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24 And 24A High Street, Fordingbridge, Hampshire, SP6 1AX - Image 1
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24 And 24A High Street, Fordingbridge, Hampshire, SP6 1AX

South West

£325,000
Listed on 01/08/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This offering presents a unique opportunity to acquire two distinctive commercial properties in the heart of Fordingbridge, both featuring significant renovation and investment potential. Located on the bustling High Street, these adjacent properties benefit from high visibility and foot traffic, further enhanced by their proximity to established businesses like the Co-op supermarket and Hayes Travel. The first property, a Grade II listed building at 24 High Street, features three stories with versatile ground and first-floor retail space complemented by ancillary areas on the second floor. Its historical character adds charm while also posing opportunities for thoughtful renovations that could enhance its appeal and functionality. Next door, 24A High Street is a more contemporary structure from the 1980s that has served dual purposes as office space and retail. This flexibility opens doors for various business types or even conversion into alternative uses with necessary approvals. Parking is available in front of this unit, adding convenience for both clients and employees. One of the standout features of this listing is the expansive enclosed garden courtyard at the rear of 24 High Street, spanning over 3,600 square feet. This outdoor space provides an excellent canvas for creative development—potential options could include a café with outdoor seating or even a children's nursery—subject to securing appropriate planning permissions. The area’s recent growth in residential developments indicates a rising population that may create additional demand for services and amenities. Both properties fall under Class E use, allowing for a range of business operations such as retail, professional services, cafés, health clinics, and indoor recreation. The evolving town dynamics make this an opportune moment to invest in Fordingbridge's commercial landscape. Interested parties are encouraged to conduct further inquiries regarding planning regulations and potential business rates relief. With its combination of prime location, characterful spaces, and considerable opportunity for enhancement or redeveloping ideas, these properties are well-positioned for those looking to invest in Fordingbridge's commercial future.

Investment Analysis

(SP6 area)
Area Average
£391/sq ft
Avg Rent (weekly)
£302
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £150,000
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

24 And 24A High Street, Fordingbridge, Hampshire, SP6 1AX
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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
£1,191
Based on a loan of £243,750 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