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Rockbourne, Fordingbridge, Hampshire, SP6 - Image 1
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Rockbourne, Fordingbridge, Hampshire, SP6

South West

£575,000
Listed on 03/10/2025

Property Details

Bedrooms
6
Type
Detached house
Area
1007 sqft

Description

This property offers a unique investment opportunity with the potential for renovation and development, featuring two semi-detached cottages nestled in the charming village of Rockbourne. Each cottage boasts classic late Victorian red brick architecture and is situated on generous garden plots, providing ample outdoor space for future enhancements. The first cottage, known as 1 Yonge Cottages, sits on approximately 0.36 acres with well-established gardens that gently slope towards the road. It features three bedrooms, a cozy sitting room, and a dining area. While it benefits from oil-fired central heating and new double-glazed windows, some interior decor remains dated, presenting a clear opportunity for modernization. Currently occupied under a protected tenancy established in 1974, this arrangement allows for consistent rental income while offering potential buyers the chance to revitalize the property over time. 2 Yonge Cottages is accessed via a shared driveway leading to dedicated parking at the rear. This cottage also encompasses three bedrooms and includes a mix of modern comforts alongside features that could benefit from updates. Recent improvements ensure it is in good decorative condition, making it more appealing for immediate occupancy or as a rental unit under an Assured Shorthold Tenancy. Notably, there’s valid planning consent for a two-story rear extension (Application No. 23/11240), allowing for expansion that could significantly increase living space or value. The surrounding area enhances the appeal of these cottages. Located in Rockbourne—a sought-after Downland village—the homes are enveloped by beautiful rolling countryside within a designated Conservation Area. Local amenities include an excellent primary school within walking distance, alongside community resources such as a village hall and pub. The nearby town of Fordingbridge offers additional services including shops, healthcare facilities, and educational options. Accessibility is another advantage; key regional centers like Salisbury, Bournemouth, and Southampton are easily reachable, each featuring mainline rail services to London Waterloo. For outdoor enthusiasts, numerous footpaths and bridleways are available nearby, alongside proximity to the New Forest's diverse landscapes just four miles to the east. Both cottages come with mains water and electricity connections along with private drainage systems. Oil-fired central heating is available in both properties; recent upgrades to loft insulation will improve energy efficiency further. In summary, these semi-detached cottages present not only comfortable living spaces but also significant potential for renovations or extensions relevant to contemporary living needs—making them an intriguing prospect for investors or those looking to create their ideal home in a picturesque setting.

Investment Analysis

(SP6 area)

Above Market Value

This property is priced +45.9% above area average per sq ft

+45.9%
This Property
£571/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£302
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£433,498
10% above area average per sq ft
Potential ROI
-34.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SP6)

Area prices are falling by +2.7% over the last 12 months
3 year growth: -4.4%
5 year growth: 21.7%
Investment Disclaimer: Analysis based on SP6 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

Rockbourne, Fordingbridge, Hampshire, SP6
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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
£2,106
Based on a loan of £431,250 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