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Wareham, Dorset

South East

£550,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1677 sqft

Description

This three-bedroom residence presents a unique opportunity for renovation and investment, set within an increasingly desirable semi-rural location just outside Wareham. With its spacious layout and versatile rooms, the property is well-positioned for potential enhancements that can significantly increase its value. Entering through a private driveway and garage, you are welcomed into a hallway featuring a convenient W.C. The sitting room boasts generous dimensions, accentuated by bay windows that invite natural light while providing views of the garden. A bespoke Purbeck stone fireplace with a log burner adds character to the space, making it a comfortable area for relaxation or entertaining guests. Adjacent to the sitting room is a snug that serves multiple purposes—whether as a home office or guest room—the flexible space can easily accommodate additional furniture. The dining room offers an inviting atmosphere for family meals and social gatherings, seamlessly connecting to the bright garden room, which features large glass panels ensuring you enjoy views of the outdoor space throughout the year. From the hallway, access leads to a practical kitchen equipped with tiled flooring and ample storage solutions. There is also a charming window over the sink where you can enjoy watching life unfold in your surroundings. The first floor comprises three double bedrooms, each offering potential for personalization. The principal bedroom features built-in wardrobes and ample space for additional furnishings, while the second bedroom also benefits from built-in storage and pleasant views over heathland. The third bedroom is slightly smaller but still comfortably fits a double bed along with significant wardrobe space. The family bathroom includes both a bath and shower cubicle alongside a separate W.C., contributing functional convenience to daily living. Outside, the expansive garden presents an exciting blank canvas for gardening enthusiasts or those looking to create an outdoor haven. Currently primarily laid to lawn, it features stepping stones leading to a summer house surrounded by established shrubs and seasonal flowers—ideal for landscaping projects or outdoor enjoyment. Located approximately 1.7 miles from Wareham's market town center along Puddletown Road, this property enjoys proximity to essential amenities including shops, restaurants, and public transport options. Its position on the edge of SSSI heathland ensures scenic surroundings while offering easy access to recreational facilities such as golf courses, fishing spots, and outdoor sports complexes. With significant investment potential in both renovations and rental opportunities in this sought-after area, this property could become not only your dream home but also an advantageous addition to your investment portfolio.

Investment Analysis

(BH20 area)

Below Market Value

This property is priced -13.7% below area average per sq ft

-13.7%
Potential saving
This Property
£328/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£367
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£701,263
10% above area average per sq ft
Potential ROI
+18.9%
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

Wareham, Dorset
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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
£2,015
Based on a loan of £412,500 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