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Malcomb Close, Bournemouth, Dorset, BH6

South East

£650,000
Listed on 29/04/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1001 sqft

Description

Nestled in a tranquil cul-de-sac in Hengistbury Head, this two-bedroom detached bungalow presents a unique opportunity for those looking to invest in a property with significant renovation and expansion potential. Located just a short walk from the stunning cliffs and the expansive stretch of golden sandy beaches, this home is ideally situated for both leisure and lifestyle. The bungalow features two well-sized double bedrooms and a generous 21-foot lounge/diner that can serve as an inviting living space. The kitchen/breakfast room offers a functional layout, while the modern shower room and separate WC provide convenience. While the property has been well-maintained by its current owners, it is primed for cosmetic updates that can transform it to suit contemporary tastes. Outside, the front garden is neatly landscaped with lawn areas, complemented by a paved driveway providing off-road parking and access to a detached garage with an up-and-over door. The rear garden enjoys a south/westerly aspect and features low-maintenance paving—ideal for those looking to create their own outdoor sanctuary or entertaining space. Additional factors to consider include the leased solar panels, which have approximately 13 years remaining on their lease term. Prospective buyers should consult with mortgage brokers or lenders regarding eligibility for financing associated with these panels. This property not only offers comfortable living but also holds immense potential for transformation, making it an appealing prospect for both homeowners and investors alike.

Investment Analysis

(BH6 area)

Above Market Value

This property is priced +46.0% above area average per sq ft

+46.0%
This Property
£649/sq ft
Area Average
£445/sq ft
Avg Rent (weekly)
£295
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£65,000 - £162,500
10-25% of property value
Target Value
£489,714
10% above area average per sq ft
Potential ROI
-39.7%
After renovation
Monthly Sales
17
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (BH6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -1.0%
5 year growth: 21.6%
Investment Disclaimer: Analysis based on BH6 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

Malcomb Close, Bournemouth, Dorset, BH6
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