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Knole Gardens, East Cliff, Bournemouth, BH1 - Image 1
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Knole Gardens, East Cliff, Bournemouth, BH1 - Image 5

Knole Gardens, East Cliff, Bournemouth, BH1

South East

£480,000
Listed on 22/09/2024

Property Details

Bedrooms
2
Type
Detached house
Area
775 sqft

Description

This detached bungalow presents a unique opportunity for renovation and investment in a highly sought-after area, just a short distance from the picturesque East Cliff and its sandy beaches. Its prime location offers convenient access to Bournemouth Town Centre, as well as proximity to various places of worship catering to diverse denominations. The two-bedroom layout provides ample space with potential for expansion, subject to obtaining the necessary planning permissions. While the property has been well maintained, it would greatly benefit from modern updates, enabling a buyer to tailor the home to their personal taste. A recently added UPVC double-glazed conservatory enhances the living area and opens up to a secluded rear garden, ideal for outdoor relaxation or entertaining. The generous driveway accommodates multiple vehicles and leads to a detached garage equipped with an electric remote control roller door, complete with power and lighting—an excellent feature for those needing extra storage or workspace. The front garden is designed for easy upkeep, featuring an attractive pressed concrete paving. Boundary walls are complemented by wrought iron-style decorative railings and gates. The rear garden boasts mature shrubs and trees that create a secure retreat away from the bustle of urban life. With easy access to local amenities and stunning beaches, this property not only offers a comfortable living space but also significant potential for future enhancement, making it an attractive prospect for both homeowners and investors alike.

Investment Analysis

(BH1 area)

Above Market Value

This property is priced +103.4% above area average per sq ft

+103.4%
This Property
£619/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£254
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£259,629
10% above area average per sq ft
Potential ROI
-49.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BH1)

Area prices are falling by +3.7% over the last 12 months
3 year growth: 1.6%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on BH1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Knole Gardens, East Cliff, Bournemouth, BH1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,758
Based on a loan of £360,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE