Worst House on the Street Logo
New Road, West Parley - Image 1
New Road, West Parley - Image 2
New Road, West Parley - Image 3
New Road, West Parley - Image 4
New Road, West Parley - Image 5
New Road, West Parley - Image 6
New Road, West Parley - Image 7
New Road, West Parley - Image 8
New Road, West Parley - Image 9
New Road, West Parley - Image 10
New Road, West Parley - Image 11
New Road, West Parley - Image 12
New Road, West Parley - Image 13
New Road, West Parley - Image 14
New Road, West Parley - Image 15
New Road, West Parley - Image 16

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 charming village of West Parley, this spacious three/four-bedroom bungalow, known as Pixholme, presents a prime opportunity for those looking to invest in a property with the potential for modernisation or expansion (subject to planning permissions). Set on an impressively large private plot, the home features flexible living spaces including a well-sized kitchen and a bright lounge/diner that benefits from a bay window overlooking the garden. Additionally, there is a versatile room that can serve as either a dining area, study, or fourth bedroom. The interiors are characterized by unique stained glass windows that lend an element of character, yet they would benefit from updates and reconfiguration to meet contemporary standards. The expansive rear garden is particularly noteworthy, offering plenty of space for landscaping or further development—ideal for outdoor gatherings or even additional structures. Conveniently located near local amenities and reputable schools, this bungalow promises an appealing lifestyle while serving as an excellent blank canvas for buyers eager to implement their vision.

Investment Analysis

(BH22 area)

Above Market Value

This property is priced +26.8% above area average per sq ft

+26.8%
This Property
£493/sq ft
Area Average
£388/sq ft
Avg Rent (weekly)
£351
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£520,445
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
30
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BH22)

Area prices are stable by +1.0% over the last 12 months
3 year growth: -4.3%
5 year growth: +5.8%
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
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,267
Based on a loan of £450,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates