3-bedroom bungalow · SO41 0QT
Listing removedListed 79 days
Opportunity summary
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About
Situated in a sought-after central village location, this detached three bedroom, two bathroom bungalow occupies a generous plot with a large private garden, offering exceptional potential for extension and enhancement, subject to the necessary planning permissions Entrance porch Double-glazed UPVC entrance door with matching side screens, double-glazed UPVC windows, and a ceiling light point Entrance hall Front entrance door, central heating radiator, ceiling light point, and built-in hallway cupboards, further cupboard housing the Potterton gas fired central heating boiler Sitting/dining room A spacious dual-aspect reception room with a large bay window and additional double-glazed UPVC window allowing an abundance of natural light, central heating radiator, wall light points, and feature inset electric fireplace Kitchen Fitted with a single bowl, single drainer stainless steel sink with mixer tap set into roll-edge work surfaces, a range of base cupboard and drawer units with matching eye level cupboard units providing ample storage, integrated appliances including a double oven and electric hob with extractor hood over.
There is space and plumbing for a washing machine, with a rear door providing access to the rear garden Bedroom one A well-proportioned double bedroom with a double-glazed UPVC window, central heating radiator, and ceiling light point, and door leading to: Ensuite shower room Comprising a corner shower enclosure, WC, pedestal wash hand basin with illuminated mirror over, central heating radiator, heated towel rail, fully tiled walls, vinyl flooring, and an obscure double-glazed UPVC window Bedroom two Double-glazed UPVC window, central heating radiator, and ceiling light point Bedroom three Double-glazed UPVC window, central heating radiator, and ceiling light point Family bathroom Fitted with a feature bath, pedestal wash hand basin, heated towel rail, part-tiled walls, ceiling light point, and a double-glazed obscure-glazed UPVC window Separate WC Comprising a low-level WC, part-tiled walls, linoleum flooring, ceiling light point, and a double-glazed obscure-glazed UPVC window Outside areas garden Occupying a generous plot in the centre of the village, the property offers ample off-road parking with additional space for multiple vehicles, a caravan/motorhome or boat.
The rest of the garden is mainly laid lawn with a mixture mature trees and shrubs there is also a garden shed and summerhouse, providing useful storage and versatile outdoor space Garage A substantial brick-built single garage with double-opening doors, side pedestrian access, and a pitched roof, offering excellent storage or workshop potential tenure: Freehold EPC rating: 55D council tax band: E services: Mains water, electricity, gas and drainage heating: Gas fired central heating directional note: From the top of the village green in the centre of Milford-on-Sea, proceed along Church Hill in a southerly direction and turn left into Park Road.
After a short distance, take the first left into Park Close, continue to the end of the road and 10 Park Close will be seen straight ahead of you Milford and the surrounding area Milford on Sea is a thriving coastal village with a comprehensive range of restaurants, pubs and cafes plus a good range of gift and local shops including a greengrocers, butchers and two general stores, plus a medical centre and dental surgery, based around the village green.
The Village Green is home to several events during the year, including an Arts & Music Festival, May Fair, Dog Show and Christmas Carol Service, with the Community Centre and the four village churches running busy programmes throughout the year.
Walks can be enjoyed along the Coastal Path towards Barton-on-Sea and Lymington, with stunning views towards the Isle of Wight and the Needles and westwards to Christchurch Bay, Hengistbury Head and the Purbeck Hills beyond or through sheltered woodland in the Milford-on-Sea Pleasure Grounds and Studland Common, both local Nature Reserves, or around Sturt Pond and along Hurst Shingle Bank to Hurst Castle which dates back to Tudor times.
The New Forest National Park is a short drive away, The New Forest became a national park in 2005 and was once a royal hunting ground for William the Conqueror.
It covers an area of 566 square kilometres and is made up of vast tracts of unspoilt woodland, heathland and river valleys where deer, ponies and cattle continue to roam free in its ancient heaths and woodland.
Clear rivers and shady groves provide tranquillity and a car-free haven for walking, cycling and horse riding.
The towns of Lymington and New Milton are both approximately 3 miles away, with the larger shopping centres of Bournemouth and Southampton approximately equi-distant, about 18 miles away.
National Rail Stations at New Milton and Brockenhurst provide a fast service to London Waterloo, with Bournemouth and Southampton airports easily accessed for domestic and international flights.
And are two excellent websites providing a wealth of local information and news about the village Stamp Duty charges and online calculator-
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About 10, Park Close, Lymington
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