bay window, a kitchen diner that invites family gatherings, and a convenient downstairs WC. The driveway features a drop curb for easy access, while the expansive rear garden provides ample space for landscaping or future extensions. With schools and local amenities within walking distance, this home presents significant refurbishment potential ideal for investment or personal customization. The structure includes an entrance hall leading to well-proportioned living spaces. Upstairs are three bedrooms, two generous doubles and one single, accompanied by a family bathroom. An efficient Worcester combination boiler (approximately six years old) ensures good functionality, although some updates could enhance comfort and energy efficiency. The exterior features both front and substantial rear gardens—primarily laid to lawn—creating an excellent backdrop for families and potential extensions in the future. Whether you're looking to modernize the interiors or reconfigure spaces to better suit your lifestyle needs, this property offers an attractive canvas for renovation projects.

Investment Analysis

(SO51 area)

Above Market Value

This property is priced +12.1% above area average per sq ft

+12.1%
This Property
£488/sq ft
Area Average
£435/sq ft
Avg Rent (weekly)
£317
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£392,370
10% above area average per sq ft
Potential ROI
-8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SO51)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -7.4%
5 year growth: +0.2%
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

Malmesbury Road, Romsey
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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
£1,417
Based on a loan of £300,000 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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