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Eagle House Gardens, Blandford Forum

South West

£85,000
Listed on 30/05/2025

Property Details

Bedrooms
N/A
Type
Flat
Area
322 sqft

Description

This ground floor studio apartment presents a promising opportunity for renovation, situated just moments from the town centre. The property is currently in need of modernization, making it an ideal project for those looking to enhance its value or create a comfortable first home. The layout includes a spacious living area that benefits from a large window, allowing ample natural light to brighten the space. This openness provides a blank canvas for potential buyers to design their ideal living environment. The functional kitchen features a window that overlooks the rear gardens, offering views and an additional source of light. The bathroom is equipped with essential fixtures including a low-level WC and a panelled bath, while an obscured window ensures privacy. Storage is also catered for with two cupboards in the living area, one of which houses the hot water tank. Outside, the property boasts a generously sized front garden and a small segment of private rear garden space complete with a shed, providing outdoor storage or potential landscaping opportunities. With 90 years remaining on the lease and low service charges alongside minimal ground rent, this property represents not only an entry point into the housing market but also an investment with potential for future appreciation through your personal touch and enhancements. The apartment’s location near local amenities further adds to its attractiveness as both a home and investment opportunity. This studio invites creative vision and could become a remarkable asset in an increasingly desirable area.

Investment Analysis

(DT11 area)

Below Market Value

This property is priced -25.7% below area average per sq ft

-25.7%
Potential saving
This Property
£264/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£292
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£8,500 - £21,250
10-25% of property value
Target Value
£125,759
10% above area average per sq ft
Potential ROI
+18.4%
After renovation
Monthly Sales
20
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DT11)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -4.3%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on DT11 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

Eagle House Gardens, Blandford Forum
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