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Wren Crescent, COY POND, BH12 - Image 1
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Wren Crescent, COY POND, BH12

South East

£450,000
Listed on 07/02/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1001 sqft

Description

This detached chalet bungalow presents a distinctive opportunity for renovation in the desirable Coy Pond area, renowned for its picturesque duck pond and scenic walking paths. The property offers a spacious layout that includes a sizable lounge, kitchen, and a ground floor bedroom along with a bathroom. Upstairs are two additional bedrooms and a separate WC, providing ample room for reconfiguration or modern enhancements. The charm of this home is further complemented by a generous rear garden, ideal for outdoor activities or potential landscaping projects. The inclusion of a garage and driveway parking adds to its practicality, making it an attractive option for those looking to invest in creating their ideal living space. Situated in the sought-after Coy Pond neighborhood, residents can enjoy leisurely strolls through the serene surroundings and access pathways that lead directly to Bournemouth town center and its award-winning beaches. A little further exploration reveals the vibrant heart of Westbourne, with an array of cafes, restaurants, boutique shops, and established retailers like Marks & Spencer. Transportation options are readily available with bus services serving the surrounding areas and train stations at both Branksome and Bournemouth within easy reach. This property is not only an inviting residence but also represents excellent potential for investment through modernization and personal touches, making it an appealing choice for buyers interested in shaping their own home while capitalizing on its prime location.

Investment Analysis

(BH12 area)

Above Market Value

This property is priced +26.7% above area average per sq ft

+26.7%
This Property
£450/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£336
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£390,670
10% above area average per sq ft
Potential ROI
-20.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (BH12)

Area prices are rising by +7.1% over the last 12 months
3 year growth: 1.9%
5 year growth: 22.8%
Investment Disclaimer: Analysis based on BH12 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

Wren Crescent, COY POND, BH12
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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
£1,648
Based on a loan of £337,500 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