3-bedroom bungalow · SO41 3QN
Listing removedReduced £75k (−13.1%) on 15 SepListed 322 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no forward chain, this well proportioned three bedroom bungalow presents an excellent opportunity for refurbishment or renovation.
Ideally located south of Lymington High Street, the property enjoys a highly desirable setting close to local shops, marinas, and transport links including the bus and train.
An enclosed front porch opens into the entrance hall, leading to a spacious open plan sitting and dining room. Two front aspect windows flood the space with natural light.
The dining area includes a corner cupboard and a serving hatch from the kitchen.
The kitchen features a side aspect window and a door to the workshop/store, and is fitted with integrated appliances including a four ring ceramic hob, oven, one bowl inset sink with mixer tap, with space for a fridge freezer, microwave, and washing machine.
Gas fired central heating boiler. The hallway provides an airing cupboard, heated by the hot water cylinder. Cloakroom with WC and hand wash basin.
The family shower room, with a side-aspect window, includes a stand alone shower, WC and hand wash basin.
A study with built in shelves leads through to the conservatory, which offers beautiful views over the rear garden.
The primary bedroom enjoys a rear aspect view of the garden and fitted wardrobes, while the second bedroom has a side aspect window and fitted wardrobes.
With generous front and rear garden, this property has significant potential to modernise and enhance, this bungalow provides an ideal canvas for buyers looking to create a bespoke home in one of Lymington’s most sought after locations.
The property is within an easy short walk of Lymington High Street and in close proximity of the sailing clubs, marinas and the sea wall footpath with views over to the Isle of Wight.
The beautiful Georgian market town of Lymington, has many independent shops and the picturesque quay, deep water marinas, and sailing clubs.
Lymington has a 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 19, Broad Lane, Lymington
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