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Hayes Lane, Colehill, Wimborne, BH21 - Image 1
Hayes Lane, Colehill, Wimborne, BH21 - Image 2
Hayes Lane, Colehill, Wimborne, BH21 - Image 3
Hayes Lane, Colehill, Wimborne, BH21 - Image 4
Hayes Lane, Colehill, Wimborne, BH21 - Image 5

Hayes Lane, Colehill, Wimborne, BH21

South East

£375,000
Listed on 27/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
807 sqft

Description

This three-bedroom detached bungalow offers a tranquil retreat with significant potential for renovation and expansion. Nestled in a quiet area, the property presents an excellent opportunity for those looking to invest in a space that can be tailored to their personal taste. The bungalow features a well-proportioned layout that lends itself to creative reconfiguration, whether you envision modernizing the interior or expanding the existing footprint. The generous plot includes a detached garage, providing additional storage or workshop possibilities, further enhancing the property's versatility. Location is a key asset here, with convenient access to local amenities and transport links that ease commuting and everyday living. The absence of any forward chain simplifies the buying process, allowing for a smoother transition into this promising investment. With its combination of potential for development and appealing surroundings, this bungalow is poised to become a valuable asset for the right buyer.

Investment Analysis

(BH21 area)

Above Market Value

This property is priced +11.5% above area average per sq ft

+11.5%
This Property
£465/sq ft
Area Average
£417/sq ft
Avg Rent (weekly)
£335
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£37,500 - £93,750
10-25% of property value
Target Value
£369,993
10% above area average per sq ft
Potential ROI
-21.1%
After renovation
Monthly Sales
34
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (BH21)

Area prices are rising by +4.9% over the last 12 months
3 year growth: -3.6%
5 year growth: 10.0%
Investment Disclaimer: Analysis based on BH21 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

Hayes Lane, Colehill, Wimborne, BH21
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