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Holme Road, Highcliffe, Christchurch, Dorset, BH23 - Image 1
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Holme Road, Highcliffe, Christchurch, Dorset, BH23

South East

£450,000
Listed on 24/10/2024

Property Details

Bedrooms
3
Type
Detached house
Area
1033 sqft

Description

Nestled conveniently near Highcliffe village center and just a short stroll from the stunning cliff tops, this three-bedroom detached bungalow presents an excellent renovation opportunity. The property is set up for transformation, featuring a reception hall that welcomes you into the home, alongside a spacious sitting room, three bedrooms, and a loft room that can be repurposed to fit your vision. The fitted kitchen opens to a sun room, creating potential for an inviting space to enjoy natural light. A shower room completes the interior layout. Outside, the driveway offers off-road parking and leads to a west-facing rear garden that provides ample space for landscaping or outdoor entertainment options. Given the property's layout and location, there is significant potential for modernization or expansion. Highcliffe is known for its picturesque beaches and unspoiled coastline which are easily accessible from the property. Local amenities are within reach in Highcliffe village, while nearby attractions such as Highcliffe Castle and Golf Course add to the area's charm. For broader shopping and leisure options, Christchurch and New Milton are just a short drive away. This property not only offers immediate comfort but also represents an attractive investment opportunity in a desirable coastal location.

Investment Analysis

(BH23 area)

Above Market Value

This property is priced +1.5% above area average per sq ft

+1.5%
This Property
£436/sq ft
Area Average
£429/sq ft
Avg Rent (weekly)
£306
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£487,586
10% above area average per sq ft
Potential ROI
-1.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (BH23)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 0.5%
5 year growth: 16.0%
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

Holme Road, Highcliffe, Christchurch, Dorset, BH23
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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
£1,648
Based on a loan of £337,500 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