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Verwood Road, Ashley, BH24

South East

£420,000
Listed on 08/11/2025

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This Grade II listed terrace cottage, dating back to 1725, presents a compelling opportunity for renovation enthusiasts and investors. Featuring four bedrooms, the property offers a versatile layout ideal for reconfiguration to suit modern living. The lounge and dining area feature charming elements such as a wood burner, exposed brickwork, and wooden beams, creating a unique character that could be further enhanced with thoughtful updates. The kitchen includes a range of cream base units with ample work surfaces and existing space for essential appliances. Adjacent to the kitchen is a utility room that provides additional functionality with plumbing for laundry facilities and direct access to the rear courtyard garden. The first floor features two generously sized bedrooms with exposed beams and one bathroom equipped with necessary amenities. A distinctive landing/study area connects these rooms, offering potential for a cozy home office or study nook. On the second floor, two more double bedrooms provide further accommodation options, making this space adaptable for family use or rental potential. Outside, the property boasts gated off-road parking as well as a detached outbuilding/annex that opens up various possibilities — whether as workspace, guest accommodation, or storage. The garden area is primarily grassy and belongs solely to this property; there’s also a shared driveway leading to parking space at the rear. Situated approximately one mile from Ringwood market town, this location enjoys convenient access to major routes like the A31/A338 for trips towards Bournemouth and Poole. For those looking further afield, Southampton and London are easily reachable via the A31/M27/M3 corridors. This property requires updating but is vacant and available without forward chain, presenting an investment opportunity in a desirable setting with significant renovation potential.

Investment Analysis

(BH24 area)
Area Average
£416/sq ft
Avg Rent (weekly)
£334
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BH24)

Area prices are rising by +6.8% over the last 12 months
3 year growth: 2.1%
5 year growth: 15.1%
Investment Disclaimer: Analysis based on BH24 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

Verwood Road, Ashley, BH24
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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
£1,539
Based on a loan of £315,000 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