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New Road, West Parley

South East

£600,000

Listed on 21/05/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1218 sqft

Description

Nestled in the desirable village of West Parley, this spacious three/four-bedroom bungalow represents a unique opportunity for those looking to invest in a property with immense renovation potential. Set on an unusually large and private plot, the bungalow invites buyers to explore both modernisation and expansion possibilities (subject to planning permission). The generous layout offers adaptable living spaces, including a well-sized kitchen and a bright lounge/diner featuring a bay window that provides lovely views over the expansive garden. The property also boasts a separate room that can serve as a dining area, study, or fourth bedroom; perfect for flexible use according to your lifestyle needs. Decorative stained glass windows in every room add character while lending a sense of charm and individuality. Although the interiors would benefit from updating, the solid foundation allows for creative reconfiguration, enabling buyers to align their vision with the existing space effectively. The sizable garden is particularly noteworthy—it’s rare to find such extensive outdoor space locally, which opens up numerous possibilities for landscaping, entertaining areas, or even further development. Situated in a quiet yet accessible location, this property is conveniently close to local amenities and reputable schools, making it suitable for families as well as those seeking tranquility with easy access to essential services.

Investment Analysis

(BH22 area)

Above Market Value

This property is priced +26.7% above area average per sq ft

+26.7%
This Property
£493/sq ft
Area Average
£389/sq ft
Avg Rent (weekly)
£297
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£520,914
10% above area average per sq ft
Potential ROI
-21.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BH22)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -5.2%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on BH22 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

New Road, West Parley
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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
£2,141
Based on a loan of £450,000 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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