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Banks Road, Sandbanks, Poole

South East

£1,250,000
Listed on 06/06/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1589 sqft

Description

This charming detached bungalow, available for the first time in 57 years and without any forward chain, presents a unique opportunity for renovation or redevelopment. Situated on the desirable Sandbanks Peninsula, the property is just moments away from stunning Blue Flag beaches, offering a prime location for both personal enjoyment and investment potential. The bungalow is set on a level plot with a gated driveway that provides secure off-street parking for multiple vehicles. Complementing the outdoor space are both a detached garage and a separate carport. The layout positions the home towards the rear of the plot, allowing for a front terrace and lawn area that enhance curb appeal. Inside, the open-plan lounge and dining area benefit from southeast-facing windows that flood the space with natural light and offer direct access to the garden. The kitchen, while functional and equipped with ample cabinetry and a built-in oven, presents an opportunity for modern upgrades. The principal bedroom features an en-suite shower room, while two additional double bedrooms share access to a family shower room located off the hallway. Given its layout and location, this property holds significant potential for updates or extensions (subject to planning permissions), making it an ideal canvas for those looking to create their dream home. The surrounding area is highly sought-after due to its proximity to Poole Harbour, local beaches, and well-regarded restaurants such as Rick Stein's and Lazy Jacks. For sailing enthusiasts, Sandbanks offers easy access to notable facilities like The Sandbanks Yacht Club and the Royal Motor Yacht Club. Investors should also take note of the restrictive covenants associated with this property; further details can be obtained from the selling agent. Overall, this bungalow represents an excellent opportunity for those looking to invest in one of Dorset’s most coveted locations.

Investment Analysis

(BH13 area)

Above Market Value

This property is priced +62.0% above area average per sq ft

+62.0%
This Property
£787/sq ft
Area Average
£486/sq ft
Avg Rent (weekly)
£425
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£848,693
10% above area average per sq ft
Potential ROI
-36.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BH13)

Area prices are falling by +11.1% over the last 12 months
3 year growth: -18.4%
5 year growth: -18.8%
Investment Disclaimer: Analysis based on BH13 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

Banks Road, Sandbanks, Poole
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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
£4,579
Based on a loan of £937,500 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