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Furlong Mews, Ringwood, Hampshire, BH24

South East

£200,000
Listed on 26/02/2026

Property Details

Bedrooms
2
Type
Flat
Area
740 sqft

Description

This first-floor two-bedroom flat in Ringwood presents a unique investment opportunity for those keen on renovation. With a sought-after share in the freehold and no onward chain, it serves as an attractive option for first-time buyers, investors, or individuals looking to downsize. The flat features two spacious double bedrooms, a separate kitchen, and a bright living room that invites potential for personal touches. A family bathroom is also included, along with the added convenience of an undercover car port and allocated parking. While the property currently requires some cosmetic updates, it stands ready for enhancement to reflect contemporary tastes. Its prime location offers easy access to local amenities, including shops and cafes, making it an excellent canvas for creating a tailored living space in this desirable Hampshire market town.

Investment Analysis

(BH24 area)

Below Market Value

This property is priced -35.8% below area average per sq ft

-35.8%
Potential saving
This Property
£270/sq ft
Area Average
£421/sq ft
Avg Rent (weekly)
£295
Avg Yield
2.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £18,000
Target Value
£342,653
10% above area average per sq ft
Potential ROI
+57.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BH24)

Area prices are falling by -2.6% over the last 12 months
3 year growth: -5.3%
5 year growth: +1.2%
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

Furlong Mews, Ringwood, Hampshire, BH24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£714
Based on a loan of £150,000 over 30 years at 3.97% 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

Price History

-4.8% since listed
£200,000£10,000(-4.8%)
01/04/2026
Current price
£210,000Initial listing
26/02/2026

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