4-bedroom house · SO51 0JD
Listing removedListed 622 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well portioned family home offering versatile and spacious accommodation within the rural location of Lockerley village.
The ground-floor accommodation benefits from an entrance porch and hallway, a well-proportioned dining room, a spacious fitted kitchen with breakfast area, a cloakroom and large living room with doors opening onto the conservatory and rear garden beyond.
The upstairs accommodation features four double bedrooms, a fitted family bathroom, whilst also boasting a fitted shower room.
Outside the secluded rear garden offers a wonderful degree of privacy with a well-tended lawn, a large timber storage shed and a patio area for family BBQ’s or al-fresco dining.
An expansive driveway with parking for several vehicles is found to the front of the property.
Lockerley is a beautiful scenic village in the heart of the Test Valley, offering a semi-rural setting and a lovely community feel.
There is a local primary school as well as an ideal convenience store opposite Lockerley Green.
The village itself is well connected to Romsey (6.4 miles) and neighbouring villages of Dunbridge and West Dean which host a train station and a popular public house.
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 1, Cooks Lane, Romsey
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