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St Leonards Way, Ashley Heath, BH24 2HS

South East

£400,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1249 sqft

Description

An exceptional opportunity awaits with this three-bedroom detached bungalow, nestled within a spacious, partly wooded plot in a desirable area. This property presents itself as a significant renovation or redevelopment project, catering to those looking to invest in a major undertaking. Surrounded by higher-value homes, the potential for added value is substantial. Currently in poor condition with severe structural issues, this bungalow requires comprehensive refurbishment or complete rebuilding (subject to planning permission). The large garden space offers privacy and seclusion, making it ideal for a self-build project or long-term investment. Given its deteriorated state, this property encourages buyers who are eager to transform it into a modern residence that aligns with the surrounding upscale neighborhood. Viewings are strictly by appointment only due to safety concerns arising from the property's present condition.

Investment Analysis

(BH24 area)

Below Market Value

This property is priced -23.9% below area average per sq ft

-23.9%
Potential saving
This Property
£320/sq ft
Area Average
£421/sq ft
Avg Rent (weekly)
£295
Avg Yield
2.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £150,000
Target Value
£578,343
10% above area average per sq ft
Potential ROI
+5.2%
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

St Leonards Way, Ashley Heath, BH24 2HS
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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
£1,427
Based on a loan of £300,000 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.

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