4-bedroom house · SO41 0TU
Sold STCListed 69 days
Opportunity summary
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About
An exceptionally rare opportunity.
A superb and lovingly restored four bedroom Edwardian house sitting in just over 2.5 acres of gardens and paddocks surrounded by open countryside on the edge of the ever popular Milford on Sea.
Rarely are houses with this amount of land and outbuildings available in such a peaceful location so convenient for village and coast.
EPR - D SITUATION Occupying an extremely enviable location on the edge of Milford on Sea, this beautiful farmhouse is surrounded by open fields providing a particuarly peaceful and idyllic backdrop beyond which the coastline of Keyhaven provides exceptional walks and sailing opportunities.
The nearby village of Milford on Sea is one of the area's most sought after locations with its central village green surrounded by shops, wine bars and restaurants.
The village also offers a superb swimming beach with nearby coastal bars and restaurants as well as extensive coastal walks to Lymington and Barton on Sea.
The wide open spaces of the New Forest lie to the north with excellent walking and cycling across beautiful countryside.
The market town of Lymington lies a few miles to the east with extensive and very well regarded sailing clubs and marinas.
There is a mainline railway station four miles away at New Milton offering direct services to London Waterloo in approximately two hours THE PROPERTY A charming period property which has been sensitively updated by the current owners to provide characterful accommodation with extensive gardens, outbuildings and land.
The front door opens to a staircase hall with an understairs cupboard on the right and door to the main sitting room on the left hand side which features a fireplace with wood burning stove and French windows opening onto the garden.
The open plan kitchen / family dining room features a recently fitted kitchen, stable door to the garden and views over the paddocks.
Adjoining the kitchen is a generous dining room with chimney breast fitted with a large Esse solid fuel stove which has an incorporated oven and hot plate, ideal for tea or Sunday roasts!
Also on the ground floor is a shower room with WC. There is also store room with gardener's wc accessed from outside. Turning stairs rise to the first floor where there are four double bedrooms.
The main bedroom has a dual aspect with a fireplace featuring a wood burning stove.
Bedroom 2 is also dual aspect with a wood burning stove while bedrooms 3 and 4 enjoy glorious views over the paddocks and fields beyond.
There is also a generous family bathroom with free standing bath, shower, wc and basin.
GROUNDS & GARDENS The formal gardens lie mainly to the west of the house and are predominantly laid to lawn, with attractive areas for sitting and entertaining.
Much of the remaining land is given over to livestock as the property is currently used as a thriving small-holding where chickens, sheep and pigs are reared.
There are two areas secured for chickens and ducks with a further extensive space containing an impressive 40' barn currently used for lambing but ideal as storage for boats or classic cars.
To the rear of the house are two further outbuildings.
The Dovecote, as well as having a genuine dovecote, is a useful outdoor store room while The Dairy is a larger and very practical room with a sink and running water.
Paddocks wrap around the house and gardens extending to just over 2.5 acres beyond which lie peaceful open fields which are both picturesque and highly unlikely to change as they are held in trust by Natural England as a haven for native fauna.
ADDITIONAL INFORMATION Tenure: Freehold Council Tax: G Energy Performance Rating: D Current: 57 Potential: 73 Utilities: Mains electricity & water.
Private drainage via a septic tank which the property has sole use of. The tank is located within the boundary of the property.
There is currently no mains gas supply to the property; however, mains gas and drainage are available in School Lane.
Heating: LPG/Oil Broadband: No broadband connection currently however super fast broadband with download speeds of 56Mbps is available at this property Parking: Private driveway & garage
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About School Lane, Milford on Sea, Lymington, SO41
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