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Park Lane, Milford on Sea, Lymington, SO41

South East

£1,350,000

Listed on 11/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
1964 sqft

Description

This expansive four-bedroom detached home offers significant potential for renovation and investment, located within a short stroll from the scenic beaches and vibrant village centre of Milford on Sea. Nestled on a substantial double plot with south-facing gardens, the property features a charming character that welcomes updates to enhance its appeal as a family residence. The living spaces are generous and well-designed, showcasing original features and far-reaching views across the garden towards the sea. Inside, the layout includes spacious rooms such as a dual-aspect living room complemented by an open fireplace, a separate family room with a bay window, and a bright kitchen that connects to both the garage and an annexe. The first floor comprises four good-sized bedrooms; two benefit from built-in wardrobes while another boasts access to a south-facing balcony offering captivating sea vistas. The property also accommodates two family bathrooms. The outdoor areas are particularly noteworthy, featuring mature trees for privacy, a sweeping gravel driveway leading to the double garage, and extensive gardens adorned with colourful vegetation. Importantly, the self-contained one-bedroom annexe requires complete renovation but presents an opportunity for additional rental income or guest accommodation. With excellent local amenities including independent shops, eateries, and easy access to nature trails in New Forest National Park, this property stands as an exceptional opportunity for those looking to invest in a prime coastal location.

Investment Analysis

(SO41 area)

Above Market Value

This property is priced +42.7% above area average per sq ft

+42.7%
This Property
£687/sq ft
Area Average
£482/sq ft
Avg Rent (weekly)
£321
Avg Yield
2.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,040,341
10% above area average per sq ft
Potential ROI
-29.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (SO41)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -12.4%
5 year growth: +1.1%
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

Park Lane, Milford on Sea, Lymington, SO41
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£5,100
Based on a loan of £1,012,500 over 30 years at 4.45% 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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