3-bedroom house · SO41 8GE
For saleReduced £25k (−5.3%) on 21 JunListed 213 days
Opportunity summary
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About
Pepperbox Cottage is a charming three bedroom semi detached character cottage with versatile accommodation, having the benefit of a large south facing garden, off street parking and single garage.
Located in a convenient and popular position opposite Pennington Common and within a short walk of the local shops, post office and schools plus walking distance to Lymington High Street and the marinas.
The accommodation comprises: (All measurements are approximate) Part Glazed Entrance Door to Kitchen 18’4 x 7’8 Comprising freestanding units, range cooker with extractor over, butlers sink unit with space and plumbing for dishwasher, colour washed cupboards and wood beams, tiled floor space for fridge freezer, radiator (Low ceiling) Utility Lobby Space and plumbing for washing machine.
Cloakroom Wc and wash basin, radiator.
Dining Room 11’7 x 11’7 Radiator, wood block flooring, door to Inner Hallway and opening to Study 8’8 x 7’ Radiator Sitting Room 19’3 x 10’4 Cast iron fireplace with timber surround, radiator, woodblock flooring, double glazed door to garden.
First Floor Landing with trap to roof space, linen cupboard. Bedroom One 11’7 x 10’4 Radiator, colourwash floor, wardrobe cupboard. Bedroom Two 11’7 x 9’5 Radiator, colourwash floor.
Bedroom Three 10’11 x 6’8 Radiator, colourwash floor, pleasant aspect toward the common Bathroom Comprising roll top bath with mains shower over, wc, wash basin, towel rail and tiled floor.
Outside To the front is a driveway which provides access to Single Garage 16’9 x 8’6 Up and over door, personal door to rear, power and light.
The rest of the garden principally lawned behind a picket fence.
Rear Garden An attractive feature of the property being a generous size, paved area adjacent to the property, the rest of the garden principally lawned with wall and fence boundaries providing a good degree of privacy, gate to the side and rear of the property, brick built shed.
Council Tax - D EPC Rating - D Note - Please be aware some of the rooms have lower than standard ceiling height.
* In accordance with the Estate Agents Act of 1979 - We confirm a member of staff has an interest in this property.
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
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FAQ
About Pepperbox Cottage, 51, Wainsford Road, Lymington
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