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See how verdicts work2-bedroom property · SO41 9NW
For saleReduced £75k (−15%) on 25 OctListed 361 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming and modern two double bedroom townhouse situated in a private gated mews development is located within a stones throw of Lymington High Street.
This unique property was built by well known local builders Dunford in 2011, and offers a westerly facing courtyard garden, balcony, an allocated parking space and a pedestrian walkway providing access directly onto the High Street.
The front door opens into a welcoming entrance hall with stairs rising to the first floor.
Just off the hall, the utility room is fitted with floor and wall mounted units with space and plumbing for a washing machine.
Adjacent to the utility is a cloakroom with a wash hand basin, WC and window to the rear aspect. Glazed door from the utility room provides access out to the west facing courtyard garden.
First floor landing has a rear aspect window and stairs rising to the second floor.
Spacious sitting room with glazed French doors leading out onto the private balcony, overlooking the front aspect, with fitted full height sliding shutters.
The sitting room offers ample space for a dining table and there is a square archway that leads into the kitchen.
The kitchen is fitted with a modern range of floor and wall mounted hi-gloss cupboard and drawer units with tiled splashbacks.
Integral fridge/freezer, oven with ceramic hob and extractor fan over, dishwasher and sink unit with mixer tap. Cupboard housing the wall mounted combi boiler and a rear aspect window.
Second floor landing has a window to the rear aspect, two storage cupboards and a hatch providing access to the fully boarded loft space.
Master bedroom with a beautiful vaulted ceiling, two sets of double fitted wardrobes and a range of feature windows to the front aspect.
The top windows have shutters which are being powered by solar generated electricity for ease of use, offering views across the rooftops of Lymington. Bedroom two has a rear aspect window.
The family bathroom is fitted with a contemporary suite comprising of WC, wash hand basin with vanity storage cupboard below, P-shaped bath unit with mixer taps, shower screen and mixer shower over.
Heated towel rail, tiled floor and part tiled walls and velux roof light.
The property enjoys a charming west-facing courtyard garden, attractively laid to paving for ease of maintenance, with a raised flowerbed and a useful garden shed.
To the front, there is an allocated parking space, along with two additional visitor spaces located nearby.
Blakes Yard is a unique, secure gated development, accessible by vehicle from New Street or via a secure pedestrian gate from the High Street.
The development also includes a communal bin and bike store.
Share of Freehold - 999 years from 30th June 2011, lease end date 30th June 3010 (985 years remaining) Estate management charges - £2,740.64 per annum (25/03/2025 to 24/03/2026) which includes buildings insurance, management fees, full exterior decoration (approx.
Every 5 years), communal electricity, gate servicing and repairs, general maintenance and bi-monthly window cleaning.
The beautiful Georgian market town of Lymington has many independent shops and a picturesque harbour, deep water marinas, and sailing clubs.
Lymington has numerous highly regarded restaurants and designer boutiques and is surrounded by the outstanding natural beauty of the New Forest National Park.
To the north are the New Forest villages of Brockenhurst and Lyndhurst and Junction 1 of the M27 which links to the M3 for access to London.
There is also a branch line train link to Brockenhurst Railway Station (approx. 5.5 miles) which provides a half-hourly service to London Waterloo with a journey time of approximately 90 minutes.
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 New Street Mews, Lymington, SO41
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