Ringwood Road, Southampton, SO40
South East
£35,000
Listed on 05/09/2026
Listed on 05/09/2026
The listing
Property details
Bedrooms
N/AType
PlotDescription
A freehold parcel of grassland extending to approximately 0.49 acres, offered with vacant possession. Access is via a right of way to an open area divided into separate plots. The listing describes the land as grassland with limited potential beyond its current use; any alternative use or development would require the relevant consents, and purchasers should make their own enquiries. Planning permission is stated to have been granted under reference 24/00156/FULL for agricultural livestock fencing, including a 1.2m perimeter stock fence and field gates. The sale is unconditional. Access for viewings is strictly through Spencers, and the illustrative plot plan should not be relied upon for exact boundaries or measurements. An independent survey is advised.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
50out of 100
Grade DWeak opportunity
Confidence: LOW
This is a different kind of value-add project: a freehold parcel of roughly 0.49 acres of open grassland, offered with vacant possession. Permission is stated to have been granted for agricultural livestock fencing and field gates, giving a buyer a practical starting point for securing the land. The listing also describes limited potential beyond grassland, so any alternative use would need to be checked with the relevant authorities.
At £35,000, value against local £/sqf cannot be judged because the floor area is not provided. The plot plan is illustrative rather than a reliable boundary survey, and buyers should verify the boundaries, access and permission details before proceeding.
Key opportunities
- Open grassland across a parcel approaching 0.49 acres.
- Vacant possession of the freehold.
- Stated permission for a 1.2m perimeter stock fence and field gates provides a defined agricultural improvement project.
Key risks
- The listing describes limited potential beyond grassland; alternative uses depend on obtaining any required consents.
- The plot plan is illustrative, not a reliable boundary survey; verify the boundaries and access arrangements.
- Check the fencing permission, its conditions and implementation requirements.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£132
Based on a loan of £26,250 over 30 years at 4.45% 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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