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Busketts Way, Ashurst, Southampton, SO40 - Image 9

Busketts Way, Ashurst, Southampton, SO40

South East

£550,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This detached three-bedroom bungalow is situated on a spacious plot of approximately 0.25 acres, located just a short distance from the expansive open forest adjacent to Woodlands Road near Ashurst. While the property currently requires comprehensive modernization, it presents significant renovation and investment opportunities for those looking to create their ideal home or capitalize on the potential for redevelopment. The existing layout includes a living room, a separate dining room, a kitchen, three bedrooms, and a family bathroom. An attached garage and workshop area provide additional utility, along with a covered carport and ample driveway space for parking. The garden features mature shrubs and trees that not only enhance privacy but also offer potential landscaping opportunities. What makes this property particularly compelling is the submitted planning application proposing the demolition of the existing building to make way for an architect-designed home exceeding 2,500 square feet. The proposed design emphasizes modern living with an open-concept layout that includes spacious reception areas, a generous kitchen/dining/snug space flowing into a formal sitting room, all benefiting from large windows that promote natural light and views of the outdoor space. A dedicated utility room and study complete the primary level, while the upper floor accommodates four sizable bedrooms. The plans highlight an impressive principal suite with an ensuite bathroom and Juliet balcony overlooking the gardens, alongside another ensuite guest bedroom and two additional double bedrooms serviced by a family bathroom. Given that planning permission is anticipated by late Autumn 2025, this property offers an excellent timeframe for investors or homeowners seeking to flip or build their dream residence. The location also boasts low flood risk and access to ultrafast broadband services with speeds up to 1,000 Mbps—ideal for modern living needs. With no onward chain involved in the sale, this property represents a blank canvas ready for transformation in a desirable setting while being subject to Tree Preservation Orders (TPO).

Investment Analysis

(SO40 area)
Area Average
£377/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (SO40)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -1.6%
5 year growth: 13.6%
Investment Disclaimer: Analysis based on SO40 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

Busketts Way, Ashurst, Southampton, SO40
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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
£2,015
Based on a loan of £412,500 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