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Pains Hill, Lockerley, Romsey, Hampshire, SO51 - Image 1
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Pains Hill, Lockerley, Romsey, Hampshire, SO51 - Image 3

Pains Hill, Lockerley, Romsey, Hampshire, SO51

South East

£1,400,000

Listed on 12/10/2026

The listing

Property details

Bedrooms
N/A
Type
Detached
Area
9149 sqft

Description

Curlews Farm offers a unique opportunity to acquire a versatile rural property set within approximately 2.67 acres in the picturesque Test Valley. The main residence is a four-bedroom house that requires modernisation, providing ample scope for personalisation and enhancement. This property is complemented by two successful holiday cottages that generate established income, making it an attractive proposition for those seeking a home with additional revenue potential. The property also features a partially completed development for two further holiday cottages, alongside separate planning permission for office accommodation. This presents significant opportunities for income generation and business use, allowing for further expansion of the existing holiday accommodation business or conversion into additional living space, subject to necessary consents. Curlews Farm is ideally located on the edge of the charming village of Lockerley, surrounded by beautiful Hampshire countryside while remaining accessible to local amenities and transport links. The tranquil setting, combined with far-reaching views, enhances the appeal of this property, making it suitable for a variety of buyers, whether looking for a lifestyle change or an investment opportunity. With established gardens and a swimming pool that services the holiday accommodations, this property provides excellent outdoor spaces for relaxation and entertainment. Overall, Curlews Farm represents a compelling opportunity in a sought-after location, appealing to those interested in lifestyle properties, tourism-based enterprises, or long-term investments.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

58out of 100
Grade DWeak opportunity

Confidence: LOW

Curlews Farm represents a unique opportunity to acquire a versatile rural property at an exceptionally low asking price of £153/sqf, significantly below the local average of £436/sqf. This presents a strong value proposition for those looking to invest in a property with considerable potential for enhancement and income generation.

The main house, while in need of modernisation, offers comfortable four-bedroom accommodation set in a peaceful environment. Its layout allows for reconfiguration to suit individual preferences, making it an exciting project for a buyer with vision. Additionally, the established income from two successful holiday cottages and the potential for further development with planning permission for two more cottages and office space add significant value to this property. With a good garden and exterior, the overall appeal is enhanced, making this a noteworthy investment in a sought-after Hampshire location.

Key opportunities

  • Significantly below local price per square foot, offering excellent value.
  • Established income from two successful holiday cottages.
  • Potential for further development with planning permission for additional cottages and office space.

Key risks

None recorded.

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Map

Location

Pains Hill, Lockerley, Romsey, Hampshire, SO51
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£5,289
Based on a loan of £1,050,000 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.

Tax

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