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Lonnen Road, Wimborne, BH21 - Image 1
Lonnen Road, Wimborne, BH21 - Image 2
Lonnen Road, Wimborne, BH21 - Image 3
Lonnen Road, Wimborne, BH21 - Image 4
Lonnen Road, Wimborne, BH21 - Image 5

Lonnen Road, Wimborne, BH21

South East

£485,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1087 sqft

Description

This detached bungalow features three bedrooms and presents a significant opportunity for renovation and investment. While the property requires updating, its generous layout provides a solid foundation for those looking to enhance and personalize their living space. Situated on a sizable plot with a desirable westerly rear aspect, the property benefits from natural light throughout the day, making it an appealing canvas for potential extensions or modernizations (subject to planning permission). The lack of a forward chain simplifies the purchasing process, allowing for quicker entry into this promising investment. Beyond the home’s features, the surrounding area offers numerous advantages. Local amenities are within easy reach, providing convenient access to shops, schools, and parks. This combination of location and potential makes it an attractive proposition for both homeowners seeking to create their ideal space and investors looking to maximize value in a sought-after neighborhood.

Investment Analysis

(BH21 area)

Above Market Value

This property is priced +7.3% above area average per sq ft

+7.3%
This Property
£446/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£324
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£497,052
10% above area average per sq ft
Potential ROI
-10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BH21)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -5.3%
5 year growth: 7.6%
Investment Disclaimer: Analysis based on BH21 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

Lonnen Road, Wimborne, BH21
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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
£1,777
Based on a loan of £363,750 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