3-bedroom house · SO41 8LH
Listing removedListed 82 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming three-bedroom semi-detached cottage is situated on Ramley Road in the popular village of Pennington, conveniently located within easy reach of both Pennington and the Georgian market town of Lymington.
The property has a large garden and is available long term.
Holding deposit: £321 Security deposit: £1609 Council tax band: D The property is entered via a welcoming hallway which provides access to the principal ground floor accommodation and staircase to the first floor.
The living room enjoys pleasant views over the generous rear garden, creating a bright and comfortable living space.
The kitchen is well-equipped with a range of work surfaces and cupboard storage, with a doorway leading through to the separate dining room.
A further door from the kitchen opens into a useful glazed porch area, which also provides access to a downstairs WC.
On the first floor, the property offers three bedrooms comprising two double bedrooms and a single bedroom. The family bathroom is fitted with a hand basin, WC and bath with shower over.
Externally, the property benefits from a large garden, predominantly laid to lawn with a patio area ideal for outdoor dining and entertaining.
The garden wraps around the side of the property and leads to a gate providing access to the parking area.
Please be aware that there is the potential for future building, redevelopment, repair, or statutory works to be carried out on neighbouring land or properties.
Whilst there are currently no immediate plans for any such works and none have taken place for the last few years, prospective tenants should be aware that neighbouring landowners retain the right to undertake works at a future date.
Any such works would be outside the Landlord's control and may or may not proceed.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 2 Didgemere Cottages, 123, Ramley Road, Lymington
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