Sold STC Retirement Property

Flat 37

HOMEFORDE HOUSE, GRIGG LANE, BROCKENHURST, HAMPSHIRE SO42 7QX

1 beds 1 baths 409 sq ft Listed 10 May 2024 (-764d)

£95,000

Reduced on 17 Jul 2024

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Property details

Tenure

LEASEHOLD

Floor area

38 m²

Council tax band

B

Year built

England and Wales: 1976-1982

Last sold

£92,500 Dec 2024

Price per m²

£2,500/m²

Local average

£915,000 (-89.6%)

Deprivation

Decile 9 (27,494 of 33,755)

Street crime

9 incidents within 1 mile (Apr 2026)

Key features

  • Newly refurbished
  • One bedroom first floor retirement apartment
  • Situated a few metres from the village amenities
  • Communal grounds

Additional details

Parking
Yes
Garden
Yes

Description

COMPLETELY REFURBISHED. 200 METRES FROM TESCO'S AND THE HIGH STREET.
A light and newly refurbished one bedroom first floor retirement apartment enjoying pleasant views over the communal gardens. The property is situated just a few metres from the village amenities which include a doctors surgery, a dentist, the mainline railway station and a wide range shops in this popular New Forest village.
Homeforde House is specifically designed for those aged 55 and over with a House Manager and Careline Emergency facility in all flats. Communal facilities include a lounge, laundry room and well tended attractive gardens. Allocated parking available.
The property is conveniently located in the heart of Brockenhurst village, which is within a level walk of a good local community of shops, cafes and restaurants. Also close by is a mainline railway station with direct links to London Waterloo. The picturesque village of Beaulieu lies 7 miles to the East with the marina of Bucklers Hard on the Beaulieu River. Approximately 4 miles to the south is the Georgian market town of Lymington with its extensive yachting facilities, Saturday market and ferry service to Yarmouth, Isle of Wight.

Council Tax Band B

The property is located very close to the main lift and is approached from the communal hall with a private entrance door leading into the reception hall which has a useful walk-in storage cupboard with slatted shelving, entry phone, care line and further doors leading to the sitting room and bathroom. The sitting room enjoys a large picture window overlooking the communal gardens and an archway leading through to the kitchen which is fitted with attractive eye and base level storage units with roll edged work surface over and a stainless steel sink and drainer. The double aspect bedroom is a good size and has built-in wardrobes that have a range of hanging and shelving space. The bathroom is fitted with a white suite comprising low level WC, pedestal wash hand basin and an easy access panel enclosed bath with 'Mira' electric shower over.

The well maintained, pleasant communal gardens are laid mainly to lawn interspersed with a variety of trees, shrubs and flowers. There are a number of resident and vistitor car parking spaces available on site.

Listed by

Brockenhurst

Spencers of the New Forest

Reference: 147852251

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
30 HOMEFORDE HOUSE, GRIGG LANE, BROCKENHURST 69 76 40 m² England and Wales: 1976-1982 Flat
6 HOMEFORDE HOUSE, GRIGG LANE, BROCKENHURST, BROCKENHURST 65 79 43 m² England and Wales: 1983-1990 Flat
8 HOMEFORDE HOUSE, GRIGG LANE, BROCKENHURST 80 82 40 m² England and Wales: 1976-1982 Flat
Flat 1 Homeforde House, Grigg Lane, BROCKENHURST 75 82 42 m² England and Wales: 1976-1982 Flat
Flat 10, Homeforde House, Grigg Lane, BROCKENHURST 75 80 39 m² England and Wales: 1976-1982 Flat
Flat 11, Homeforde House, Grigg Lane, BROCKENHURST 69 78 41 m² England and Wales: 1983-1990 Flat
Flat 12, Homeforde House, Grigg Lane, BROCKENHURST 73 79 45 m² England and Wales: 1976-1982 Flat
Flat 13 Homeforde House, Grigg Lane, BROCKENHURST 72 96 41 m² England and Wales: 1983-1990 Terraced
Flat 14, Homeforde House, Grigg Lane, BROCKENHURST 70 77 38 m² England and Wales: 1983-1990 Flat
Flat 16 Homeforde House, Grigg Lane, BROCKENHURST 77 80 39 m² England and Wales: 1976-1982 Flat
Flat 17 Homeforde House, Grigg Lane, BROCKENHURST 74 81 38 m² England and Wales: 1983-1990 Flat
Flat 18, Homeforde House, Grigg Lane, BROCKENHURST 79 83 44 m² England and Wales: 1976-1982 Flat
Flat 19 Homeforde House, Grigg Lane, BROCKENHURST 81 81 44 m² England and Wales: 1976-1982 Flat
Flat 2, Homeforde House, BROCKENHURST 76 78 38 m² England and Wales: 1976-1982 Flat
Flat 20, Homeforde House, Grigg Lane, BROCKENHURST 69 75 40 m² England and Wales: 1976-1982 Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Floorplan 2

Floorplan 2

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Sold 13/12/2024 (1 year ago) £92,500

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
16 BROOKLEY ROAD, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7RR £672,000 06/04/2023 Other

Area average: £672,000 (1 sale)

Capital growth trend

House Price Index (HM Land Registry — official index, not sold-price averages): New Forest. Series: All dwelling types. As of March 2026.

1y (index) -1.6%
5y (index) 5.1%
10y (index) 21.2%

Rental Range

Estimated market rent for New Forest. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,113/mo
Realistic £1,237/mo
Optimistic £1,361/mo

Based on Local Authority from postcode lookup → New Forest.

LHA (30th percentile) floor for Southampton: £698/mo (Apr 2025 – Mar 2026)

Location

Address

Grigg Lane

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Balmer Lawn Honda 0.1 miles
Shop Pot Pourri Gift Shop 0.1 miles
Bus stop Gates Garage 0.1 miles
Train station Brockenhurst 0.2 miles
Train station Sway 2.9 miles
Hospital Lymington New Forest Hospital 3.7 miles
Hospital New Forest Birthing Centre 5.4 miles
University Waterfront Campus 9.3 miles
University Warsash Maritime Acadmeny 9.8 miles

Street-level crime

Category Count
Violence and sexual offences 3
Public order 2
Anti-social behaviour 1
Criminal damage and arson 1
Other theft 1
Vehicle crime 1
Total incidents 9

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Brockenhurst College Other 0.3 miles (No rating)
Brockenhurst Church of England Primary School & Pre-School Primary 0.3 miles Good — 5 Feb 2014
Coxlease School Other 2.7 miles Good — 14 Mar 2022
St Luke's Church of England Primary School Primary 2.7 miles Outstanding — 14 Mar 2023
Hill House School Other 2.8 miles Outstanding — 7 May 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Eastbank Road, SO42 £975/mo 1 0.28 miles OpenRent

Average rent: £975/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.03%
Max investor price (0.8%) £121,875
Target investor price (1%) £97,500
Gross yield 12.3%
Cost-to-rent ratio 8.1×
Monthly cashflow £478/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 20.8%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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