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Blackwater Grove, Fordingbridge

South West

£450,000
Listed on 20/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1111 sqft

Description

This detached bungalow is nestled within a tranquil cul-de-sac on the outskirts of Alderholt, offering a peaceful retreat in a sought-after East Dorset village. The property presents an excellent opportunity for renovation and investment, providing the potential for updates or extensions that could enhance its appeal and value. Set in a residential area, this home enjoys proximity to essential amenities. Within the village, you'll find St James First School, a local pub, parish church, and a Co-op with postal services. For further educational options, middle and upper schooling can be accessed in Cranborne and Wimborne, both of which offer school transport. Nearby Fordingbridge expands your shopping choices with independent retailers, eateries, a public library, and various churches. Additionally, access to major towns like Salisbury—approximately 12 miles away—and transportation routes including the M27 at Cadnam provide convenient connectivity to larger centers. The bungalow itself features traditional architecture with rendered elevations beneath a tiled roof. It occupies a generous plot that offers substantial privacy from neighboring properties. While the interior is well-maintained, it allows room for cosmetic enhancements that could tailor the space to modern tastes or specific needs. Entering through a covered porch leads you into a welcoming hall that includes practical storage solutions such as a linen cupboard with plumbing for laundry appliances. The sitting room boasts a box bay window and French doors opening onto an enclosed front garden, creating ample natural light. A stone fireplace equipped with gas heating adds character to this comfortable living space. The kitchen is functional yet ripe for modernization; it comes fitted with base cabinets and wall units alongside essential spaces for appliances like dishwashers and fridges. A stable door provides direct access to the garden—a feature that could be capitalized upon with outdoor living upgrades. This bungalow comprises three bedrooms: two are serviced by radiators while the main bedroom benefits from its own en-suite bathroom featuring an electric shower. The additional bathroom includes essential amenities such as a panelled bath and washbasin. Outside, the property is approached by a private drive accommodating parking for multiple vehicles alongside a single garage. The enclosed rear garden predominantly consists of lawn areas complemented by established shrubbery—an ideal canvas for landscaping or gardening projects. Overall, this property not only boasts immediate functionality but also significant potential for transformation within an appealing location—making it an attractive option for those seeking to invest in their future home.

Investment Analysis

(SP6 area)

Above Market Value

This property is priced +3.5% above area average per sq ft

+3.5%
This Property
£405/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£302
Avg Yield
3.4%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£478,269
10% above area average per sq ft
Potential ROI
+1.8%
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

Blackwater Grove, Fordingbridge
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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
£1,648
Based on a loan of £337,500 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