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Western Road, Lymington, SO41

South East

£450,000
Listed on 31/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
470 sqft

Description

This mid-terrace residence, part of the historic Ava Cottages dating back to 1881, is situated in a desirable street characterized by Victorian and Edwardian architecture. The property is conveniently located within walking distance of essential amenities such as Waitrose and Lymington High Street. It boasts significant renovation potential, offering an opportunity to adapt or extend the home (subject to planning permissions) to better suit contemporary living needs. The house features predominantly double-glazed windows and retains charming original internal doors and architraves that enhance its character. A slate roof covers the home, and the loft space presents an opportunity for conversion into an additional bedroom with an en-suite shower room (pending planning approval). Many neighboring properties have successfully extended, indicating strong potential for similar enhancements here; architectural plans are available for reconfiguring this layout into a three-bedroom, two-bathroom arrangement. Other creative options include reorienting the smallest bedroom to facilitate a larger bathroom space. The property is enclosed by a low brick wall and features a paved area leading to the front door, which opens into a lengthy entrance hall. The south-facing lounge is highlighted by a fireplace, while the dining area overlooks the rear garden and includes an open fireplace as well. The kitchen, fitted with integrated appliances from John Lewis alongside a Worcester Bosch combi boiler, holds potential for reworking in tandem with the adjoining bathroom to expand its functionality. On the upper level, there are three bedrooms—two sizable doubles interconnected through a Jack & Jill wardrobe that could be redesigned to establish a landing with direct access to the loft. The smallest bedroom has recently undergone repairs due to prior water damage but offers possibilities for conversion into a bathroom. The long rear garden adds further appeal and versatility to this property, which stands ready for significant improvement. Western Road's appeal is amplified by its proximity to local shops, cafes, and markets in Lymington's Georgian town center. This vibrant area also offers sailing opportunities and proximity to beautiful local beaches as well as The New Forest National Park. Transport links include branch line access from Lymington to Brockenhurst mainline station (serving London Waterloo) and ferry services to the Isle of Wight.

Investment Analysis

(SO41 area)

Above Market Value

This property is priced +97.3% above area average per sq ft

+97.3%
This Property
£957/sq ft
Area Average
£485/sq ft
Avg Rent (weekly)
£340
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£250,848
10% above area average per sq ft
Potential ROI
-50.8%
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
6%
Properties sold annually

Local Market Trend (SO41)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -14.8%
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

Western Road, Lymington, SO41
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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
£1,594
Based on a loan of £337,500 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.

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