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Braeside Road, St. Leonards, Ringwood, Dorset, BH24

South East

£950,000
Listed on 13/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2076 sqft

Description

This property presents a unique opportunity for renovation and investment, standing on a generous plot of around 0.38 acres with approved planning permission to subdivide the garden and construct an additional three-bedroom bungalow, approximately 1,000 sq ft in size (Planning Ref: P/FUL/2025/05283). Currently, it features an adaptable main residence comprising five bedrooms, including a self-contained one-bedroom annexe with private access, ideal for guests or rental purposes. The home showcases spacious living areas, highlighted by a double-height entrance hall and multiple reception rooms that can be tailored to suit various lifestyle needs. The kitchen is well-equipped but could benefit from modern updates, offering the potential for enhanced functionality and aesthetics. Upstairs boasts a galleried landing leading to three substantial double bedrooms, with the principal bedroom enjoying an en suite shower room. A well-sized family bathroom compliments the upper floor. Outside, the south-westerly-facing garden offers a tranquil space filled with mature trees and shrubs, further enhancing its appeal as an outdoor living area or potential development zone. With its proximity to local amenities in Ringwood and easy access to Bournemouth and Southampton via major road links, this property is perfectly positioned for those looking to invest in further development while enjoying ample existing accommodation.

Investment Analysis

(BH24 area)

Above Market Value

This property is priced +9.4% above area average per sq ft

+9.4%
This Property
£458/sq ft
Area Average
£418/sq ft
Avg Rent (weekly)
£280
Avg Yield
2.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£955,458
10% above area average per sq ft
Potential ROI
-6.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BH24)

Area prices are rising by +5.8% over the last 12 months
3 year growth: 0.0%
5 year growth: +7.3%
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

Braeside Road, St. Leonards, Ringwood, Dorset, BH24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,426
Based on a loan of £712,500 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.

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