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Lonnen Road, Colehill, Wimborne, Dorset, BH21

South East

£549,999

Listed on 09/06/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1535 sqft

Description

This three-bedroom detached chalet-style property presents a unique opportunity for renovation and further development. Nestled in the tranquil semi-rural edge of Colehill, it boasts a generously sized garden and adjoining fields, offering a peaceful setting while being conveniently close to local amenities. The home features spacious living areas infused with potential, including a lounge/dining room with a brick fireplace and wood burner, as well as a conservatory that opens to the expansive backyard. The kitchen is equipped with modern units and essential appliances, yet enhances the potential for bespoke updates. Bedrooms 2 and 3 highlight charming exposed woodblock flooring, while the upper level unveils stunning views over the garden and surrounding countryside from the master bedroom. The property also benefits from ample storage space throughout. While the bathrooms are functional, they present opportunities for modernisation to align with contemporary standards. With an extensive garage/workshop and extensive gardens—including an uncultivated area that attracts wildlife—there is significant scope for enhancing both living conditions and outdoor spaces. Additionally, there are planning permissions in place for constructing four homes on adjacent land, marking this property as not only a comfortable residence but also a viable investment project for future expansion or subdivision.

Investment Analysis

(BH21 area)

Below Market Value

This property is priced -11.6% below area average per sq ft

-11.6%
Potential saving
This Property
£358/sq ft
Area Average
£405/sq ft
Avg Rent (weekly)
£348
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£684,433
10% above area average per sq ft
Potential ROI
+14.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BH21)

Area prices are falling by -5.4% over the last 12 months
3 year growth: -7.4%
5 year growth: +4.5%
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, Colehill, Wimborne, Dorset, BH21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,078
Based on a loan of £412,499 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-18.5% since listed
£549,999£49,951(-8.3%)
06/07/2025
Current price
£599,950£25,050(-4.0%)
15/05/2025
£625,000£24,950(-3.8%)
08/03/2025
£649,950£25,050(-3.7%)
21/08/2024
£675,000Initial listing
29/05/2024

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