2-bedroom terraced house · SP6 1RG
For saleListed 683 days
Opportunity summary
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About
A well appointed two bedroom retirement house peacefully located within a secure, award winning English Courtyard development situated a level walk from the town centre.
Timbermill Court is a select English Courtyard development comprising a mixture of 18 apartments, cottages and houses designed exclusively for the over 55's, securely and privately set within attractive landscaped communal gardens and within walking distance of the town centre.
No. 2 is a mid-terrace cottage-style house conveniently positioned towards the front of the development overlooking the upper communal gardens.
The accommodation is light and well proportioned throughout and has recently been re-decorated, although there remains scope for further improvement according to personal taste.
Timbermill Court benefits from an on-site Resident Manager, a guest suite for visitors, communal gardens and a laundry, and the community is further buoyed by resident transport that allows for day trips and events.
Fordingbridge is a former market town situated at an historic crossing point of the River Avon, close to the border of the scenic New Forest National Park.
The town has an array of facilities, including local shops and supermarkets, a building society, a library, an independent cinema, an excellent health centre including Doctors' and Dentists' surgeries, public houses and a parish church.
Fordingbridge is well placed for access to the regional centres of the area with direct access to Salisbury, Ringwood and Bournemouth via the A338, and the B3078 crossing the forest to link with Junction 1 of the M27 at Cadnam for Southampton and beyond.
There are mainline rail services at Salisbury, Bournemouth and Southampton and airports at the latter two.
To the rear of the house there is a private courtyard enclosed by fencing and brick walling which has been landscaped for ease of maintenance with paving surrounded in part by well stocked stocked flower/shrub beds.
Garage: Remote up and over door. Light and power connected. New Forest District Council. Tax Band E. Mains water, drainage and electricity.
Tenure & service charges Leasehold with 126 years remaining on a 150 year lease granted from 2000.
A maintenance charge of £2,085.00 per quarter is levied which covers building insurance, the support of on-site Estate Managers, an integrated alarm system for medical and fire emergencies, external property maintenance, water charges, ground rent and communal garden maintenance.
At the far end of Fordingbridge High Street turn left into Provost Street.
Follow Provost Street round into Church Street and the entrance to Timbermill Court will be found on the left hand side, just before St. Mary's Church.
There is allocated visitor parking on the left hand side as you enter. Entrance Hall Stairs to first floor. Low level under stairs cupboard. Shower Room Walk in shower enclosure with mobility seat.
Wash hand basin. WC. Sitting Room Front aspect. Feature fire place with electric fire. Dining Room Rear aspect with door to patio garden.
Kitchen Base and eye level units comprising cupboard and drawers. Wooden trim work surface surrounding single bowl stainless steel sink.
Integrated appliances including 4 ring electric hob, Bosch oven, fridge/freezer. Space and plumbing for dishwasher. External door to rear porch area and garden. Landing Roof access.
Bedroom 1 Rear aspect. Built in double wardrobe. Bedroom 2 Front aspect. Built in wardrobe. Bathroom Panelled bath with shower attachment. Wash hand basin inset to vanity unit with cupboards under.
WC. Bidet.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 2, Timbermill Court, Fordingbridge
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