2-bedroom terraced house · SO51 8GG
For saleListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming and unique Grade II listed home, delightfully positioned in the heart of Romsey town centre.
The beautifully presented accommodation features a cosy sitting room which focuses around a characterful fireplace, a well-appointed kitchen, two light-filled bedrooms, and a stylish family bathroom.
Further enhancing the home's appeal is a versatile basement offering exceptional potential for a variety of uses.
Outside, the property enjoys a pleasant front garden alongside a private, low-maintenance courtyard garden to the rear.
Lower Ground Floor The basement offers a exceptionally versatile space equipped with power and light.
Currently utilized for storage, this substantial area presents fantastic potential for a variety of alternative uses, whether transformed into a hobbies room, workshop, or wine cellar.
Ground Floor The front door opens directly into a welcoming sitting room, where a large sash window overlooks the front garden and a feature fireplace provides a warm, characterful focal point.
Stairs lead both down to the basement and up to the first floor, while an opening flows seamlessly through to the kitchen at the rear.
Well-appointed for everyday living, the kitchen benefits from dual windows looking out over the garden, a classic butler-style sink, and an impressive range of wall and base units.
There is generous space for a full suite of appliances including a cooker, fridge/freezer, dishwasher, washing machine, and tumble dryer. A door then opens directly out to the rear garden.
First Floor Scending to the first floor, the landing grants access to two bright bedrooms and the principal bathroom.
The main bedroom is a wonderfully spacious double, flooded with natural light from dual windows and complete with a convenient alcove ideal for fitted or freestanding wardrobes.
Bedroom two offers delightful versatility, serving as an ample single bedroom, cosy nursery, or a quiet dedicated work-from-home space.
Completing the floor, the well-appointed family bathroom features a bath with shower attachment, a separate walk-in shower cubicle, a wash hand basin, and WC.
Outside To the rear, the private courtyard garden is designed for low-maintenance outdoor living, featuring paved patio areas and shingle ideally suited for alfresco dining and potted plants.
Framed by a charming brick retaining wall, it offers a wonderfully enclosed and peaceful haven to relax and entertain.
Location Parking On street permit parking available Tenure Freehold Sellers Position Buying on Anti Money Laundering We are required by law to conduct anti-money laundering checks on all those selling or buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy.
The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks. Heating Gas Council Tax Test Valley - Band D
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 2, Palmerston Street, Romsey
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