Lower Pennington Lane, Pennington, Lymington, Hampshire, SO41
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Lower Pennington Lane, Pennington, Lymington, Hampshire, SO41

By Woolley & Wallis

£ 325,000

Reviews

3 out of 5 stars

Woolley & Wallis says ..

A first floor apartment set in a small purpose built block of only four, the apartment has a lovely full width south facing balcony and a garage and is situated on a quiet, leafy lane. Chain free.

Property Oracle says ..

This two-bedroom, one-bathroom apartment is situated in Pennington, a village within the picturesque New Forest National Park in Hampshire. The property is part of a small block of four apartments, offering a degree of privacy and a quiet location. The apartment benefits from a south-facing balcony and a garage, offering both outdoor space and convenient parking. 

The exterior of the building presents well in the photos provided, appearing to be well maintained. The garden space, while shared, is also in reasonable condition. Internally, the apartment appears clean and relatively unfurnished, which allows for a potential buyer to customize to their taste. However, the images do suggest the property may require some updating and some interior modernization to fully enhance its appeal and value. The kitchen and bathrooms are outdated and might benefit from improvement. While functional, a refurbishment of these spaces would significantly improve the property’s overall quality.

The location in Pennington is desirable. It offers a balance between peaceful rural living and access to amenities in Lymington, which is a short distance away. The nearby availability of good schools and access to train stations makes the property a potentially attractive option for various buyers. The lack of specific square footage data for the apartment in the listing and the minimal information about the property in the listing makes a detailed square foot analysis impossible, but it appears to be appropriately priced for the area, given its location and the inclusion of a garage. A potential buyer should budget for some updating and renovation work, which would improve the overall value and appeal of the property significantly.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
783.61

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
517,475.00 £
Decreased by 7.77 %
from 561,066.00 £
Est sale value
422,365.79 £
Increased by 11.59 %
from 378,483.63 £
Average area rental value
3,500.00 £/mo
Increased by 193.62 %
from 1,192.00 £/mo
Est letting value
2,350.83 £/mo
Increased by 200.00 %
from 783.61 £/mo
Est rental Yield
8.12 %
Increased by 218.43 %
from 2.55 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Woolley & Wallis marked this listing as sold.

  • Woolley & Wallis created the listing.

Nearby Schools

NameTypeOfstedDistance
Priestlands SchoolAcademy ConverterGood0.50 KM
Pennington Church Of England Junior SchoolVoluntary Controlled SchoolRequires improvement0.86 KM
Pennington Infant SchoolCommunity SchoolGood0.86 KM
All Seasons And Seedlings Children'S CentreChildren's Centre0.86 KM
Lymington Junior SchoolCommunity SchoolGood1.46 KM

Images

First Floor Flat The Development Sitting/Dining Room The View Balcony Kitchen Study Bedroom One Bedroom Two Balcony Communal Garden Garage Block Garage Ridgeway Court First Floor Flat Communal Gardens Ridgeway Court Garage Block Garage

Nearby Streets

NameAverage PriceAverage SqftDistance
Rookes Lane £ 420,00000.00 KM
Elm Avenue £ 000.00 KM
Stanford Gardens £ 000.00 KM
Priestlands Walk £ 700,00000.00 KM
Oakfield £ 1,495,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Lymington Town5887LYT2.15 KM
Lymington Pier5892LYP2.75 KM
Sway5884SWY7.51 KM
Brockenhurst5886BCU7.91 KM

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