3-bedroom bungalow · BH24 2HS
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing strictly by appointment (Surveillance on site) A Rare Opportunity – Three-Bedroom Bungalow on Large Plot Requiring Full Renovation / Rebuild (Subject to Planning) Set within a generous, partly wooded plot and surrounded by significantly higher‐value homes, this three‐bedroom detached bungalow presents an exceptional opportunity for those seeking a major renovation project, complete rebuild, or potential development plot (subject to planning permission).
The property is currently in a very poor state of repair, with extensive structural deterioration, and is therefore suited to buyers looking for a substantial project with considerable scope to add value.
The setting, privacy, and size of the plot make this an ideal prospect for a self‐build, redevelopment, or long‐term investment.
This semi‐derelict three‐bedroom bungalow sits on a large, mature plot with woodland areas and benefits from a long private driveway offering excellent seclusion.
It is surrounded by more expensive homes, providing strong future value potential.
The property offers an ideal opportunity for a rebuild, structural improvement, or redevelopment (subject to planning), with huge scope to add value.
It represents a rare chance to secure a plot in a highly desirable location, with significant structural deterioration that will require full renovation.
The site may also offer potential as a building plot (subject to planning), and its privacy and setting make it an appealing long‐term investment.
Due to the extensive damage and hazardous condition of the property, viewings are strictly by appointment only.
We politely request that no one enters the property boundary unless accompanied by a member of Hearnes staff.
For safety reasons, children should not attend viewings, and hard hats are available on site. Please contact the office to arrange your appointment. Sold as seen.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 11 St. Leonards Way, Ashley Heath, Ringwood
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