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Carters Clay Road, Newtown, ROMSEY - Image 1
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Carters Clay Road, Newtown, ROMSEY

South East

£450,000
Listed on 22/03/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
855 sqft

Description

This four/five bedroom detached chalet bungalow presents a significant opportunity for renovation and investment, set on a generous plot in a tranquil semi-rural location near Newtown. While the property is in need of comprehensive modernisation, it boasts ample space with potential for extension and reconfiguration (subject to planning permission) to create an attractive family residence. The property features off-road parking, a rear garage, and a sizeable detached workshop equipped with power and lighting, adding further appeal for those looking to enhance the home or explore additional uses for the workshop. With proximity to Romsey's amenities and local schools, this property is well-positioned in a desirable area, making it an ideal candidate for buyers seeking their next project.

Investment Analysis

(SO51 area)

Above Market Value

This property is priced +21.3% above area average per sq ft

+21.3%
This Property
£526/sq ft
Area Average
£434/sq ft
Avg Rent (weekly)
£348
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£408,036
10% above area average per sq ft
Potential ROI
-25.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (SO51)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -5.7%
5 year growth: +3.9%
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
£1,623
Based on a loan of £337,500 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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