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Busketts Way, Ashurst, Southampton, Hampshire, SO40 - Image 1
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Busketts Way, Ashurst, Southampton, Hampshire, SO40

South East

£550,000

Listed on 01/06/2026

Property Details

Bedrooms
4
Type
Detached

Description

This property presents a unique investment opportunity situated on a generous .26-acre plot in the desirable Woodlands area, nestled within the New Forest National Park. Currently, it consists of a detached bungalow that requires comprehensive refurbishment. However, planning permission has been granted for the demolition of the existing structure and the construction of a new family home spanning approximately 2500 square feet. The current layout includes an entrance porch, hall, lounge, dining room, kitchen, three bedrooms, and a bathroom. Additionally, there are various external structures such as sheds and a car port. This location offers excellent access to Ashurst train station and the scenic surroundings of the New Forest. The property is not mortgageable in its current state but can either be acquired as is or with an agreement for the current owner to manage the demolition and build process themselves. A rare chance to create a dream home in an exceptional setting.

Investment Analysis

(SO40 area)
Area Average
£382/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (SO40)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -0.2%
5 year growth: +12.1%
Investment Disclaimer: Analysis based on SO40 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

Busketts Way, Ashurst, Southampton, Hampshire, SO40
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,078
Based on a loan of £412,500 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.

Stamp Duty Calculator

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