3-bedroom house · SO41 8AS
Listing removedListed 132 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a highly sought-after development, this beautifully presented three-bedroom end-of-terrace home is one of the larger designs and offers well-proportioned, modern accommodation throughout.
The property features a spacious open-plan kitchen/dining area with patio doors opening onto a low-maintenance rear garden.
A garage is also included, with convenient pedestrian access from the garden. Local shops are just a short, level walk away, and Lymington High Street is easily accessible.
Holding deposit: £415 Security deposit: £2076 Council tax band: E The front door opens into a welcoming entrance hall with stairs rising to the first floor, along with a useful understairs storage cupboard and an additional storage cupboard.
A cloakroom comprises a low-level WC and wash hand basin.
Glazed double doors lead through to the sitting room, which benefits from a bay window to the front aspect and flows seamlessly into the kitchen/dining room.
The kitchen/dining space is ideal for modern living and entertaining, featuring sliding doors to the rear garden.
The kitchen is fitted with a comprehensive range of floor and wall-mounted units and wooden worktops.
Integrated appliances include a five-ring gas hob with extractor hood, eye-level double oven, tall fridge freezer, and dishwasher.
A cupboard houses the wall-mounted gas-fired boiler, and a central island provides additional storage. Upstairs, the landing includes an airing cupboard with shelving.
The principal bedroom offers extensive built-in wardrobes and a front aspect window.
Bedroom two is a further double room with built-in wardrobes and a rear aspect window, while bedroom three also overlooks the rear.
The spacious family bathroom is well-appointed with a panelled bath, low-level WC, twin wash hand basins, a separate shower cubicle and heated towel rail.
Externally, the front garden is open plan and mainly laid to lawn with planted borders and a pathway leading to the entrance.
The rear garden is designed for ease of maintenance, with paved areas and an area of artificial grass, providing ample space for outdoor seating.
The garden is enclosed by wall boundaries and features a rear gate leading to the garage block, as well as a pedestrian door into the garage.
An additional external store room is located adjacent to the kitchen, with power, lighting, and plumbing in place.
Grafton Gardens is a quiet residential cul-de-sac in the popular New Forest village of Pennington.
The property is well positioned for access to Lymington town centre, which offers a weekly Saturday market, a range of restaurants, cafés, boutique shops, and a Marks & Spencer.
Local amenities in Foxpond and Pennington village, as well as Waitrose, are within walking distance.
The New Forest National Park and the coastal areas of Milford-on-Sea and Keyhaven are also just a short drive away. The property’s construction is brick and tile.
The property has mains gas central heating, an electricity supply, mains water and mains drainage.
The broadband and mobile availability can be checked via the Ofcom's "broadband and mobile coverage checker" on their website.
To be able to rent this property you must be able to prove a minimum net income of £27,000. Please note: Passing the affordability calculation does not guarantee acceptance.
All applications are subject to satisfactory references, credit checks, and consideration of any existing financial commitments, loans, or repayment obligations, as well as landlord approval.
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.
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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
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FAQ
About 8, Grafton Gardens, Lymington
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