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Ashley Road, New Milton, Hampshire

South East

£140,000
Listed on 12/05/2026

Property Details

Bedrooms
2
Type
Apartment
Area
549 sqft

Description

This spacious two-bedroom ground floor apartment presents an excellent opportunity for cash buyers looking to invest in a property with significant renovation potential. The flat features two well-sized bedrooms, a generous lounge/dining area, and a separate traditional kitchen equipped with ample food storage cupboards. A convenient wet room adds to the functionality of the space, which is further enhanced by a welcoming entrance hall. Additionally, this apartment benefits from its own private garage and access to communal grounds, making it appealing for future improvements or enhancements. Positioned within close proximity to local amenities and easily accessible by bus links as well as New Milton's mainline train station, this property is ideally situated for both convenience and value growth. With 77 years remaining on the leasehold and manageable service charges, this investment holds great potential for those willing to refurbish and modernize the interiors.

Investment Analysis

(BH25 area)

Below Market Value

This property is priced -38.4% below area average per sq ft

-38.4%
Potential saving
This Property
£255/sq ft
Area Average
£414/sq ft
Avg Rent (weekly)
£278
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£249,954
10% above area average per sq ft
Potential ROI
+51.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (BH25)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -8.8%
5 year growth: +1.7%
Investment Disclaimer: Analysis based on BH25 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

Ashley Road, New Milton, Hampshire
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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
£499
Based on a loan of £105,000 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

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