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Cranmer Road, Bournemouth BH9

South East

£100,000
Listed on 29/01/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This property presents an intriguing opportunity for developers and investors, with full planning permission currently in place for the construction of a two-bedroom, two-storey detached house. Spanning approximately 921 sq. ft. (85.60 sq. m.), the proposed design includes essential features such as a private garden, off-road parking, and designated storage solutions for bicycles and refuse bins. Located in the sought-after residential area of Winton, this plot benefits from a vibrant community atmosphere and convenient access to local amenities. The neighborhood is known for its appeal among families and young professionals, making it an attractive option for future tenants or homeowners. In addition to the new construction, plans include the provision of one dedicated parking space with separate vehicular access, enhancing the property's functionality and appeal. This development aligns well with current market demand for modern housing solutions in desirable areas. Investors should also consider the potential for future value appreciation given the highly desirable location. The area’s ongoing growth suggests that this project could yield significant returns on investment. Please note that a Community Infrastructure Levy payment of £8,424.18 will be applicable upon commencement of construction, which should be factored into your budgeting considerations. Overall, this property is positioned as a compelling prospect for those looking to contribute to Winton's evolving landscape while capitalizing on its investment potential.

Investment Analysis

(BH9 area)
Area Average
£361/sq ft
Avg Rent (weekly)
£573
Avg Yield
8.2%
Monthly Sales
23
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BH9)

Area prices are rising by +5.3% over the last 12 months
3 year growth: 1.0%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on BH9 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.

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Location

Cranmer Road, Bournemouth BH9
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