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Lymington, SO41

£450,000|Bungalow | 2 bedroom | Freehold|↑402.79% compared to last sold price
Approximate area: SO41
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Added on 7th May 2026 by Burkmars Estate Agents, Lymington
On the market for 4 months, 7 days
Summary
An excellent opportunity to acquire a two-bedroom detached bungalow, situated in a convenient residential location in Pennington. The property benefits from a driveway, detached garage and well-proportioned accommodation, and is now in need of modernisation, offering great scope for improvement.
Price history
1997 £89,500
£0£200k£400k£600k199720072017Jun 26Aug 26Asking £450,000
Sold pricesAsking price since listing
EPC data
Date of EPC: 5th May 2026 - Valid
EPC rating: D
Property age: 1967-1975
EPC energy efficiency rating: current 63, potential 73
Rent data
2 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £1,400 to £2,000 which represents a yield of between 3.7% and 5.3% if buying at the asking price
A yield of 4.1% to 5.9% if purchased for 90% of the asking price (£405,000)
A yield of 4.7% to 6.7% if purchased for 80% of the asking price (£360,000)
Stamp duty
£
Main and only residence: £12,500.00
First-time buyer: £7,500.00
Buy-to-let: £35,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 16th July 2026 the asking price was reduced from £490,000 to £450,000