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Windmill Lane, Ringwood, BH24 - Image 1
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Windmill Lane, Ringwood, BH24

South East

£1,250,000
Listed on 27/01/2025

Property Details

Bedrooms
5
Type
Detached

Description

This elevated site presents a unique investment opportunity with granted planning permission for an impressive 5,400 sq ft modern residence, designed to capitalize on the stunning views of the Avon Valley. The property is well-suited for a single luxurious home, but it also has potential for an additional plot, making it appealing for developers looking to create a multi-dwelling development. Buyers will benefit from the flexibility of acquiring the entire site, including both the approved design and the opportunity for further expansion. This is an exceptional chance to realize a bespoke living space in a picturesque setting while exploring additional development possibilities.

Investment Analysis

(BH24 area)
Area Average
£416/sq ft
Avg Rent (weekly)
£299
Avg Yield
2.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BH24)

Area prices are falling by -3.3% over the last 12 months
3 year growth: -5.3%
5 year growth: +0.7%
Investment Disclaimer: Analysis based on BH24 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

Windmill Lane, Ringwood, BH24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£4,427
Based on a loan of £937,500 over 30 years at 3.91% 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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