2-bedroom property · BH25 5TA
For saleReduced £30k (−11.5%) on 24 AugListed 129 days
Opportunity summary
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About
Splendid brand new 40' x 20' residential park home with delightful rural outlook Accommodation: The entrance hall leads into a superb bright living space with defined lounge and dining areas and then a well appointed kitchen with integrated fridge/freezer, oven, hood, dishwasher & washing machine.
There is then an inner hall which accesses the two double bedrooms, each with fitted wardrobes and bedroom one has an en suite shower room. There is a main bathroom, so two WCs in total.
Outside: This has a lovely rural outlook to the front where indeed there are often deer to be seen (pic 2).
There is a drive for off-road parking a metal shed and 'low maintenance', currently gravelled gardens extending around. Lovely woodland walk adjoining the development.
Semi-Rural Location: There is a pleasant little community on this site which enjoys a lovely location on the fringes of New Milton and the New Forest National Park.
Sammy Miller Tea Room is opposite and Beechwood Stores with post office is within walking distance, just off Stem Lane.
The site has its own bus stop and we are told the bus runs weekdays into New Milton/the large Tesco and back.
Tenure: These residential park homes are neither freehold or leasehold and hence it is difficult to define the tenure of these properties in the traditional sense as you own the property outright but not the land it sits on.
Hence the pitch fee/ground rent payment is for the right to be situated in this position for perpetuity (subject to conditions), ie no defined time, so its better than a lease that counts down year by year.
Council Tax Band: A, Ground rent: £250 pcm approx tbc Please read site rules if interested.
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 62 Glendene Park,,, Bashley Cross Road, New Milton
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