4 Bed Detached House, Refurb/BRRR, Romsey, SO51 9BT, £800,000

Knapp, Ampfield, Romsey, SO51 9BT - 2 months ago

Refurb/BRRR
~129 m²
+8 photos

ValuationOvervalued

Sold Prices£390K - £910K
Sold Prices/m²£3.1K/m² - £6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£6.2K/m²

Value Estimate

£511,302

 

 

End Value (After Refurb)

£700,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£200,000

Stamp Duty & Legal Fees

£52,700

Refurb Costs

£57,818

Bridging Loan Interest

£21,000

Total Cash In

£333,268

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£700,000

Mortgage (After Refinance)

£525,000

Mortgage LTV

75%

Cash Left In

£333,268

Equity

£175,000

Rent Range

£650 - £4,250

Rent Estimate

£1,556

Running Costs/mo

£2,519

Cashflow/mo

£-963

Cashflow/yr

£-11,552

Gross Yield

2%

Local Sold Prices

48 sold prices from £390K to £910K, average is £566.5K. £3.1K/m² to £6K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£825K01/230.06 mi181a, Knapp Lane, Ampfield, Romsey, Hampshire SO51 9BT4
£800K05/230.68 miLittle Shilling, Pound Lane, Ampfield, Romsey, Hampshire SO51 9BP4
£800K06/210.73 miSunnyside House, Ampfield Hill, Ampfield, Romsey, Hampshire SO51 9BD4
£910K05/211.19 miTanglewood, 13, Hook Road, Ampfield, Romsey, Hampshire SO51 9DB4
£620K02/211.37 mi36, Beechwood Crescent, Chandler's Ford, Eastleigh, Hampshire SO53 5PD4
£650K01/211.37 mi3, Hocombe Wood Road, Chandler's Ford, Eastleigh, Hampshire SO53 5PN4
£630K11/201.38 mi344, Hursley Road, Chandler's Ford, Eastleigh, Hampshire SO53 5PL4
£500K11/201.51 mi11, Hocombe Drive, Chandler's Ford, Eastleigh, Hampshire SO53 5QE4
£535K02/211.56 mi6, Merrick Way, Chandler's Ford, Eastleigh, Hampshire SO53 4QT4
£500K04/211.57 mi6, Medway Drive, Chandler's Ford, Eastleigh, Hampshire SO53 4SR4
£641K04/211.6 mi29, Meredun Close, Hursley, Winchester, Hampshire SO21 2JA4
£777K09/211.6 miFir Trees, Crampmoor Lane, Crampmoor, Romsey, Hampshire SO51 9AJ4
£570K05/231.62 mi20, Partry Close, Chandler's Ford, Eastleigh, Hampshire SO53 4SS4
£580K06/211.63 mi18, Ouse Close, Chandler's Ford, Eastleigh, Hampshire SO53 4RW4
£540K09/211.67 miThe Tree House, Richmond Close, Chandler's Ford, Eastleigh, Hampshire SO53 5RA4
£580K08/231.68 mi4, Thetford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 4RN4
£615K11/221.7 mi31a, Main Road, Hursley, Winchester, Hampshire SO21 2JW4
£552K06/231.72 mi2, Polesden Close, Chandler's Ford, Eastleigh, Hampshire SO53 1TW4
£555K02/231.72 mi9, Collins Lane, Hursley, Winchester, Hampshire SO21 2JX4
£580K03/231.72 mi3, Cranford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 1PU4
£510K08/211.72 mi22, Kielder Close, Chandler's Ford, Eastleigh, Hampshire SO53 4RL4
£500K06/211.73 mi235, Hursley Road, Chandler's Ford, Eastleigh, Hampshire SO53 1JP4
£490K05/231.74 mi19, Avonborne Way, Chandler's Ford, Eastleigh, Hampshire SO53 1TF4
£425K02/211.74 mi17, Avonborne Way, Chandler's Ford, Eastleigh, Hampshire SO53 1TF4
£595K03/211.75 mi28, Leven Close, Chandler's Ford, Eastleigh, Hampshire SO53 4SH4
£505K03/211.75 mi18, Swale Drive, Chandler's Ford, Eastleigh, Hampshire SO53 4QY4
£545K02/211.75 mi1, Swale Drive, Chandler's Ford, Eastleigh, Hampshire SO53 4QY4
£525K01/211.76 mi18, Cranford Gardens, Chandler's Ford, Eastleigh, Hampshire SO53 1PU4
£800K07/211.76 miLiban, Crampmoor Lane, Crampmoor, Romsey, Hampshire SO51 9AJ4
£790K01/231.76 mi9, Morgan Le Fay Drive, Chandler's Ford, Eastleigh, Hampshire SO53 4JF4
£800K04/231.79 mi17, Tweed Close, Chandler's Ford, Eastleigh, Hampshire SO53 4QX4
£685K06/231.83 mi27, Gardner Way, Chandler's Ford, Eastleigh, Hampshire SO53 1JJ4
£520K01/211.84 mi17, Jack Close, Chandler's Ford, Eastleigh, Hampshire SO53 4NU4
£545K03/231.84 mi28, Walnut Close, Chandler's Ford, Eastleigh, Hampshire SO53 5RQ4
£601K04/211.85 mi57, Catmint Close, Chandler's Ford, Eastleigh, Hampshire SO53 4NT4
£475K11/201.85 mi1, Fairbairn Walk, Chandler's Ford, Eastleigh, Hampshire SO53 4HT4
£488K06/231.85 mi6, Larkspur Drive, Chandler's Ford, Eastleigh, Hampshire SO53 4HU4
£557.5K01/211.9 mi168, Hiltingbury Road, Chandler's Ford, Eastleigh, Hampshire SO53 5NS4
£515K03/211.9 mi153, Hursley Road, Chandler's Ford, Eastleigh, Hampshire SO53 1JH4
£418K09/211.91 mi15, Tomkyns Close, Chandler's Ford, Eastleigh, Hampshire SO53 4HL4
£390K06/211.91 mi9, Collins Close, Chandler's Ford, Eastleigh, Hampshire SO53 4HS4
£520K09/211.94 mi5, Ganger Farm Way, Ampfield, Romsey, Hampshire SO51 0DF4
£770K08/231.94 mi29, Sycamore Avenue, Chandler's Ford, Eastleigh, Hampshire SO53 5RJ4
£625K03/211.95 mi19, Wood End Way, Chandler's Ford, Eastleigh, Hampshire SO53 4LN4
£563K06/211.96 mi3, Common Hill Road, Braishfield, Romsey, Hampshire SO51 0QF4
£795K12/211.99 mi49, Nichol Road, Chandler's Ford, Eastleigh, Hampshire SO53 5AX4
£405K03/212 mi14, Honeysuckle Way, Chandler's Ford, Eastleigh, Hampshire SO53 4LR4
£630K01/232 mi45, Harvest Road, Chandler's Ford, Eastleigh, Hampshire SO53 4HE4

Local Rents

48 rents from £650/mo to £4.3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25009/240 miHill Barn Annex, Ampfield , Romsey SO51 9BT1
£4,25001/240.47 mi-3
£1,30009/240.74 miLower Ratlake Farm, Winchester, SO211
£2,20012/241.29 miDores Lane, Braishfield, Romsey, Hampshire, SO514
£1,45009/241.35 miFlexford Close3
£2,50011/241.52 mi-4
£65007/241.55 mi-2
£70002/251.55 mi-2
£1,15009/241.59 miHursley Road, Chandler'S Ford, Eastleigh, SO532
£1,10010/241.62 mi-1
£1,09003/251.62 mi-1
£1,10007/231.62 mi-1
£95002/241.63 mi-2
£1,25003/251.63 mi-2
£1,25004/251.63 mi-2
£1,45012/241.63 miHursley, Winchester2
£1,20012/241.64 miMain Road, Hursley, Winchester, Hampshire, SO212
£1,50009/241.67 miMorgan Le Fay Drive, Chandlers Ford3
£1,15011/241.7 mi-2
£1,15003/251.7 mi-2
£1,15010/231.7 mi-2
£1,20009/241.71 mi-2
£1,15012/241.71 mi-2
£2,00009/241.71 miCharlecote Drive, North Millers Dale, Chandler's Ford, Hampshire, SO534
£1,60012/241.72 mi-2
£1,15009/241.73 miChandler's Ford, Eastleigh2
£1,25004/251.74 mi-2
£1,25004/251.74 mi-2
£89502/251.74 mi-1
£1,00009/241.74 miChandler's Ford2
£1,60001/241.74 mi-4
£1,70009/241.74 mi-4
£1,15009/241.75 miCharnwood Crescent, Chandler's Ford, Eastleigh, SO532
£1,20011/241.75 mi-2
£2,00009/241.77 miMorgan Le Fay Drive, Chandlers Ford4
£1,55009/241.77 miAshdown Close, Hiltingbury3
£1,75003/241.77 mi-4
£1,80005/241.78 mi-4
£1,85009/241.78 miMerlin Way, Chandler's Ford, Eastleigh, SO534
£1,72501/251.79 mi-3
£2,50011/241.83 mi-4
£2,75012/241.83 miGanger Farm Way, Ampfield, Romsey, SO514
£1,75003/241.84 mi-4
£2,25009/241.85 miCatmint Close4
£2,25009/241.85 miChandlers Ford, Hampshire4
£1,55009/241.85 miLarkspur Drive, Knightwood Park3
£1,20009/241.9 miTomkyns Close, Knightwood Park, Chandler's Ford2
£1,55003/251.9 mi-3

Local Area Statistics

Population in SO51

26,989

Town centre distance

3.23 miles away

Nearest school

1.50 miles away

Nearest train station

2.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £800,000

February 17, 2025

Floor Plans

Description

  • Complete Forward Chain +
  • Sought-After Location +
  • Double Garage +
  • Driveway Parking For at Least Four Vehicles +
  • Home Office +
  • En-Suite to Master Bedroom +
  • Quite Hamlet on The Outskirts of Winchester & Romsey +
  • Semi-Rural Location +
  • Potential to Improve and Extend (STP) +
  • Potential to Create Open Plan Living +

Location:
Knapp is a peaceful hamlet within Ampfield, a sought-after village just north of the historic market town of Romsey. Ampfield offers a range of amenities, including a church, village hall, golf course, pubs, and restaurants. It is also home to the world-famous Hillier Gardens and Arboretum. Romsey lies just four miles away, while the Cathedral City of Winchester is within easy reach at eight miles. The area is well-served by both private and public schools for all age groups. Additionally, the property benefits from excellent transport links, with convenient access to the M3/M27 motorway network for travel across the region and to London. From Winchester, London Waterloo can be reached directly in approximately 60 minutes.
 Accomodation:
The interior provides versatile living space, now offering an excellent opportunity for modernisation. The ground floor features a spacious double-aspect sitting room with an open fireplace, a separate dining room, a kitchen, a study, a utility room, and a guest cloakroom.
Upstairs, there are four well-proportioned bedrooms, two with built-in wardrobes, including a master bedroom with an en-suite bathroom, alongside a family bathroom.
The property is centrally positioned within its plot, with a private driveway offering ample off-road parking and access to an integrated double garage. The gardens provide a high degree of privacy, with a landscaped front lawn bordered by shrubs and enclosed by hedging. To the rear, a walled, hard-landscaped terrace creates an ideal space for outdoor entertaining. The surrounding area boasts scenic woodland walks, open countryside, and excellent leisure facilities, including a superb golf course and cricket ground nearby.

Test Valley Council Tax:
Band: G, Price: £3,352.55 for the year 2023/24

Agent Details

Pearsons, Romsey

01794 514516

Next Steps?

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