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Busketts Way, Ashurst, Southampton, SO40 - Image 1
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Busketts Way, Ashurst, Southampton, SO40 - Image 7

Busketts Way, Ashurst, Southampton, SO40

South East

£1,250,000

Listed on 19/10/2025

Property Details

Bedrooms
4
Type
Plot

Description

A distinctive investment opportunity has arisen to acquire a building plot together with a construction contract to develop an expansive family residence exceeding 2,500 square feet. Nestled on approximately 0.25 acres near the picturesque open forest of Ashurst, this plot currently features a detached bungalow and comes with approved planning permission for demolition and replacement with a new architect-designed home. The proposed design emphasizes modern aesthetics, high-quality finishes, and energy-efficient features throughout. The ground floor layout is thoughtfully designed, comprising a spacious open-plan living area that flows into a stylish kitchen/dining/snug space, alongside a formal sitting room enhanced by ample glazing that connects to the rear terrace and garden. Completing this floor are practical spaces including a utility room and study. On the first floor, four well-proportioned bedrooms await, including a principal suite equipped with a dressing area and ensuite bathroom featuring a Juliet balcony offering views over the landscaped gardens. A guest bedroom also benefits from an ensuite bathroom while two additional double bedrooms serve the family bathroom. This property offers substantial potential not only for families seeking customisation but also for investors looking at high-quality residential developments in sought-after areas. Additional specifications include provisions for air source heat pumps, underfloor heating on the ground floor, electric car charging stations, potential solar energy options, and comprehensive landscaping plans. The plot holds Freehold tenure and is classified under Council Tax Band E. It boasts excellent connectivity options including ultrafast broadband up to 1000Mbps.

Investment Analysis

(SO40 area)
Area Average
£382/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (SO40)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -0.2%
5 year growth: +12.1%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,722
Based on a loan of £937,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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