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Furze Hill, Fordingbridge, SP6 - Image 1
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Furze Hill, Fordingbridge, SP6

South West

£700,000
Listed on 01/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
839 sqft

Description

This detached bungalow offers a unique opportunity to invest in a property with substantial renovation and expansion potential. Nestled within approximately 2.14 acres of diverse grounds, it features a combination of open paddock space and wooded areas, all set against the backdrop of picturesque rural scenery. Inside, the layout includes a dining hall and a dual-aspect kitchen complete with a breakfast area, providing an inviting space for culinary endeavors. The spacious living/dining room, enhanced by French doors that open onto a patio area, is ideal for entertaining or relaxing while enjoying views of the surrounding landscape. Two generous double bedrooms share access to a family bathroom, accommodating various living arrangements. The exterior grounds present significant possibilities for enhancement or development (subject to planning permission). The property's extensive outdoor space comprises a 0.51-acre paddock and a 1.42-acre wooded area, bordered by mature trees that ensure privacy. Direct access to the open forest enhances the appeal for those who appreciate nature and outdoor activities. Conveniently located in the desirable hamlet of Furze Hill, this property represents an exceptional investment opportunity for someone looking to create their dream home or capitalize on its expansion potential while benefiting from its serene setting and community vibe. A driveway provides ample parking options for residents and guests alike.

Investment Analysis

(SP6 area)

Above Market Value

This property is priced +111.6% above area average per sq ft

+111.6%
This Property
£834/sq ft
Area Average
£394/sq ft
Avg Rent (weekly)
£289
Avg Yield
3.0%

Renovation Potential

Est. Renovation Cost
£70,000 - £175,000
10-25% of property value
Target Value
£363,946
10% above area average per sq ft
Potential ROI
-58.4%
After renovation
Monthly Sales
8
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SP6)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -1.8%
5 year growth: 31.5%
Investment Disclaimer: Analysis based on SP6 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Furze Hill, Fordingbridge, SP6
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