4 bed terraced house for sale

Quay Hill, Lymington, Hampshire SO41

Grade II listed Georgian town house with five bedrooms, private courtyard and successful holiday-let income.

Description
A rare opportunity to acquire a beautifully refurbished Grade II listed Georgian town house, ideally positioned on the famous cobbled Quay Hill in the heart of Lymington.

Combining period character with modern comforts, the property is currently operated as a successful holiday let, whilst also offering an excellent main residence or second home.

The property retains a wealth of period features, including its attractive Georgian façade and striking full-drop box-bay window overlooking the cobbles. Extending to approximately 1,383 sq ft over three floors, the accommodation comprises five bedrooms, two bath/shower rooms, a ground floor cloakroom and well-proportioned reception spaces.

The ground floor includes a welcoming entrance hall, spacious sitting room with fireplace and box-bay window, dining room with exposed floorboards, and a fitted kitchen with direct access to the private courtyard.

The first floor provides three bedrooms, two with fitted storage, and a family bathroom, while the second floor offers two further bedrooms with exposed beams and dormer windows, together with a shower room.

The property has been further enhanced by the current owners with new fitted wardrobes and bookshelves to the sitting room, principal bedroom and hallway, alongside upgraded curtains and blinds. They also installed the new fireplace in the sitting room.

To the rear is a private wooden decked courtyard with a store room. Planning permission is currently being sought for a rear roof terrace, new full-width kitchen, relocation of the ground floor WC and a dormer extension to create a larger bath/shower room.

The property is an established and successful holiday let, registered for business rates and currently benefiting from a 100% small business rates exemption. It has generated proven revenue over several years, with an approximately 80% profit margin after cleaning fees and utilities, equating to a gross yield of around 6% based on the purchase price.

Location
Lymington is a beautiful Georgian market town on the edge of the New Forest National Park, renowned for its picturesque High Street, historic harbour and excellent sailing facilities. The property is exceptionally well placed on Quay Hill, just moments from the waterfront, marinas and the town centre, with a wide range of independent shops, cafés, restaurants and boutiques all within easy walking distance.

The town's two deep-water marinas and sailing clubs are close by, while the famous open-air seawater baths, dating from 1833, are also within walking distance. Lymington's Saturday market takes place along the High Street and has historic origins dating back to the 13th century.

For transport links, Lymington Town railway station provides a branch line service to Brockenhurst, where direct trains to London Waterloo take approximately 90 minutes. The M27 is accessible via Junction 1, providing connections towards Southampton, Winchester, the M3 and London. The surrounding New Forest National Park provides an exceptional setting for walking, cycling and outdoor pursuits.

Square Footage: 1,383 sq ft