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Woolsbridge Road, St Leonards, Ringwood - Image 1
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Woolsbridge Road, St Leonards, Ringwood

South East

£385,000
Listed on 05/09/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
718 sqft

Description

Situated on Woolsbridge Road, this two-bedroom bungalow presents a unique opportunity for renovation and investment. The property features well-sized rooms alongside a substantial 100-foot west-facing garden, ideal for those looking to expand or enhance outdoor living spaces. Entering the home, you are greeted by an inviting hallway that leads to the principal living areas. Both bedrooms are positioned at the front, each offering generous dimensions and large windows that provide natural light and views of the landscaped grounds. At the rear, the living room opens via French doors onto a patio area and showcases delightful views of the garden. An existing fireplace opening offers potential for the addition of a wood burner, which could further elevate the space's ambiance. The kitchen breakfast room is functional and ready for updates, featuring base units, an integrated oven and induction hob, along with provisions for essential appliances like a washing machine and fridge freezer. A window above the sink frames garden views, while an adjoining side porch/utility area provides extra versatility. The modern shower room is equipped with a corner shower cubicle, WC, basin with vanity unit, wall-mounted LED mirror, and a rear aspect window that adds light. The property has recently undergone extensive refurbishment work including a new roof, boiler replacement, complete rewire, updated plumbing systems, and enhanced loft insulation—laying a solid foundation for future enhancements. Outside, maintenance is made easy with gravel landscaping in the front garden that accommodates parking for multiple vehicles. A side pedestrian gate leads to the impressively landscaped rear garden that is fully laid to lawn post-renovation. A newly established wildlife pond enhances biodiversity in this private outdoor space and serves as a tranquil feature. Additionally, there’s a detached timber garage offering valuable storage or workshop options. Located conveniently near local amenities such as a Marks & Spencer convenience store and St Ives Primary School, this bungalow also boasts excellent transportation links to major roadways like the A31. Ringwood town centre lies less than two miles away and features various shops and cafes including Waitrose and Sainsbury's. With nearby recreational facilities such as Avon Valley Country Park and Moors Valley making it appealing for outdoor activities, this property not only offers immediate comfort but also substantial potential for future value enhancement through thoughtful renovations. For more information regarding utilities, planning permissions, local amenities, and other pertinent details about this property’s investment potential, please refer to our additional buyers' information report available through our provided link.

Investment Analysis

(BH24 area)

Above Market Value

This property is priced +28.8% above area average per sq ft

+28.8%
This Property
£536/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£334
Avg Yield
3.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£328,873
10% above area average per sq ft
Potential ROI
-19.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Woolsbridge Road, St Leonards, Ringwood
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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
£1,410
Based on a loan of £288,750 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