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Lot 1 Tote Hill, Lockerley - Image 1
Lot 1 Tote Hill, Lockerley - Image 2
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Lot 1 Tote Hill, Lockerley

South East

£775,000

Listed on 17/10/2026

The listing

Property details

Bedrooms
4
Type
Smallholding
Area
2626 sqft

Features

  • Garden
  • Parking

Description

Set in a secluded rural position in Lockerley, this detached property is offered with approximately 2.9 acres, a main residence, a two-bedroom annexe and a range of outbuildings. The accommodation is arranged across two connected dwellings: the main house has two bedrooms and two reception rooms, while the annexe provides a further two bedrooms. The buildings date from different periods, with the original dwelling constructed in 1959 and the main residence formed following an extension in 1996. The grounds include established planting, lawns, a vegetable garden and a chicken run. The property also has a barn, three stables and extensive parking. The listing describes rural views and walking routes nearby, and notes that public footpaths cross the land. The substantial accommodation and ancillary buildings offer scope for adaptation or further enhancement, subject to the necessary consents and verification of feasibility. The property is available as part of a four-lot sale, with the other lots comprising pasture and additional land. Romsey is approximately six miles away, with Stockbridge, Salisbury, Winchester and Southampton also within reach.

WHOTS analysis

Our WHOTS verdict

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

78out of 100
Grade BGood opportunity

Confidence: MEDIUM

At £775,000, this detached property is priced at £295 per sq ft, around 32% below the local average—a strong entry point for a four-bedroom home with a separate two-bedroom annexe. Its private rural setting, substantial grounds, barn, stables and flexible accommodation make it a distinctive canvas, with scope to refresh the dated main-house finishes and bring the overgrown areas around the house back into shape. The annexe kitchen already appears more recently updated, and the visible roof looks broadly intact.

The works look relatively light, with an existing renovation range of £8,000–£18,000. The score is supported by the attractive price and strong headline economics, while the average location score and dated interiors temper the overall opportunity. The listing also mentions redevelopment potential, but any future scheme would depend on the necessary consents.

Key opportunities

  • Refresh the dated main-house finishes while retaining the generally usable living spaces.
  • Clear and maintain the overgrown areas around the house to better reveal the established garden setting.
  • Make use of the two-bedroom annexe, barn, stables and extensive parking for flexible living and rural pursuits.

Key risks

None recorded.

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Map

Location

Lot 1 Tote Hill, Lockerley
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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
£2,928
Based on a loan of £581,250 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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Indicative tax based on the asking price and the options you select.

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