3-bedroom house · SO51 8EQ
Listing removedListed 82 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This refurbished three bedroom house is located in a highly sought-after road in central Romsey with a garden backing onto the River Test.
The well presented interior briefly comprises; ENTRANCE HALL: Front door to property. Door to lounge/dining room.
Under stairs cupboard LOUNGE/DINING ROOM: Good size living room with working fireplace. Doors to kitchen and hall. Stairs to first floor.
KITCHEN: Modern fitted high and low level units with integrated washing machine, tumble dryer, dishwasher and dual ovens. LANDING: Doors to first and second bedrooms and bathroom.
Stairs leading to ground and second floor/third bedroom. BEDROOM ONE: Good size double bedroom with feature fireplace. BEDROOM TWO: Small double bedroom with feature fireplace.
BATHROOM: White WC, wash hand basin with floor standing vanity unit, airing cupboard housing boiler and bath with shower over.
BEDROOM THREE: Double bedroom with eaves storage and skylight windows with river views.
The property further benefits from off road parking for one car, permit parking available, double glazing, gas central heating and a good size rear garden leading to decking on the edge of the River Test.
EPC: TBC DEPOSIT: £2076.00 (TO BE REGISTERED WITH THE DPS) COUNCIL TAX: Test Valley Borough Council, Band: C WEEKLY PRICE: £415.38 BROADBAND: Current supplier; Virgin Media.
OpenReach and Virgin Media available in area speeds from 12 Mbps. Faster speeds up to 1000 Mbps available.
Information obtained from OFCOM - It is recommended that the occupier checks with the service provider for connectivity.
TV AERIAL AVAILABLE MOBILE SIGNAL: Listed good outdoor, variable in-home by OFCOM UTILITIES: Mains supplied A holding deposit of one week's rent will be required to secure the property.
This fee is payable at the time of application for the tenancy and will be held for up to 15 calendar days whilst reference checks and preparation for the tenancy agreement are undertaken.
The holding deposit can be retained should the applicant fail the Right to Rent check, provide false or misleading information that would affect the Landlord's decision to grant the tenancy, the applicant withdraws from the tenancy, or the applicant fails to take all reasonable steps to enter into a tenancy agreement.
In Tenancy Penalty Fees apply, see website for details.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Romsey Mill Lane UNFURNISHED
Explore nearby