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De Lisle Road, Bournemouth, BH3

South East

£200,000
Listed on 21/03/2025

Property Details

Bedrooms
2
Type
Apartment
Area
624 sqft

Description

This first-floor flat, situated in the sought-after BH3 area of Bournemouth on De Lisle Road, presents a unique opportunity for savvy investors or buyers looking to create their ideal living space. Located in a tranquil residential setting away from bustling thoroughfares, this property is in close proximity to beautiful Meyrick Park and within walking distance to local amenities in Winton and Charminster. Currently available only to cash buyers due to an unresolved freehold issue, this presents a momentary hurdle that can be overcome post-sale, making it an excellent prospect for those wishing to add value through renovation. The layout consists of a dual-aspect kitchen/dining area that, while functional, could benefit from strategic reconfiguration for better flow and utility. The spacious lounge features a charming bay window with garden views, while the main bedroom also enjoys a southerly aspect and bay window charm—an easy swap if desired due to similar sizing. A second double bedroom sits conveniently between these two larger rooms alongside the bathroom that requires modernisation. Although general updating and redecoration are required throughout to elevate the property’s overall appeal, it does have gas central heating via a combination boiler and UPVC double glazing already in place, contributing positively towards its EPC rating of D. With thoughtful investment, this flat has substantial potential for increased comfort and market value. The property also includes an allocated parking space and access to a shared rear garden with established greenery and outdoor space—a rare find in such desirable locales. Overall, this flat offers significant improvement opportunities tailored to personal tastes while benefitting from its prime location.

Investment Analysis

(BH3 area)

Below Market Value

This property is priced -9.0% below area average per sq ft

-9.0%
Potential saving
This Property
£321/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£395
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£241,819
10% above area average per sq ft
Potential ROI
+7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (BH3)

Area prices are rising by +8.3% over the last 12 months
3 year growth: -6.8%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on BH3 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

De Lisle Road, Bournemouth, BH3
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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
£721
Based on a loan of £150,000 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.

Price History

-20.0% since listed
£200,000£50,000(-20.0%)
21/03/2026
Current price
£250,000Initial listing
22/03/2025

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