3 Bed Terraced House, Single Let, Romsey, SO51 7HT, £350,000

Romsey, SO51 7HT - 1 views - 5 months ago

BTL
~93 m²
+8 photos

ValuationFair Value

Sold Prices£241.5K - £630K
Sold Prices/m²£2.8K/m² - £5.7K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£353,718

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£17,500

Total Cash In

£105,000

 

 

Cash Out

 

Rent Range

£1,000 - £2,100

Rent Estimate

£1,306

Running Costs/mo

£1,375

Cashflow/mo

£-69

Cashflow/yr

£-827

Gross Yield

4%

Local Sold Prices

50 sold prices from £241.5K to £630K, average is £320K. £2.8K/m² to £5.7K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£277K07/210.04 mi35, Cavendish Close, Romsey, Hampshire SO51 7HT3
£265K03/210.04 mi29, Cavendish Close, Romsey, Hampshire SO51 7HT3
£260K02/210.04 mi61, Cavendish Close, Romsey, Hampshire SO51 7HT3
£258K06/210.06 mi71, Kinver Close, Romsey, Hampshire SO51 7JW3
£274K04/210.06 mi13, Kinver Close, Romsey, Hampshire SO51 7JW3
£280K07/210.09 mi37, Stapleford Close, Romsey, Hampshire SO51 7HU3
£262.5K11/200.09 mi35, Stapleford Close, Romsey, Hampshire SO51 7HU3
£325K09/230.09 mi50, Kinver Close, Romsey, Hampshire SO51 7JU3
£507.5K06/210.12 mi35, Brook Way, Romsey, Hampshire SO51 7JZ3
£340K05/210.13 mi32, Bransley Close, Romsey, Hampshire SO51 7JT3
£275K03/210.16 mi20, Lincoln Close, Romsey, Hampshire SO51 7TJ3
£310K03/230.17 mi4, Halden Close, Romsey, Hampshire SO51 7TS3
£355K12/220.18 mi14, Rimington Gardens, Romsey, Hampshire SO51 7TT3
£255K10/200.18 mi23, Halden Close, Romsey, Hampshire SO51 7TS3
£310K08/230.19 mi10, Halden Close, Romsey, Hampshire SO51 7TS3
£271K07/230.19 mi12, Halden Close, Romsey, Hampshire SO51 7TS3
£245.1K03/210.19 mi5, Halden Close, Romsey, Hampshire SO51 7TS3
£272K06/210.2 mi10, Waverley Close, Romsey, Hampshire SO51 7TG3
£315K12/220.21 mi12, Tavistock Close, Romsey, Hampshire SO51 7TQ3
£471K10/200.21 mi13, Richmond Lane, Romsey, Hampshire SO51 7LB3
£342.5K11/220.23 mi1, Addison Close, Romsey, Hampshire SO51 7TL3
£350K02/230.24 mi2, Abbotswood Close, Romsey, Hampshire SO51 7TW3
£340K08/230.25 mi14, Hogarth Close, Romsey, Hampshire SO51 7TF3
£300K02/230.25 mi13, Pinewood Close, Romsey, Hampshire SO51 7TN3
£302.5K07/230.26 mi6, Pinewood Close, Romsey, Hampshire SO51 7TN3
£241.5K03/210.26 mi4, Pinewood Close, Romsey, Hampshire SO51 7TN3
£420K03/210.28 mi42, Fairview Drive, Romsey, Hampshire SO51 7LR3
£480K09/210.29 mi3, Carisbrooke Court, Romsey, Hampshire SO51 7JQ3
£285K06/210.3 mi9, Savernake Close, Romsey, Hampshire SO51 7TD3
£390K01/230.31 mi161, Cutforth Way, Romsey, Hampshire SO51 0BG3
£386.5K04/230.35 mi102, Cutforth Way, Romsey, Hampshire SO51 0BD3
£630K06/230.36 mi21, Woodley Lane, Cupernham, Romsey, Hampshire SO51 7JL3
£330K11/200.37 mi12, Harefield Court, Romsey, Hampshire SO51 7NN3
£480K10/200.37 mi6, Barton Close, Romsey, Hampshire SO51 7QE3
£430K03/230.4 mi32, Tate Close, Romsey, Hampshire SO51 0BE3
£580K12/220.4 mi30, Ashley Meadows, Romsey, Hampshire SO51 7LT3
£315K08/230.42 mi143, Westering, Romsey, Hampshire SO51 7LX3
£346K06/210.42 mi47a, Viney Avenue, Romsey, Hampshire SO51 7NR3
£243K03/210.43 mi3, Brickwoods Close, Romsey, Hampshire SO51 7JA3
£280K08/210.44 mi56, Woodley Close, Romsey, Hampshire SO51 7PD3
£280K09/210.45 mi105, St Blaize Road, Romsey, Hampshire SO51 7JY3
£350K03/230.45 mi79, St Blaize Road, Romsey, Hampshire SO51 7JY3
£362K11/220.45 mi39, St Blaize Road, Romsey, Hampshire SO51 7JY3
£295K05/230.45 mi101, St Blaize Road, Romsey, Hampshire SO51 7JY3
£350K12/200.45 mi53, Hunters Crescent, Romsey, Hampshire SO51 7UG3
£385K05/230.46 mi35, Wyndham Drive, Romsey, Hampshire SO51 0AP3
£330K06/210.46 mi36, Wyndham Drive, Romsey, Hampshire SO51 0AP3
£279K07/210.48 mi112, St Blaize Road, Romsey, Hampshire SO51 7LW3
£350K03/230.48 mi27, Clover Way, Romsey, Hampshire SO51 7RG3
£445K08/210.49 mi14, Peel Close, Romsey, Hampshire SO51 7UQ3

Local Rents

21 rents from £1K/mo to £2.1K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,50009/240.04 miRomsey3
£1,50012/240.09 miRomsey3
£1,40009/240.09 miKinver Close, Romsey3
£1,50012/240.16 miLincoln Close, Romsey3
£1,20009/240.21 miTavistock Close, Romsey, Hampshire, SO513
£1,50012/240.23 miAddison Close, Romsey3
£1,50012/240.27 miRomsey Hogarth Close UNFURNISHED3
£1,45012/240.28 miFairview Drive, ROMSEY3
£1,47512/240.28 miFairview Drive, ROMSEY3
£1,65005/230.29 mi-3
£1,40009/240.29 miRomsey Beverley Gardens UNFURNISHED3
£1,60009/240.29 miThomas Hunt Row, Abbotswood Common Road, Romsey, Hampshire, SO513
£1,60012/240.35 miCutforth Way, ROMSEY3
£2,10002/240.46 mi-3
£1,85004/250.47 mi-3
£1,45002/250.48 mi-3
£1,35009/240.49 miViney Avenue, Romsey3
£1,30010/230.5 mi-3
£1,30010/240.5 mi-3
£1,60012/240.54 miViney Avenue, Romsey3
£1,00001/250.59 mi-3

Local Area Statistics

Population in SO51

26,989

Town centre distance

0.71 miles away

Nearest school

0.20 miles away

Nearest train station

0.85 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £350,000

March 4, 2025

Listed for £360,000

November 28, 2024

Floor Plans

Description

  • No Forward Chain +
  • Garage in a block +
  • Extended Ground Floor +
  • Utility Room & Downstairs Cloakroom +
  • Open Plan Kitchen/Diner/Family Room +
  • Solar Panels +
  • Gas Central Heating +
  • Double Glazing +
  • Excellent Energy Rating +
  • Approximately a 25 Minute Walk to Romsey Town Centre +

Location:
Situated on the sought-after Woodley Estate, this property enjoys an excellent location under 1.5 miles from Romsey town centre, with its vibrant selection of amenities. The town boasts a Waitrose superstore, a variety of shops, bars, and restaurants, as well as convenient bus and train links to Winchester, Salisbury, Southampton, and beyond.

Families will appreciate the close proximity to the highly regarded Cupernham Primary School, which is just a short walk away. Nearby local shops and a children's play area enhance the convenience of the neighborhood. Nature lovers will enjoy easy access to the Abbotswood Nature Reserve, offering opportunities for outdoor recreation, while a regular bus service between Romsey and Winchester ensures excellent connectivity.

With its combination of accessibility, family-friendly amenities, and natural surroundings, this property is perfectly positioned to meet a range of lifestyle needs.

This exceptional three-bedroom family home combines thoughtful design with stylish living spaces, making it an ideal choice for modern family life.

Ground Floor: The heart of the home is the extended open-plan kitchen, dining, and family area. Featuring an attractive roof lantern, this space is filled with natural light and opens seamlessly into the rear garden, creating a bright and welcoming environment perfect for family meals and social gatherings. Complementing this is a handy utility room and a guest cloakroom for added convenience. At the front, the large sitting room exudes warmth and charm, enhanced by an inset shelving feature, providing a cosy yet functional space for relaxation and entertainment.

First Floor: The upper floor offers three well-proportioned bedrooms, including two spacious doubles, both with built-in storage and a generous single. Each room is thoughtfully designed to accommodate family members or guests comfortably. A sizeable and well-appointed shower room serves all the bedrooms, adding to the home's practical layout.

Outdoor Space: The rear garden, with its lovely easterly aspect, is neatly landscaped, providing an inviting area for outdoor activities or quiet enjoyment. Additional practicality comes with a garage located in a nearby block, complete with parking in front, with further visitor parking options available close by.

Its proximity to both conveniences and quality schooling makes it particularly well-suited for families. This home offers the perfect balance of style, comfort, and practicality in a desirable location, making it a must-see for those seeking versatile living arrangements.
Test Valley Council Tax:
Band: C, Price: £1,867.68 for the year 2024/25

Agent Details

Pearsons, Romsey

01794 514516

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪