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May Avenue, Lymington, SO41

South East

£625,000
Listed on 23/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1510 sqft

Description

This bungalow, situated in a serene cul-de-sac in Lymington, presents an exceptional opportunity for those looking to invest in a property with remarkable potential. While the home currently features two bedrooms and a generous living space that opens onto a conservatory and sunroom, the true value lies in its expansive half-acre garden and the possibilities it offers. The existing layout is functional, yet the scope for extension or complete redevelopment (subject to planning permissions) invites creative reimagining into a modern family residence tailored to individual needs. Nestled close to Lymington's vibrant High Street, this property combines tranquility with convenience, allowing easy access to local amenities and recreational activities. Additional features include a single garage along with a detached double garage that could be converted into an annexe or home office. With thoughtful renovations and landscaping, this unique plot can be transformed into an enchanting private retreat that harmonizes indoor living with outdoor beauty.

Investment Analysis

(SO41 area)

Below Market Value

This property is priced -14.6% below area average per sq ft

-14.6%
Potential saving
This Property
£414/sq ft
Area Average
£485/sq ft
Avg Rent (weekly)
£349
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£805,004
10% above area average per sq ft
Potential ROI
+12.6%
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
21%
Properties sold annually

Local Market Trend (SO41)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -13.6%
5 year growth: +1.2%
Investment Disclaimer: Analysis based on SO41 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

May Avenue, Lymington, SO41
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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
£2,254
Based on a loan of £468,750 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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