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Willow Drive, Ringwood, Hampshire, BH24 - Image 1
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Willow Drive, Ringwood, Hampshire, BH24

South East

£85,000

Listed on 18/06/2026

Property Details

Bedrooms
N/A
Type
Studio

Description

This first floor studio flat presents a unique opportunity for those looking to invest in a property that requires personal touch and modernization. Located within a sought-after development just a mile from Ringwood's bustling centre, this flat comprises an open plan living area that incorporates both the bedroom and sitting space, a compact kitchen, an inner lobby, and a bathroom. While the property currently needs updating, it already boasts UPVC double glazing and modern heating systems. Residents benefit from allocated parking, as well as access to communal gardens—ideal for outdoor relaxation. With no onward chain, this flat offers potential investors or renovators a blank canvas to create a comfortable home or rental unit. The surrounding area features convenient amenities including shops, leisure facilities, and excellent transport links to larger cities like Bournemouth and Southampton. It also benefits from proximity to the scenic New Forest National Park, enhancing its appeal for both residents and renters alike.

Investment Analysis

(BH24 area)
Area Average
£421/sq ft
Avg Rent (weekly)
£361
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BH24)

Area prices are stable by -0.5% over the last 12 months
3 year growth: -4.9%
5 year growth: +1.3%
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

Willow Drive, Ringwood, Hampshire, BH24
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£321
Based on a loan of £63,750 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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