Summary - Flat, 3, Quay Street SO41 3AS
1 bed 1 bath Shop
Income-producing shop with vacant flat above in historic Lymington Quay Street.
Freehold Grade II listed mixed-use building on historic cobbled street
A rare freehold Grade II listed mixed-use property in the heart of Lymington’s cobbled Quay Street, offered with an income-producing ground floor shop and a vacant two-storey apartment above. The ground floor shop is currently let at £11,000 pa and presents immediate rental return; the first‑and‑second‑floor flat has separate gated access and could let for an estimated £895 pcm, adding further income potential once let.
The building’s period character and central position — adjoining the High Street and close to the Quay and river — deliver strong local demand for both retail and residential lets. The apartment is compact but well laid out: kitchen, sitting room, bedroom, bathroom and a small terrace. The shop extends to roughly 270 sq ft with a display window to the front.
Buyers should note material constraints: the Grade II listing will restrict alterations and can increase maintenance costs; the property lies in a high flood-risk area; and the location records higher local crime levels. The building’s solid brick walls likely lack cavity insulation and the listed status limits energy improvement options. These factors affect insurance, refurbishment scope and running costs.
This freehold suits an investor or owner-occupier seeking central character property with immediate rental income and short-term uplift by letting the vacant flat. Approach with a full survey, consider flood mitigation and specialist listed-building advice before committing.
Semi-detached house for sale in Quay Street, Lymington, Hampshire, SO41 — £395,000 • 1 bed • 1 bath • 567 ft²
2 bedroom terraced house for sale in Quay Hill, Lymington, Hampshire, SO41 — £495,000 • 2 bed • 2 bath • 1020 ft²
Shop for sale in High Street, Lymington, Hampshire, SO41 — £480,000 • 1 bed • 1 bath • 891 ft²
1 bedroom apartment for sale in High Street, Lymington, SO41 — £400,000 • 1 bed • 1 bath • 1588 ft²
Character property for sale in High Street, Lymington, SO41 — £375,000 • 1 bed • 1 bath • 1179 ft²
2 bedroom apartment for sale in Quay Hill, Lymington, Hampshire, SO41 — £395,000 • 2 bed • 1 bath • 603 ft²
