1-bedroom bungalow · SO41 3NR
Sold STCListed 561 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in this ever-popular development south of Lymington High Street and exclusively for the over 55’s, this retirement bungalow has one double bedroom, a bright conservatory that offers direct access onto the communal garden and a designated parking space plus shed in the covered parking area.
It is conveniently located, close to the town centre, Woodside Gardens and the marinas and is available with no forward chain. The property The covered entrance porch and front door lead to the hall.
To the left, a door gives access to the large shower room comprising double walk-in shower, low level WC and wash hand basin with vanity unit.
Following on from here, a further door opens into the double bedroom which benefits from fitted wardrobes and outlooks over the garden.
The large sitting room enjoys a fireplace which is fitted with an electric fire and a stone effect surround and a sliding door gives access to the conservatory which in turn leads to the patio and garden.
Leading off from the sitting room is the kitchen which is fitted with a modern range of floor and wall mounted units incorporating an electric oven, four ring electric hob with extractor above, dishwasher, washing machine and space for a fridge freezer.
Outside To the rear, there are pretty shared gardens and a garden shed. Communal facilities include a lounge, kitchen and laundry, and there is also a guest suite and guest parking available.
The property benefits from an allocated parking space. Services Mains water, electricity and drainage are connected to the property.
The heating is electric thermostatically controlled radiators Tenure Leasehold - From 29 September 1989 to and including 19 December 2178 (152 years remaining) Maintenance £3,120.00 per annum covering the House Manager, emergency alarms, lighting and heating in communal areas, use of washing machines & dryers, gardens & grounds maintenance, buildings insurance and window cleaning.
Ground rent £75.00 per annum (£37.50 payable every six months) Tax band C (£2,063.82 - 2025/2026) EPC rating C
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 14, Pyrford Gardens, Lymington
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