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Unit 1, Westminster Road, Wareham, BH20 4SN - Image 1
Unit 1, Westminster Road, Wareham, BH20 4SN - Image 2
Unit 1, Westminster Road, Wareham, BH20 4SN - Image 3
Unit 1, Westminster Road, Wareham, BH20 4SN - Image 4
Unit 1, Westminster Road, Wareham, BH20 4SN - Image 5
Unit 1, Westminster Road, Wareham, BH20 4SN - Image 6
Unit 1, Westminster Road, Wareham, BH20 4SN - Image 7
Unit 1, Westminster Road, Wareham, BH20 4SN - Image 8

Unit 1, Westminster Road, Wareham, BH20 4SN

South East

£1,000,000
Listed on 08/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property features a robust structure characterized by brick and block elevations, topped with an insulated steel-clad roof featuring daylight panels. At the front, a two-storey office area is incorporated, designed with brick elevations under a flat roof, exhibiting unique mansard elements along the frontage. The office space includes separate male and female restroom facilities as well as a kitchen area, all served by electric central heating. The adjacent warehouse has been segmented into five distinct units, each equipped with its own sub-meter for three-phase electricity access. Notably, there is no gas supply on the premises. Externally, the property offers ample dedicated parking both at the front and side, plus convenient loading facilities via three separate loading doors located on the side of the unit. Situated in the Westminster Road Industrial Estate, this property benefits from its proximity to Wareham town center and is just a short distance from Wareham railway station. Its location provides excellent accessibility via the A351 trunk road that connects seamlessly to the A35 Upton by-pass, facilitating transport to Bournemouth and Poole to the east and Dorchester to the west. Of significant interest for potential investors is the outline planning permission that has been granted for redevelopment. This includes plans to demolish the current industrial unit and construct nine residential dwellings (Planning application number: P/OUT/2022/01345). This presents an opportunity not only to renovate but also to capitalize on residential demand in this area. The property is available freehold with vacant possession, making it an attractive proposition for those looking to undertake renovation or redevelopment projects in a strategic location.

Investment Analysis

(BH20 area)
Area Average
£380/sq ft
Avg Rent (weekly)
£367
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £800,000
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

Unit 1, Westminster Road, Wareham, BH20 4SN
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,663
Based on a loan of £750,000 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