4 Bed Detached House, Refurb/BRRR, Romsey, SO51 0NF, £695,000





ValuationOvervalued
Sold Prices | £289.9K - £1.2M |
Sold Prices/m² | £3.2K/m² - £9.5K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £5.4K/m² |
Value Estimate | £516,407£516,407 |
| |
End Value (After Refurb) | £687,500£687,500 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £173,750£173,750 |
Stamp Duty & Legal Fees | £44,300£44,300 |
Refurb Costs | £57,818£57,818 |
Bridging Loan Interest | £18,244£18,244 |
Total Cash In | £295,862£295,862 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £687,500£687,500 |
Mortgage (After Refinance) | £515,625£515,625 |
Mortgage LTV | 75%75% |
Cash Left In | £295,862£295,862 |
Equity | £171,875£171,875 |
Rent Range | £725 - £3,500£725 - £3,500 |
Rent Estimate | £1,604 |
Running Costs/mo | £2,489£2,489 |
Cashflow/mo | £-885£-885 |
Cashflow/yr | £-10,623£-10,623 |
Gross Yield | 3%3% |
Local Sold Prices
50 sold prices from £289.9K to £1.2M, average is £585K. £3.2K/m² to £9.5K/m², average is £4.3K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£800K | 01/21 | 0.17 mi | Woodpeckers, Stockbridge Road, Timsbury, Romsey, Hampshire SO51 0NF | £3,791 | 211 | 4 | Detached House | |
£1.2M | 03/23 | 0.36 mi | Sunny Bank, New Road, Timsbury, Romsey, Hampshire SO51 0NL | £4,845 | 248 | 4 | Detached House | |
£575K | 08/23 | 0.37 mi | 10, Casbrook Field, Upper Timsbury, Romsey, Hampshire SO51 0AF | £4,423 | 130 | 4 | Semi-Detached House | |
£732.5K | 02/21 | 1.52 mi | Nethercote, Church Lane, Mottisfont, Romsey, Hampshire SO51 0LL | £4,210 | 174 | 4 | Detached House | |
£680K | 07/23 | 1.67 mi | 16, Magnolia Walk, Romsey, Hampshire SO51 0PY | £5,075 | 134 | 4 | Detached House | |
£775K | 11/20 | 1.78 mi | Orchard Hill, Braishfield Road, Braishfield, Romsey, Hampshire SO51 0PR | £5,099 | 152 | 4 | Detached House | |
£550K | 09/21 | 1.82 mi | 8, Hill View Road, Romsey, Hampshire SO51 0PP | £5,238 | 105 | 4 | Semi-Detached House | |
£563K | 06/21 | 1.95 mi | 3, Common Hill Road, Braishfield, Romsey, Hampshire SO51 0QF | - | - | 4 | Semi-Detached House | |
£1.1M | 09/21 | 1.97 mi | Croylands, Old Salisbury Lane, Romsey, Hampshire SO51 0GD | £5,047 | 211 | 4 | Detached House | |
£625K | 06/21 | 2.02 mi | 70, Cupernham Lane, Romsey, Hampshire SO51 7LF | £4,451 | 140 | 4 | Detached House | |
£570K | 11/20 | 2.05 mi | 2, Grayling Mead, Romsey, Hampshire SO51 7RU | £3,257 | 175 | 4 | Detached House | |
£918K | 04/21 | 2.05 mi | Abbotsford, Braishfield Road, Braishfield, Romsey, Hampshire SO51 0PB | - | - | 4 | Detached House | |
£520K | 03/21 | 2.05 mi | 32, Brook Way, Romsey, Hampshire SO51 7JZ | - | - | 4 | Detached House | |
£625K | 04/23 | 2.05 mi | 14, Brook Way, Romsey, Hampshire SO51 7JZ | £3,765 | 166 | 4 | Detached House | |
£660K | 01/21 | 2.09 mi | 19, Westbroke Gardens, Romsey, Hampshire SO51 7RQ | - | - | 4 | Detached House | |
£707K | 05/23 | 2.11 mi | 20, The Meadows, Romsey, Hampshire SO51 0GX | - | - | 4 | Detached House | |
£430K | 06/21 | 2.12 mi | 3, Home Field, Romsey, Hampshire SO51 7WG | £4,135 | 104 | 4 | Semi-Detached House | |
£412.5K | 10/20 | 2.12 mi | 16, Home Field, Romsey, Hampshire SO51 7WG | £4,005 | 103 | 4 | Semi-Detached House | |
£333K | 06/21 | 2.14 mi | 54, Cavendish Close, Romsey, Hampshire SO51 7HT | - | - | 4 | Terraced House | |
£825K | 06/23 | 2.15 mi | Willow Cottage, Canal Walk, Romsey, Hampshire SO51 7AP | £6,460 | 128 | 4 | Detached House | |
£685K | 02/21 | 2.19 mi | Wychelms, Newtown Road, Awbridge, Romsey, Hampshire SO51 0GG | £5,150 | 133 | 4 | Detached House | |
£495K | 08/21 | 2.19 mi | 3, Newlyn Walk, Romsey, Hampshire SO51 7WB | £4,342 | 114 | 4 | Detached House | |
£775K | 03/23 | 2.19 mi | 55, Horseshoe Drive, Romsey, Hampshire SO51 7TP | £5,576 | 139 | 4 | Detached House | |
£525K | 11/20 | 2.19 mi | 29, Horseshoe Drive, Romsey, Hampshire SO51 7TP | £4,008 | 131 | 4 | Detached House | |
£675K | 05/23 | 2.19 mi | 5, Horseshoe Drive, Romsey, Hampshire SO51 7TP | - | - | 4 | Detached House | |
£525K | 04/21 | 2.19 mi | 2, St Clements Close, Romsey, Hampshire SO51 8FF | £4,688 | 112 | 4 | Semi-Detached House | |
£445K | 02/21 | 2.19 mi | 1, St Clements Close, Romsey, Hampshire SO51 8FF | £4,083 | 109 | 4 | Semi-Detached House | |
£445K | 06/21 | 2.2 mi | 2, Newlyn Walk, Romsey, Hampshire SO51 7WB | £3,870 | 115 | 4 | Terraced House | |
£302.5K | 05/21 | 2.2 mi | 37, Woodley Close, Romsey, Hampshire SO51 7PD | £3,324 | 91 | 4 | Terraced House | |
£595K | 05/23 | 2.22 mi | 8, Withy Close, Romsey, Hampshire SO51 7SA | £4,798 | 124 | 4 | Detached House | |
£475K | 07/21 | 2.22 mi | 70, Withy Close, Romsey, Hampshire SO51 7SA | - | - | 4 | Semi-Detached House | |
£500K | 02/21 | 2.22 mi | 69, Withy Close, Romsey, Hampshire SO51 7SA | £3,597 | 139 | 4 | Terraced House | |
£480K | 12/20 | 2.22 mi | 75, Withy Close, Romsey, Hampshire SO51 7SA | £3,609 | 133 | 4 | Semi-Detached House | |
£630K | 10/23 | 2.23 mi | 21, New Road, Romsey, Hampshire SO51 7LL | £5,798 | 109 | 4 | Detached House | |
£520K | 09/21 | 2.3 mi | 5, Ganger Farm Way, Ampfield, Romsey, Hampshire SO51 0DF | £4,643 | 112 | 4 | Detached House | |
£820K | 09/21 | 2.3 mi | 17, Woodley Lane, Cupernham, Romsey, Hampshire SO51 7JL | £9,535 | 86 | 4 | Detached House | |
£289.9K | 04/21 | 2.33 mi | 8, Tavistock Close, Romsey, Hampshire SO51 7TQ | £3,222 | 90 | 4 | Terraced House | |
£495K | 06/21 | 2.35 mi | 25, Fairview Drive, Romsey, Hampshire SO51 7LQ | £3,486 | 142 | 4 | Semi-Detached House | |
£550K | 04/23 | 2.4 mi | 69, Station Road, Romsey, Hampshire SO51 8DP | £6,044 | 91 | 4 | Terraced House | |
£437K | 03/21 | 2.42 mi | 2, Carters Clay Road, Lockerley, Romsey, Hampshire SO51 0GL | £3,392 | 129 | 4 | Semi-Detached House | |
£528K | 08/23 | 2.42 mi | Appletrees, Carters Clay Road, Lockerley, Romsey, Hampshire SO51 0GL | - | - | 4 | Detached House | |
£470K | 08/23 | 2.43 mi | 8, Cupernham Lane, Romsey, Hampshire SO51 7JH | £3,643 | 129 | 4 | Detached House | |
£817.5K | 04/23 | 2.43 mi | 36, Cupernham Lane, Romsey, Hampshire SO51 7JH | - | - | 4 | Detached House | |
£662.5K | 12/20 | 2.44 mi | 2, Cedar Lawn, Romsey, Hampshire SO51 7US | £4,866 | 136 | 4 | Detached House | |
£700K | 05/23 | 2.45 mi | Wynton, Winchester Hill, Romsey, Hampshire SO51 7ND | - | - | 4 | Semi-Detached House | |
£532.5K | 01/21 | 2.48 mi | 8, Briar Way, Romsey, Hampshire SO51 7RA | £4,591 | 116 | 4 | Detached House | |
£760K | 03/21 | 2.5 mi | Newlands, Salisbury Road, Shootash, Romsey, Hampshire SO51 6GA | £3,262 | 233 | 4 | Detached House | |
£645K | 04/21 | 2.5 mi | Hunters Lodge, Winchester Hill, Romsey, Hampshire SO51 7NW | £3,359 | 192 | 4 | Detached House | |
£770K | 07/23 | 2.5 mi | 2, Sorrel Close, Romsey, Hampshire SO51 7RB | - | - | 4 | Detached House | |
£800K | 01/23 | 2.5 mi | 4, Sorrel Close, Romsey, Hampshire SO51 7RB | - | - | 4 | Detached House |
Local Rents
49 rents from £725/mo to £3.5K/mo, average is £1.5K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£2,500 | 02/24 | 0.59 mi | Manor Lane, Timsbury, Romsey, Hampshire, SO51 | 4 | Detached House | |
£2,250 | 02/24 | 0.72 mi | Staff Road, Romsey | 4 | Detached House | |
£1,090 | 09/24 | 0.9 mi | Braishfield, Romsey Rural | 2 | Flat | |
£750 | 09/24 | 0.99 mi | Station Approach, Romsey, Hampshire, SO51 | 1 | Flat | |
£2,500 | 12/24 | 1.2 mi | Belbins, Romsey, Hampshire SO51 | 3 | Terraced House | |
£3,250 | 12/24 | 1.58 mi | Harry Court, Cupernham Lane, Romsey, Hampshire, SO51 | 5 | Detached House | |
£3,250 | 09/24 | 1.75 mi | Old Salisbury Lane, Romsey, Hampshire, SO51 | 5 | Flat | |
£2,100 | 02/24 | 1.79 mi | - | 3 | Semi-Detached House | |
£1,600 | 11/23 | 1.81 mi | - | 4 | Semi-Detached House | |
£2,750 | 05/24 | 1.82 mi | - | 4 | Detached House | |
£1,725 | 08/23 | 1.82 mi | - | 4 | Flat | |
£1,700 | 12/24 | 1.83 mi | Crook Hill, Braishfield | 3 | Bungalow | |
£1,850 | 03/25 | 1.84 mi | - | 3 | Terraced House | |
£3,500 | 02/25 | 1.87 mi | - | 5 | Detached House | |
£2,000 | 09/24 | 1.88 mi | Trokes Cottage, Mottisfont, SO51 0LH | 3 | Flat | |
£3,400 | 01/24 | 1.92 mi | - | 5 | Detached House | |
£1,600 | 12/24 | 1.97 mi | Cutforth Way, ROMSEY | 3 | House | |
£1,650 | 05/23 | 1.98 mi | - | 3 | Flat | |
£1,150 | 02/24 | 1.99 mi | Tate Close, Abbotswood, Romsey, Hampshire, SO51 | 2 | Flat | |
£1,150 | 09/24 | 2.04 mi | Freemantle Road, Romsey, Hampshire, SO51 | 2 | Flat | |
£1,295 | 09/24 | 2.06 mi | Minchin Road, Romsey | 2 | Detached House | |
£2,950 | 12/24 | 2.07 mi | Walnut Close, Romsey | 5 | Detached House | |
£1,200 | 12/24 | 2.07 mi | - | 2 | Flat | |
£1,600 | 09/24 | 2.08 mi | Thomas Hunt Row, Abbotswood Common Road, Romsey, Hampshire, SO51 | 3 | Terraced House | |
£1,350 | 09/24 | 2.14 mi | St. Johns Gardens, Romsey | 2 | Flat | |
£1,500 | 09/24 | 2.14 mi | Romsey | 3 | Flat | |
£1,500 | 12/24 | 2.17 mi | Romsey | 3 | House | |
£1,400 | 09/24 | 2.19 mi | Kinver Close, Romsey | 3 | Flat | |
£1,500 | 12/24 | 2.19 mi | Bransley Close, ROMSEY | 4 | Terraced House | |
£1,350 | 12/24 | 2.2 mi | - | 4 | Semi-Detached House | |
£1,000 | 12/24 | 2.2 mi | St Clements Close, Romsey | 1 | Flat | |
£3,250 | 12/24 | 2.24 mi | Braishfield Road, Romsey, Hampshire, SO51 | 4 | Detached House | |
£960 | 04/25 | 2.26 mi | - | 1 | Flat | |
£1,600 | 09/24 | 2.27 mi | 2 Canefield Cottages Romsey Road, Lockerley, Romsey | 3 | Flat | |
£1,000 | 01/25 | 2.28 mi | - | 3 | Terraced House | |
£1,500 | 12/24 | 2.28 mi | Lincoln Close, Romsey | 3 | Terraced House | |
£725 | 09/24 | 2.29 mi | Romsey Tavistock Close UNFURNISHED | 1 | Studio Flat | |
£1,150 | 04/25 | 2.29 mi | - | 1 | Terraced House | |
£1,350 | 04/25 | 2.3 mi | - | 2 | Semi-Detached House | |
£1,155 | 09/24 | 2.3 mi | - | 1 | Flat | |
£1,300 | 01/25 | 2.3 mi | - | 1 | Terraced House | |
£1,450 | 12/24 | 2.31 mi | Fairview Drive, ROMSEY | 3 | House | |
£1,475 | 12/24 | 2.31 mi | Fairview Drive, ROMSEY | 3 | House | |
£1,100 | 09/24 | 2.31 mi | - | 1 | Flat | |
£850 | 12/24 | 2.31 mi | Romsey | 1 | Flat | |
£2,000 | 12/24 | 2.31 mi | Princes Road, Romsey, Hampshire, SO51 | 3 | Semi-Detached House | |
£1,200 | 09/24 | 2.33 mi | Tavistock Close, Romsey, Hampshire, SO51 | 3 | Flat | |
£850 | 12/24 | 2.34 mi | - | 1 | Flat | |
£1,500 | 09/24 | 2.34 mi | Spearywell, SO51 | 2 | Detached House |
Local Area Statistics
Population in SO51 | 26,98926,989 |
Town centre distance | 2.23 miles away2.23 miles away |
Nearest school | 1.70 miles away1.70 miles away |
Nearest train station | 1.77 miles away1.77 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | -5%-5% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +14%+14% |
Property History
Listed for £695,000
December 18, 2024
Floor Plans

Description
- Located within the popular village of Timsbury, just 2.2 miles from Romsey +
- Positioned on a plot approaching 0.25 of an acre +
- Potential for extension and modernisation +
- 95ft Westerly facing rear garden and backing into open fields +
- Large driveway and double garage with room above +
- Four bedrooms, en-suite and family bathroom +
- Sitting room, dining room, study, kitchen and utility room +
- No forward chain +
A wonderful opportunity to acquire a detached home in the village of Timsbury, with potential to extend and modernise, positioned on plot approaching 0.25 on an acre and backing onto open fields. The flexible and spacious accommodation comprises four bedrooms, en-suite to bedroom one, family bathroom, sitting room with open fireplace, study/bedroom, dining room, kitchen and utility room. To the front of the home a double garage has a room above, an ideal space to be used as a home office or studio, there is driveway parking for several vehicles and westerly facing rear garden backing onto open fields.
Ground Floor - The front door opens into the hallway which immediately sets the tone for this welcoming and warm home. Access is provided to all rooms on the ground floor and the first floor via the stair case. The sitting room is a large room with a fire place and doors that open out to the rear garden. The study has a window overlooking the front of the home, currently used as a home office this room would serve well as a bedroom or second sitting room. The dining room has a window overlooking the rear garden, there is ample space for the dining suite, a doorway leads to the kitchen, which is fitted with a range of cupboards and drawers, there is an integrated oven, fitted hob with extractor hood over and space for further appliances. The utility room houses the boiler, has fitted storage, space for appliances and a door opening to the side of the home. A downstairs cloakroom is fitted with a WC and wash basin.
First Floor - The first floor landing provides access to three double bedrooms and the family bath room. Bedroom one is a spacious double room with built in wardrobes. The en-suite is fitted with a suite comprising WC, wash basin, shower cubicle and heated towel rail. Bedrooms two and three are both double rooms, bedroom three benefits from a built in wardrobe and access to the airing cupboard. The bathroom is fitted with a suite comprising WC, wash basin, bath with shower over and fitted shower screen.
Outside - The gardens are a particular feature of the home, the rear garden measures approximately 95ft in length, backs onto open fields and benefits from a pleasant westerly aspect, enjoying the afternoon and evening sun. Paving adjoins the rear of the home, a pathway leads to the side access. There is a large area laid to lawn with established hedging and trees. The front of the home has established hedging and trees offering a great deal of privacy.
Parking - A large driveway is at the front of the home, providing parking for many vehicles. A double garage has two up and over doors, power and lighting. A room above the garage is accessed via a staircase to the side, this room would make an ideal studio, hobby room or home office.
Location - The picturesque and characterful village of Timsbury, Hampshire, is located just 2.5 miles north of Romsey and is perfectly positioned for access to many good road links, Romsey train station and the beautiful city of Winchester. There are an abundance of nearby walks, communal areas for the residents to enjoy, excellent nearby schooling, nearby public houses/restaurants include well renowned 'The Malthouse' Gastro Pub, 'Duke on the Test' and 'Bear and Ragged Staff'.
Sellers Position - No forward chain
Age - 1980s
Heating - Oil fired central heating - Boiler installed 2023
Primary School - Awbridge Primary School
Secondary School - The Romsey School
Council Tax - Band G - Test Valley Borough Council
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