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Poole Road, Upton BH16

South East

£140,000
Listed on 18/01/2025

Property Details

Bedrooms
1
Type
Detached house
Area
484 sqft

Description

Presenting a unique opportunity to acquire a detached one-bedroom bungalow, quietly located at the rear of Poole Road in Upton. Built in 2021, this freehold property offers a serene environment ideal for those pursuing their first home or looking for a promising investment with established rental income and significant potential for expansion. The property is accessed through a private pedestrian pathway alongside No. 54 Poole Road, providing a sense of privacy and tranquility. As it stands, the single-storey layout includes a bright living area, separate bedroom, and bathroom—an efficient configuration suited for individuals, couples, or as an attractive option for short-term rentals. What sets this property apart is the approved planning consent to convert it into a larger two-storey residence featuring three bedrooms and two bathrooms. This flexibility opens up numerous possibilities for buyers looking to create their ideal living space or enhance its value through renovation. Plans are available upon request, allowing prospective owners to visualize the transformation. Additional features include a generous rear garden complete with patio areas and a useful outbuilding that can serve multiple purposes. The location offers great investment potential; currently rented out with an approximate monthly rental income of £950, this bungalow can easily serve as either a long-term investment or short-term holiday let. Situated near Upton Country Park, residents will enjoy proximity to expansive green spaces and picturesque wooded trails—perfect for outdoor activities like walking and running. Essential amenities such as Co-op and Lidl supermarkets, along with local shops, are conveniently close by. This property invites you to explore its potential on Poole Road in Upton—whether you’re looking to settle down or seeking your next investment opportunity.

Investment Analysis

(BH16 area)

Below Market Value

This property is priced -22.1% below area average per sq ft

-22.1%
Potential saving
This Property
£289/sq ft
Area Average
£372/sq ft

Renovation Potential

Est. Renovation Cost
£14,000 - £35,000
10-25% of property value
Target Value
£197,787
10% above area average per sq ft
Potential ROI
+13.0%
After renovation
Monthly Sales
13
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (BH16)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -4.4%
5 year growth: 20.4%
Investment Disclaimer: Analysis based on BH16 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

Poole Road, Upton BH16
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