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Chapel Lane, Langley, SO45 - Image 1
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Chapel Lane, Langley, SO45

South East

£385,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
980 sqft

Description

This detached bungalow offers a promising renovation and investment opportunity nestled on the edge of the scenic New Forest. With three bedrooms, the property is a solid foundation for those looking to create a personalized living space. The absence of an onward chain simplifies the buying process, allowing for a smoother transition into your next project. The property features driveway parking that can accommodate up to two vehicles, with additional potential to expand this area by clearing some established shrubs and plants. This could enhance both functionality and curb appeal. Inside, the layout begins with an inviting hallway leading to various living spaces. The living room is brightened by windows at both the front and rear, featuring an open fireplace that adds character. Each bedroom offers unique aspects; two are generously sized doubles with built-in storage in one, while a third bedroom benefits from eaves storage. The dining room presents an inviting atmosphere, complete with a coal effect gas fire and direct access to the staircase leading to potential upper-level enhancements. The kitchen is equipped with basic amenities, including wall and base units, which provide ample scope for modernisation or expansion. A lean-to offers additional utility space, leading directly out to the rear garden—a true blank canvas ready for transformation. Mature hedging surrounds this outdoor area, which includes areas designated for vegetables and flowers as well as existing patio space, all of which can be reimagined. With its desirable location and renovation potential throughout—whether updating existing rooms or expanding outward—the bungalow stands as an excellent investment for those seeking a chance to design their dream home in a tranquil setting.

Investment Analysis

(SO45 area)

Above Market Value

This property is priced +5.8% above area average per sq ft

+5.8%
This Property
£393/sq ft
Area Average
£371/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£38,500 - £96,250
10-25% of property value
Target Value
£400,369
10% above area average per sq ft
Potential ROI
-16.8%
After renovation
Monthly Sales
19
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (SO45)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 0.7%
5 year growth: 16.6%
Investment Disclaimer: Analysis based on SO45 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Chapel Lane, Langley, SO45
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