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School Road, Romsey, Hampshire SO51 - Image 1
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School Road, Romsey, Hampshire SO51

South East

£495,000
Listed on 19/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
865 sqft

Description

This generously proportioned detached bungalow is situated on a peaceful street, just moments away from various local amenities. With significant potential for enhancement and extension, pending planning approval, this property presents an excellent investment opportunity. The layout features two sizeable double bedrooms, a functional shower room, a spacious sitting/dining area, and a kitchen/breakfast room equipped with essential appliances and ample storage options. The expansive rear garden extends approximately 100ft, providing a private outdoor retreat. Additionally, the home boasts a gated driveway that accommodates multiple vehicles and includes a detached garage featuring both workshop space and extra storage. Offered without any onward chain, this property invites creative updates to maximize its utility and value.

Investment Analysis

(SO51 area)

Above Market Value

This property is priced +35.0% above area average per sq ft

+35.0%
This Property
£572/sq ft
Area Average
£424/sq ft
Avg Rent (weekly)
£326
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£403,341
10% above area average per sq ft
Potential ROI
-24.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SO51)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -8.9%
5 year growth: 5.3%
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

School Road, Romsey, Hampshire SO51
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,813
Based on a loan of £371,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE