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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

£500,000
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 +10.8% above area average per sq ft

+10.8%
This Property
£460/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£384
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£50,000 - £125,000
10-25% of property value
Target Value
£496,335
10% above area average per sq ft
Potential ROI
-20.6%
After renovation
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BH21)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -2.1%
5 year growth: 11.3%
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

Lonnen Road, Wimborne, BH21
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