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North Street, Wareham BH20

South East

£375,000
Listed on 20/04/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1420 sqft

Description

Nestled in the charming village of Bere Regis, this four-bedroom mid-terraced property presents a unique opportunity for those looking to invest in a home with significant renovation potential. With its spacious layout and characterful features, this residence invites creativity to modernize and tailor the space to individual preferences. Upon entering, the ground floor greets you with a sizeable lounge where a feature fireplace and wood-burning stove set a welcoming tone. The layout flows seamlessly into the dining room, kitchen, and utility area, all of which are positioned at the rear of the home. This arrangement not only maximizes living space but also allows for potential reconfiguration or transformation into an open-plan design that suits contemporary lifestyles. A sliding door from the kitchen leads directly to the rear garden, enhancing indoor-outdoor connectivity. Completing this level is a conveniently located downstairs W.C. The first floor accommodates four well-proportioned bedrooms, providing flexibility for various living arrangements—ideal for families or those needing a dedicated workspace. The primary bedroom features an ensuite shower room, while a separate family bathroom caters to the additional bedrooms. Outside, the rear garden is primarily laid to lawn with a patio area that provides an inviting space for outdoor relaxation and gatherings. A garden shed offers practical storage solutions. Bere Regis is known for its friendly community atmosphere and strategic location surrounded by beautiful Dorset countryside. Residents benefit from local amenities such as a village shop, post office, traditional pubs, and a well-regarded primary school. Secondary education options include The Lytchett School in addition to alternatives like The Purbeck School in Wareham or Thomas Hardy School in Dorchester. Well-connected via the A31 and A35, Bere Regis allows easy commuting to nearby towns including Poole, Bournemouth, and Dorchester. This property stands as a canvas ready for transformation—an excellent investment opportunity in a desirable village setting where one can create their ideal family home. Viewing is recommended to fully appreciate its potential.

Investment Analysis

(BH20 area)

Below Market Value

This property is priced -30.5% below area average per sq ft

-30.5%
Potential saving
This Property
£264/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£367
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£593,794
10% above area average per sq ft
Potential ROI
+39.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BH20)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 1.7%
5 year growth: 13.0%
Investment Disclaimer: Analysis based on BH20 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

North Street, Wareham BH20
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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
£1,374
Based on a loan of £281,250 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