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See how verdicts work3-bedroom house · SO41 9HL
Sold STCReduced £40k (−10%) on 24 SepListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming mid-terrace home forming part of the historic Ava Cottages, built in 1881, set within a sought-after street of Victorian and Edwardian properties.
Ideally located just a short walk from Waitrose, Lymington High Street and a range of local amenities.
Offering excellent potential to refurbish or extend (subject to planning), this property presents a fantastic opportunity to create a bespoke home.
The property benefits from predominantly double glazed windows (with one exception), while retaining original internal doors and architraves, adding to its character.
It features a slate roof and a generous loft space with potential to create a double bedroom and shower room/WC (subject to planning).
Most of Ava Cottages have been extended, and this home offers excellent scope to do the same, with architect’s plans available to reconfigure into a three-bedroom, two-bathroom layout.
Alternative arrangements are also possible, including creating a new access to the current smallest bedroom to form a spacious bathroom.
Set behind a low brick wall with a paved frontage, an iron gate leads to a recessed front door opening into a long entrance hall.
The south facing lounge features a fireplace, while the dining room enjoys views over the rear garden and also benefits from an open fireplace.
The kitchen is fitted by John Lewis with integrated appliances, alongside a Worcester Bosch combi boiler (serviced annually), and offers scope for reconfiguration with the adjoining bathroom to create a larger kitchen and cloakroom.
Upstairs, there are three bedrooms, including two generous doubles connected by a Jack & Jill wardrobe, which could be reworked to create a landing and staircase to the spacious, fully boarded loft.
The smallest bedroom has been recently repaired following a past roof leak and presents potential to be converted into a bathroom.
Outside, the property enjoys a long rear garden with a brick wall and fenced boundaries, completing this versatile home with significant scope for improvement.
Western Road is a sought-after road within a short level walk to Waitrose and the top of Lymington High Street.
Lymington Georgian Market Town is famous for its bustling High Street with a wide array of boutique shops, cafes, eateries and a market every Saturday.
Lymington has an active sailing community and is close to some beautiful local beaches and The New Forest National Park.
There is a branch line rail connection to Brockenhurst mainline station (London Waterloo) and the ferry to the Isle of Wight.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 24, Western Road, Lymington
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