Worst House on the Street Logo
Busketts Way, Ashurst, Southampton, Hampshire, SO40 - Image 1
Busketts Way, Ashurst, Southampton, Hampshire, SO40 - Image 2
Busketts Way, Ashurst, Southampton, Hampshire, SO40 - Image 3
Busketts Way, Ashurst, Southampton, Hampshire, SO40 - Image 4
Busketts Way, Ashurst, Southampton, Hampshire, SO40 - Image 5
Busketts Way, Ashurst, Southampton, Hampshire, SO40 - Image 6
Busketts Way, Ashurst, Southampton, Hampshire, SO40 - Image 7
Busketts Way, Ashurst, Southampton, Hampshire, SO40 - Image 8
Busketts Way, Ashurst, Southampton, Hampshire, SO40 - Image 9
Busketts Way, Ashurst, Southampton, Hampshire, SO40 - Image 10

Busketts Way, Ashurst, Southampton, Hampshire, SO40

South East

£550,000
Listed on 20/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This is a unique opportunity to acquire a detached bungalow nestled on approximately 0.26 acres in the desirable Woodlands area of the New Forest National Park. The existing property, which requires comprehensive renovation, has received planning permission for its demolition and for the construction of a new executive home boasting around 2500 square feet of living space. While the current bungalow is not suitable for mortgage financing, it presents a substantial investment potential in this picturesque location. The current layout includes an entrance porch, hall, lounge, dining room, kitchen, three bedrooms, and a bathroom alongside various external storage and garden spaces. With Ashurst train station and the stunning New Forest region just a short distance away, this property offers both immediate development prospects and long-term value appreciation. Additionally, the owner is open to negotiating the demolition and construction contract directly if desired.

Investment Analysis

(SO40 area)
Area Average
£376/sq ft
Avg Rent (weekly)
£301
Avg Yield
4.4%

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
51
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (SO40)

Area prices are rising by +3.3% over the last 12 months
3 year growth: +1.8%
5 year growth: +14.8%
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, Hampshire, SO40
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,984
Based on a loan of £412,500 over 30 years at 4.06% 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates