2-bedroom bungalow · SO41 9TL
For saleReduced £45k (−10%) on 22 SepListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely two bedroom, end-of-terrace bungalow situated in a popular cul de sac and being within walking distance of Lymington High Street.
The property benefits from an easy-to-maintain south facing garden and a garage in a block. No forward chain.
The property is approached via a footpath leading to the front door which opens into the entrance hall where there is a storage cupboard and a part glazed door leading into the sitting room.
The sitting room enjoys a feature fireplace with electric fire and a box bay window to the front aspect with exposed beams above. Having a newly fitted floor which flows throughout.
A door leads into the kitchen which overlooks the front aspect and has a range of floor and wall mounted units.
Incorporating a double oven with grill, ceramic hob, integrated fridge freezer, single bowl sink unit with drainer and space for a washing machine.
The kitchen also houses the newly fitted Worchester wall mounted gas boiler providing domestic hot water and central heating.
From the sitting room, a further door leads into an inner hall where there is a storage cupboard which houses the hot water tank.
The family bathroom comprises a low-level WC, wall hung wash basin with vanity unit, curved shower enclosure with mixer over. There is a separate cloakroom with low-level WC and wall hung wash basin.
The master bedroom has a range of fitted wardrobes and a window overlooking the rear lovely rear garden.
Bedroom two also has storage cupboards and wardrobe space with a door leading onto the conservatory.
The conservatory has a tiled floor and a newly fitted solid roof keeping it cool in summer and warm in winter, windows and doors overlooking and lead out onto the lovely patio and garden.
The rear garden is laid to paving for ease of maintenance with a central circular paved area bordered by shingle, being full of flowers To the rear of the garden one step leads up to a further patio area bordered by a low brick wall which is ideal for outdoor dining and entertaining.
The garden is enclosed by brick wall on two sides with fencing on one side being sunny and private. A rear gate then gives access to a garage in a block which is the middle one.
To the front of the property there is an area of low maintenance shingle bordered by mature hedging and picket fencing.
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.
Area
Agent & docs
FAQ
About 28, Stratford Place, Lymington
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