4 Bed Detached House, Refurb/BRRR, Romsey, SO51 7RL, £900,000

Windfield Drive, Romsey, Hampshire, SO51 7RL - 2 views - a month ago

Refurb/BRRR
~129 m²
+9 photos

ValuationOvervalued

Sold Prices£289.9K - £825K
Sold Prices/m²£3.1K/m² - £9.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£7K/m²

Value Estimate

£497,197

 

 

End Value (After Refurb)

£495,206

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£225,000

Stamp Duty & Legal Fees

£78,700

Refurb Costs

£57,818

Bridging Loan Interest

£23,625

Total Cash In

£386,893

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£495,206

Mortgage (After Refinance)

£371,405

Mortgage LTV

75%

Cash Left In

£386,893

Equity

£123,802

Rent Range

£1,000 - £3,500

Rent Estimate

£1,683

Running Costs/mo

£1,904

Cashflow/mo

£-221

Cashflow/yr

£-2,653

Gross Yield

2%

Local Sold Prices

50 sold prices from £289.9K to £825K, average is £497.5K. £3.1K/m² to £9.5K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£495K06/210.05 mi25, Fairview Drive, Romsey, Hampshire SO51 7LQ4
£820K09/210.15 mi17, Woodley Lane, Cupernham, Romsey, Hampshire SO51 7JL4
£700K05/230.19 miWynton, Winchester Hill, Romsey, Hampshire SO51 7ND4
£470K08/230.24 mi8, Cupernham Lane, Romsey, Hampshire SO51 7JH4
£817.5K04/230.24 mi36, Cupernham Lane, Romsey, Hampshire SO51 7JH4
£345K08/210.24 mi48, Westering, Romsey, Hampshire SO51 7LY4
£340K03/230.25 mi59, St Blaize Road, Romsey, Hampshire SO51 7JY4
£532.5K01/210.29 mi8, Briar Way, Romsey, Hampshire SO51 7RA4
£495K08/210.31 mi3, Newlyn Walk, Romsey, Hampshire SO51 7WB4
£445K06/210.32 mi2, Newlyn Walk, Romsey, Hampshire SO51 7WB4
£289.9K04/210.32 mi8, Tavistock Close, Romsey, Hampshire SO51 7TQ4
£430K06/210.32 mi3, Home Field, Romsey, Hampshire SO51 7WG4
£412.5K10/200.32 mi16, Home Field, Romsey, Hampshire SO51 7WG4
£662.5K12/200.34 mi2, Cedar Lawn, Romsey, Hampshire SO51 7US4
£770K07/230.35 mi2, Sorrel Close, Romsey, Hampshire SO51 7RB4
£800K01/230.35 mi4, Sorrel Close, Romsey, Hampshire SO51 7RB4
£630K10/230.36 mi21, New Road, Romsey, Hampshire SO51 7LL4
£520K03/210.36 mi32, Brook Way, Romsey, Hampshire SO51 7JZ4
£625K04/230.36 mi14, Brook Way, Romsey, Hampshire SO51 7JZ4
£333K06/210.36 mi54, Cavendish Close, Romsey, Hampshire SO51 7HT4
£625K06/210.37 mi70, Cupernham Lane, Romsey, Hampshire SO51 7LF4
£480K11/220.38 mi24, Halterworth Close, Romsey, Hampshire SO51 5QG4
£515K03/230.38 mi37, Jenner Way, Romsey, Hampshire SO51 8PD4
£460K09/210.41 mi14, High Firs Gardens, Romsey, Hampshire SO51 5QA4
£707K05/230.41 mi20, The Meadows, Romsey, Hampshire SO51 0GX4
£825K06/230.42 miWillow Cottage, Canal Walk, Romsey, Hampshire SO51 7AP4
£775K03/230.46 mi55, Horseshoe Drive, Romsey, Hampshire SO51 7TP4
£525K11/200.46 mi29, Horseshoe Drive, Romsey, Hampshire SO51 7TP4
£675K05/230.46 mi5, Horseshoe Drive, Romsey, Hampshire SO51 7TP4
£445K06/210.47 mi2, Kennett Close, Romsey, Hampshire SO51 5PR4
£645K04/210.47 miHunters Lodge, Winchester Hill, Romsey, Hampshire SO51 7NW4
£445K12/200.48 mi13, Tadfield Road, Romsey, Hampshire SO51 5AL4
£480K05/230.49 mi9, Avon Crescent, Romsey, Hampshire SO51 5PX4
£405K08/210.49 mi82, Winchester Road, Romsey, Hampshire SO51 8JE4
£480K05/230.49 mi1, Hestia Close, Romsey, Hampshire SO51 8PA4
£415.5K12/200.5 mi6, Meon Road, Romsey, Hampshire SO51 5PU4
£660K01/210.51 mi19, Westbroke Gardens, Romsey, Hampshire SO51 7RQ4
£595K05/230.56 mi8, Withy Close, Romsey, Hampshire SO51 7SA4
£475K07/210.56 mi70, Withy Close, Romsey, Hampshire SO51 7SA4
£500K02/210.56 mi69, Withy Close, Romsey, Hampshire SO51 7SA4
£480K12/200.56 mi75, Withy Close, Romsey, Hampshire SO51 7SA4
£575K04/230.59 mi3, Grays Close, Romsey, Hampshire SO51 5PG4
£455K01/210.61 mi17, Mount Temple, Romsey, Hampshire SO51 5UW4
£570K11/200.63 mi2, Grayling Mead, Romsey, Hampshire SO51 7RU4
£302.5K05/210.7 mi37, Woodley Close, Romsey, Hampshire SO51 7PD4
£472.5K10/220.72 mi135, Tadburn Road, Romsey, Hampshire SO51 5HW4
£676.9K04/210.72 mi161, Botley Road, Romsey, Hampshire SO51 5SX4
£330K01/210.74 mi11, Ash Close, Romsey, Hampshire SO51 5RX4
£540K11/220.77 mi37, Sycamore Close, Romsey, Hampshire SO51 5SB4
£370K03/210.77 mi44, Sycamore Close, Romsey, Hampshire SO51 5SB4

Local Rents

31 rents from £1K/mo to £3.5K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,45012/240.08 miFairview Drive, ROMSEY3
£1,47512/240.08 miFairview Drive, ROMSEY3
£1,45002/250.17 mi-3
£1,35009/240.2 miViney Avenue, Romsey3
£1,50012/240.22 miRomsey Hogarth Close UNFURNISHED3
£1,50012/240.23 miBransley Close, ROMSEY4
£1,60012/240.23 miViney Avenue, Romsey3
£1,50012/240.24 miLincoln Close, Romsey3
£1,50012/240.25 miAddison Close, Romsey3
£1,40009/240.25 miKinver Close, Romsey3
£1,40009/240.26 miRomsey Beverley Gardens UNFURNISHED3
£1,35012/240.27 mi-4
£1,30010/230.3 mi-3
£1,30010/240.3 mi-3
£1,20009/240.3 miTavistock Close, Romsey, Hampshire, SO513
£1,50009/240.36 miRomsey3
£1,50012/240.36 miRomsey3
£2,00010/230.39 mi-4
£1,00001/250.41 mi-3
£1,40009/240.41 miRomsey Hayter Gardens UNFURNISHED3
£1,60009/240.45 miWinchester Road, Romsey, Hampshire, SO513
£1,20012/230.46 mi-3
£1,40006/240.46 mi-3
£1,49508/230.46 mi-3
£3,40001/240.49 mi-5
£1,60012/240.49 miRomsey Saxon Way FURNISHED4
£1,30002/240.5 miWessex Gardens, Romsey, SO513
£3,25012/240.5 miBraishfield Road, Romsey, Hampshire, SO514
£3,50003/250.52 mi-5
£2,75005/240.57 mi-4
£1,60009/240.6 miThomas Hunt Row, Abbotswood Common Road, Romsey, Hampshire, SO513

Local Area Statistics

Population in SO51

26,989

Town centre distance

0.56 miles away

Nearest school

0.20 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £900,000

March 11, 2025

Floor Plans

Description

  • Prime Location – Situated on an exclusive private road, close to Romsey town centre +
  • Spacious & Bright – Well-lit detached bungalow with a generous layout +
  • Ample Parking – Driveway for two vehicles plus a detached double garage +
  • Welcoming Living Spaces – Dual-aspect living room with a feature fireplace +
  • Modern Convenience – Open-plan kitchen/breakfast room with a large utility room +
  • Flexible Layout – Three or four generously sized bedrooms +
  • Luxurious Principal Bedroom – Impressively spacious with an en-suite bathroom +
  • Beautiful Garden – Wraps around two elevations, featuring a well-maintained lawn, mature shrubs, and a paved patio area +
  • Potential for Enhancement – Well-maintained but offers scope for reconfiguration or modernisation +
  • Desirable Setting – A rare opportunity in a sought-after and peaceful location +

This spacious and beautifully bright detached bungalow is situated on an exclusive private road, just a short distance from the centre of Romsey.

The property is approached via a driveway with parking for two vehicles, alongside a charming front garden and a detached double garage. Inside, the welcoming hallway leads to a dual-aspect living room with a feature fireplace, a well-appointed kitchen/breakfast room with an open-plan feel, and a large utility room providing additional garden access.

A formal dining room offers further entertaining space, while the flexible layout includes three or four generously sized bedrooms. The impressive principal bedroom benefits from an en-suite bathroom.

The rear garden wraps around two elevations of the property, boasting a well-maintained lawn, mature shrubs, and a paved patio area, creating a delightful outdoor retreat.

A side door provides convenient access to the double garage. While the bungalow has been well cared for, it presents an excellent opportunity for reconfiguration or modernisation to suit personal tastes. With its sought-after location and versatile living space, this property is a rare find in a highly desirable setting.

ADDITIONAL INFORMATION

Materials used in construction: Ask Agent
How does broadband enter the property: Ask Agent

For further information on broadband and mobile coverage, please refer to the Ofcom Checker online

Situated within close proximity to commuter links such as the M27 and A36, Romsey lies on the east bank of the River Test at the lower end of the Test Valley, with the New Forest to the South West, the ancient city of Winchester to the East and the major city and port of Southampton to the South. Romsey retains its regular street market as well as a thriving town centre with shops, restaurants, public houses, leisure facilities and historical sites including Broadlands House. At the centre of Romsey is the market place, town hall and the stunning Abbey.

Agent Details

Charters, Romsey

01794 337464

Next Steps?

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