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Hangersley Hill, Hangersley, Ringwood, BH24

South East

£1,150,000
Listed on 08/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
4026 sqft

Description

This distinctive redevelopment opportunity spans approximately two acres in a highly desirable area of Hangersley Hill, nestled within the New Forest National Park. Known as Christmas Tree Farm, the property features a three-bedroom bungalow complemented by an adjoining one-bedroom cottage/annexe, along with various outbuildings and expansive grounds that provide both privacy and direct access to the natural surroundings. Additionally, there is council-recommended approval (pending full planning permission) for the construction of an innovative four-bedroom eco home equipped with garaging, office space, a swimming pool, and landscaped gardens. Extensive preparatory documentation is available, including ecology surveys and landscaping plans. The bungalow, dating back to the 1960s, includes a utility/entrance hall leading into a well-equipped kitchen with an integrated range-style cooker and ample appliance space. The L-shaped sitting/dining room features triple aspect views overlooking the gardens and connects to a conservatory currently utilized as an arts and crafts area. An internal hallway provides access to three bedrooms with built-in wardrobes; the principal suite includes a walk-in dressing room and en-suite bathroom, while additional facilities comprise a family shower room and separate cloakroom. The adjacent late nineteenth-century cottage has been recently refurbished and offers flexible accommodation ideal for multi-generational living or hosting guests. Spread over two levels, it features an entrance hall with quarry-tiled flooring, fitted kitchen, open-plan dining space, first-floor bedroom, and modern bathroom suite. Accessed via a cattle grid leading to an ample courtyard suitable for multiple parking options alongside a garage, the grounds boast sweeping lawns dotted with mature trees and an established orchard nurturing apples, pears, and plums. The land presents excellent potential for paddock use or smallholding endeavors.

Investment Analysis

(BH24 area)

Below Market Value

This property is priced -32.1% below area average per sq ft

-32.1%
Potential saving
This Property
£286/sq ft
Area Average
£421/sq ft
Avg Rent (weekly)
£295
Avg Yield
2.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£1,864,219
10% above area average per sq ft
Potential ROI
+46.8%
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

Hangersley Hill, Hangersley, Ringwood, 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
£4,103
Based on a loan of £862,500 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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