Sold Office

10A

THE PARADE, NEW MILTON, HAMPSHIRE BH25 5BS

80 m² Listed 18 Sep 2019 (-2464d)

£54,500

Guide Price

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Property details

Tenure

FREEHOLD

Floor area

80 m²

Last sold

£161,000 Dec 2024

Local average

£359,822 (-84.9%)

Deprivation

Decile 3 (9,937 of 33,755)

Street crime

55 incidents within 1 mile (Apr 2026)

Description

Investment opportunity (6.9% gross return) available for sale. This recently built building is located to the rear of the parade. The building is approximately 300 sq ft (sq mt) in size and comprises of an L shaped main working area with windows to three sides, a kitchenette and power & light points, there is a door leading off from the main working area that leads through to a cloakroom with w.c. and hand basin. Situated in a popular commercial location and within walking distance of the main high street shops. D1 use. The property has been let on a 1 year lease (15.01.19 – 14.01.20). The rent paid is £3,750.00 p.a. and a security deposit has been paid. A copy of the lease is available for inspection. For viewings, 48 hours’ notice is required. The property is offered in good condition. For further details, please contact Andrew Hooper on . More development land and investments available on our web site:

Please note: Development or Investment site (s), bought through Churchfield the purchaser is required to retain us at the rate of 1.8% (minimum fee of £2,400) including Vat at the prevailing rate. For any Land, Development or Investments acquired, Churchfield must be instructed to re-sell the finished units at 1.8% including vat or re-let at 9.6% including vat (fully managed) the acquired property or the developed properties on a sole agency basis within three years of completion. If Churchfield are not instructed and the acquisition is sold or Let by the purchaser/s within this period, an additional fee of 1.8% including vat (minimum fee £2,400 including vat) of the original purchase price will be chargeable to the purchaser in addition to any other costs or charges agreed. Once the three year period after completion of the purchase has expired, the purchaser is free to offer the acquisition to any third party with Churchfield having no financial interest.

Churchfield Offer a FREE Selling Service to Vendors of Land and Investments

Listed by

Bournemouth

Churchfield Estate Agents

Reference: 65169165

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

Price history

34% since 2009

Event Date Price % change
Sold 19/12/2024 (1 year ago) £161,000 +34.2%
Sold 20/03/2009 (17 years ago) £120,000

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
11A YEW LANE, NEW MILTON, NEW FOREST, HAMPSHIRE, BH25 5BA £80,000 20/03/2023 Other
8A ANDREW LANE, NEW MILTON, NEW FOREST, HAMPSHIRE, BH25 5QD £261,000 26/09/2022 Other
ROWAN COTTAGE ASHLEY LANE, NEW MILTON, NEW FOREST, HAMPSHIRE, BH25 5AH £112,850 19/11/2021 Other

Area average: £151,283 (3 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 398.6%

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: Apr 2025 – Mar 2026

Location

Nearby

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

Type Name Distance
Shop New Milton Printers 0.0 miles
Bus stop Ashley Cross Roads 0.0 miles
Shop Nisa Local 0.1 miles
Bus stop Ashley Crossroads 0.1 miles
Train station New Milton 0.9 miles
Train station Sway 2.2 miles
Hospital Lymington New Forest Hospital 4.1 miles
Hospital Christchurch Hospital 6.7 miles
University Health Services University 8.6 miles

Street-level crime

Category Count
Violence and sexual offences 24
Public order 10
Anti-social behaviour 5
Criminal damage and arson 5
Burglary 3
Other theft 2
Shoplifting 2
Vehicle crime 2
Drugs 1
Possession of weapons 1
Total incidents 55

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
Ashley Infant School Primary 0.1 miles Good — 27 Apr 2015
Ashley Junior School Primary 0.2 miles Good — 8 Jan 2015
Ballard School Other 0.9 miles (No rating)
Hordle CofE (VA) Primary School Primary 1.1 miles Outstanding — 11 Apr 2016
New Milton Junior School Primary 1.2 miles Good — 10 Jun 2013

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Bungalow, Turners Farm Crescent, SO41 £1,800/mo 2 1.18 miles OpenRent

Average rent: £1,800/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 3.3%
Max investor price (0.8%) £225,000
Target investor price (1%) £180,000
Gross yield 39.6%
Cost-to-rent ratio 2.5×
Monthly cashflow £1,380/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 104.8%
  • 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).