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Bargates, Christchurch, Dorset, BH23

South East

£275,000
Listed on 10/01/2026

Property Details

Bedrooms
3
Type
Flat
Area
790 sqft

Description

This three-bedroom flat, positioned on the first floor in the heart of Christchurch, presents a promising investment opportunity. It includes a detached garage and a parcel of land at the back, offering potential for development subject to planning permissions. The apartment is in need of modernisation, making it ideal for those looking to add value through renovations. Completing the property comes with a new 990-year lease, ensuring long-term ownership without ground rent charges. Accessibility is enhanced by a private entrance, and the absence of a forward chain simplifies the purchasing process. The location is advantageous, being just a short stroll from Christchurch's vibrant high street filled with independent shops and eateries. Additionally, proximity to Christchurch Quay provides leisure opportunities by the water, while families will appreciate access to high-quality schools such as Twynham secondary school, noted for its outstanding Ofsted rating.

Investment Analysis

(BH23 area)

Below Market Value

This property is priced -18.5% below area average per sq ft

-18.5%
Potential saving
This Property
£348/sq ft
Area Average
£427/sq ft
Avg Rent (weekly)
£320
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£371,150
10% above area average per sq ft
Potential ROI
+17.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
77
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (BH23)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -3.0%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on BH23 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

Bargates, Christchurch, Dorset, BH23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 over 30 years at 4.06% 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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