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Salisbury Road, Shootash, Romsey SO51 - Image 1
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Salisbury Road, Shootash, Romsey SO51

South East

£850,000
Listed on 16/10/2025

Property Details

Bedrooms
N/A
Type
Land

Description

This property presents a compelling opportunity for residential transformation, featuring existing planning approval for three Class Q conversions. Specifically, the consent allows for the transformation of two poultry sheds into semi-detached residences with three bedrooms each, alongside a standalone five-bedroom dwelling. Additionally, there is another agricultural building on site that currently lacks planning permission but holds potential for further development, subject to local authority approval. The property benefits from direct access via public highways and is set in a tranquil, self-contained plot that overlooks picturesque countryside to the north. Located near Shootash, just northwest of Romsey, this site is convenient for accessing rural vistas and local amenities while also being within easy reach of larger towns like Romsey and Southampton. This conversion project not only offers immediate residential potential but also the scope for future expansion, making it an attractive proposition for investors and developers alike.

Investment Analysis

(SO51 area)
Area Average
£435/sq ft
Avg Rent (weekly)
£317
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SO51)

Area prices are falling by -2.9% over the last 12 months
3 year growth: -7.4%
5 year growth: +0.2%
Investment Disclaimer: Analysis based on SO51 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

Salisbury Road, Shootash, Romsey SO51
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,011
Based on a loan of £637,500 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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