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New Road, West Parley, Ferndown, BH22 - Image 1
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New Road, West Parley, Ferndown, BH22 - Image 5

New Road, West Parley, Ferndown, BH22

South East

£650,000
Listed on 20/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
807 sqft

Description

This three-bedroom detached bungalow presents a compelling development opportunity, set within a generous 0.55-acre plot that offers both privacy and potential for expansion. With approved planning permission for an additional 1,800 sq ft family home in the garden, this property is ideal for investors or those looking to enhance their living space. The existing bungalow features three spacious double bedrooms, a dual aspect lounge/dining area, and a kitchen equipped with essential amenities including roll-top work surfaces and integrated appliances. The large rear garden not only provides ample outdoor space but also backs onto farmland, ensuring a serene environment. Furthermore, there is potential for further planning permissions on the bungalow itself, subject to necessary approvals. Located conveniently near West Parley’s amenities and just moments from Bournemouth Airport, this property caters to both residential needs and equestrian interests due to nearby stables. The off-road parking accommodates several vehicles adding to its practicality. Offering no forward chain enhances the prospect of quick acquisition for interested buyers.

Investment Analysis

(BH22 area)

Above Market Value

This property is priced +104.8% above area average per sq ft

+104.8%
This Property
£805/sq ft
Area Average
£393/sq ft
Avg Rent (weekly)
£358
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£349,044
10% above area average per sq ft
Potential ROI
-52.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (BH22)

Area prices are rising by +3.0% over the last 12 months
3 year growth: -3.5%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on BH22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

New Road, West Parley, Ferndown, BH22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE