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Ringwood Road, Burley, Ringwood, BH24 - Image 1
Ringwood Road, Burley, Ringwood, BH24 - Image 2
Ringwood Road, Burley, Ringwood, BH24 - Image 3
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Ringwood Road, Burley, Ringwood, BH24

South East

£900,000
Listed on 04/04/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a unique investment opportunity in the picturesque village of Burley, known for its stunning natural surroundings and historical charm. Comprising three distinct structures — a thatched cottage, a former retail space, and an old fire station — this offering allows for versatile development potential in a sought-after location. The centerpiece is a charming 17th-century thatched cottage, set back from the road and surrounded by mature gardens. Recently refurbished to enhance its character, this quaint home features an inviting sitting room with a large Inglenook fireplace and adjacent dining or study area, both framed by views of the front garden. The galley kitchen opens to the rear garden, while the ground floor also accommodates a family bathroom. Upstairs, two spacious bedrooms overlook the village, complemented by a smaller third bedroom suitable for use as storage or an office. Adjacent to the cottage is an imposing timber-framed structure with glass frontage, previously used as a car showroom and gift shop. This space requires renovation but has significant potential for commercial use given its prominent positioning in Burley village. Measuring 29’ x 19’, it offers possibilities for retail operations or even vehicle storage (subject to planning consent). Lastly, the property includes an intriguing combination of retail premises and a detached former fire station. The double-fronted shop space has historically operated as a gift shop and provides ample storage facilities at the rear. Additionally, there's substantial potential for converting part of this space into additional retail units or further functional areas (subject to appropriate permissions). The former fire station is accessible via a wide driveway that allows off-road parking and can serve various purposes depending on future plans. Located in the heart of Burley, residents enjoy not just local amenities — including shops, pubs, and recreational facilities — but also easy access to beautiful forest landscapes where ponies and cattle roam freely. With nearby primary schools and excellent transport links to larger towns such as Ringwood and Lymington, this property holds significant promise for those looking to invest in residential and commercial opportunities in one of the New Forest's most cherished villages.

Investment Analysis

(BH24 area)
Area Average
£416/sq ft
Avg Rent (weekly)
£334
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BH24)

Area prices are rising by +6.8% over the last 12 months
3 year growth: 2.1%
5 year growth: 15.1%
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

Ringwood Road, Burley, Ringwood, BH24
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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
£3,297
Based on a loan of £675,000 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