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Provost Street, Fordingbridge

South West

£190,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
475 sqft

Description

This mid-terrace cottage offers a promising opportunity for renovation and investment in a sought-after location, just a short stroll from the town center. Built in 1955, the property is characterized by traditional cavity wall construction beneath a tiled roof, presenting a solid foundation for modernization. The interior is currently in need of updating, allowing you to apply your personal touch and vision. The layout includes a cozy sitting/dining room with stairs leading to the first floor, providing ample space to create an inviting living area. The kitchen is fitted with basic cabinetry and has potential for reconfiguration; it includes space for essential appliances such as a cooker and washing machine, along with direct access to the rear garden. Upstairs, you'll find two bedrooms that feature built-in storage solutions. The bathroom is equipped with standard amenities, including a panelled bath with a shower over, offering additional scope for enhancement. One of the notable outdoor features is the paved and gravel garden that adjoins Sweatford Water. This serene setting not only provides pleasant views but also ensures privacy while being accessible via a gated right of way shared among neighboring properties. Location-wise, this property benefits from proximity to everyday conveniences—independent shops, eateries, schools, and community facilities are all within easy reach. The charming town of Fordingbridge also serves as an excellent base for exploring the nearby open countryside and New Forest National Park. For those commuting or traveling further afield, major transport links are conveniently accessible; key cities like Salisbury are about 11 miles away with mainline rail connections to London Waterloo. While parking is not available directly at the property, residents can obtain a parking clock for long-stay options at an affordable annual rate. Overall, this cottage not only presents an opportunity to personalize and enhance its features but also holds significant investment potential given its desirable location and surrounding amenities.

Investment Analysis

(SP6 area)

Above Market Value

This property is priced +2.2% above area average per sq ft

+2.2%
This Property
£400/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£302
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£204,480
10% above area average per sq ft
Potential ROI
-11.1%
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

Provost Street, 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
£696
Based on a loan of £142,500 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