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Salter Road, Sandbanks, Poole, Dorset, BH13 - Image 1
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Salter Road, Sandbanks, Poole, Dorset, BH13 - Image 4
Salter Road, Sandbanks, Poole, Dorset, BH13 - Image 5

Salter Road, Sandbanks, Poole, Dorset, BH13

South East

£1,500,000
Listed on 24/11/2023

Property Details

Bedrooms
4
Type
Detached house
Area
2337 sqft

Description

This detached chalet bungalow is nestled on a peaceful inner road within the sought-after Sandbanks Peninsula, presenting significant renovation and investment possibilities. The property occupies a generous level plot, making it an ideal candidate for refurbishment or extension, which could potentially reveal stunning views of the harbor (subject to the necessary planning permissions). As you approach the property, you’ll notice the spacious front garden and driveway, accommodating several vehicles with ease. An integral garage adds convenience and extra storage options. Upon entering through the front porch, you're greeted by a central hallway that leads to well-proportioned living spaces. On the ground floor, a double bedroom sits at the front of the home alongside an adjacent shower room—ideal for guests or as a master suite. The expansive living room at the rear provides ample space for relaxation and leisure, enhanced by a conservatory that seamlessly connects indoors with outdoor space. A separate kitchen comes fully fitted with essential appliances and storage solutions. Adjacent to this is a rear porch that functions effectively as a utility area, offering direct access to the back garden. The upper level boasts four sizable bedrooms along with two bathrooms and eaves storage. The potential for an additional storey (subject to planning) could maximize views toward the harbor and further elevate this property's appeal. The outdoor area features a mix of paving, lawn, and decking—providing a blank canvas for landscaping into an inviting space perfect for entertaining or enjoying quiet moments in privacy. With its westerly aspect, this garden invites afternoon sun and creates an excellent opportunity for outdoor evenings. Located in Sandbanks, known for having Europe's largest natural harbor, this property benefits from proximity to beautiful sandy beaches as well as excellent opportunities for water sports. The local amenities include renowned dining options such as Rick Stein's restaurant and other popular spots across the chain ferry to Purbeck. Additionally, residents enjoy access to various clubs including the Royal Motor Yacht Club and Sandbanks Yacht Club. As Sandbanks increasingly attracts investment interest due to its blend of premium properties—ranging from contemporary apartments to traditional homes—this bungalow represents a unique opportunity for those looking to create their dream seaside residence or capitalize on its rental potential in this desirable coastal community.

Investment Analysis

(BH13 area)

Above Market Value

This property is priced +27.9% above area average per sq ft

+27.9%
This Property
£642/sq ft
Area Average
£502/sq ft
Avg Rent (weekly)
£449
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£150,000 - £375,000
10-25% of property value
Target Value
£1,289,849
10% above area average per sq ft
Potential ROI
-31.2%
After renovation
Monthly Sales
10
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BH13)

Area prices are falling by +18.7% over the last 12 months
3 year growth: -19.8%
5 year growth: -6.3%
Investment Disclaimer: Analysis based on BH13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Salter Road, Sandbanks, Poole, Dorset, BH13
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