Worst House on the Street Logo
Lumby Drive, Ringwood, Hampshire, BH24 - Image 1
Lumby Drive, Ringwood, Hampshire, BH24 - Image 2
Lumby Drive, Ringwood, Hampshire, BH24 - Image 3
Lumby Drive, Ringwood, Hampshire, BH24 - Image 4

Lumby Drive, Ringwood, Hampshire, BH24

South East

£400,000
Listed on 20/04/2026

Property Details

Bedrooms
3
Type
Detached

Description

Presenting a unique opportunity to acquire a detached three-bedroom house, accompanied by a one-bedroom ground floor annexe, located on a generous 0.16-acre plot. This property is in need of comprehensive refurbishment, making it an ideal project for those looking to invest in renovation or development potential. The current structure, built in the 1930s, is set within a well-established residential area and comes with no onward chain. The layout includes a main reception hall leading to multiple living spaces such as a sitting room and dining room, alongside a separate kitchen and ground floor bathroom. Upstairs, there are three bedrooms that provide ample accommodation. The attached annexe features its own kitchen, bathroom, lounge, and bedroom, which could serve various uses post-renovation. Notably, the owners have applied for planning permission (reference 2510668) for the redevelopment of the existing structures into two semi-detached houses, representing further investment potential for future buyers. The outdoor space consists of overgrown gardens and off-road parking options, with the additional benefit of a detached garage. Surrounded by local amenities and excellent transport links to major towns like Bournemouth and Southampton as well as proximity to the New Forest, this property offers significant value in both renovation and redevelopment prospects.

Investment Analysis

(BH24 area)
Area Average
£416/sq ft
Avg Rent (weekly)
£299
Avg Yield
2.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£70,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BH24)

Area prices are falling by -3.3% over the last 12 months
3 year growth: -5.3%
5 year growth: +0.7%
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

Lumby Drive, Ringwood, Hampshire, BH24
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,417
Based on a loan of £300,000 over 30 years at 3.91% 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

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