3-bedroom terraced house · SO41 8GH
Sold STCListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern mid terrace three bedroom house requiring a complete programme of modernisation and refurbishment and offers a good balance of accommodation and private rear garden, situated conveniently for Pennington village with a range of shops as well as schools and recreation centre.
THE ACCOMMODATION COMPRISES: (All measurements are approximate) Entrance Door to Hall Radiator Sitting/Dining Room 16’11 x 11’11 Fireplace, radiator, (we are not aware if the fire is useable, purchasers would have to make their own enquiries).
Kitchen/Breakfast Room 15’2 x 7’3 Units and sink, gas fired boiler, door to garden, cupboard.
First Floor Landing, stannah stair lift (purchasers responsibility to remove this) Bedroom One 15’7 x 8’8 Radiator and airing cupboard Bedroom Two 8’8 x 8’6 Radiator Bedroom Three 10’8 x 6’4 Radiator, storage cupboard Bathroom Comprising bath, wc, wash basin, tiled walls Outside Front Garden with path to front door.
Rear Garden A small area of patio with the rest of the garden in poor condition with further hardstanding to the rear, fence boundaries and gate to rear.
Informal Parking to the front Council Tax – C EPC Rating – D (Buyers purchasing the property as seen, no guarantees will be provided by the clients).
Value & comps
No previous sales on record.
Returns
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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 Howards Mead, Pennington, Lymington, Hampshire, SO41
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