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Colehill

South East

£410,000
Listed on 09/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow presents a promising opportunity for renovation and investment. Nestled in a sought-after area, the property boasts a southerly-facing rear garden and includes a garage. Its location is convenient, with a local convenience store nearby and easy access to Wimborne town center, offering diverse shopping, leisure, and recreational options. In need of modernization, this bungalow allows for various updates to suit personal tastes or potential remodeling ideas. There’s also an option to explore roof space conversion possibilities (subject to planning permission), making it an ideal project for those looking to enhance its living space or capital value. Upon entering, the welcoming hallway provides access to essential storage and leads into a spacious sitting room featuring a charming gas flame fire and a bay window that fills the space with natural light. The open-plan kitchen and dining area at the rear includes several base and wall units along with room for appliances, all while maintaining ample space for dining. The master bedroom benefits from built-in wardrobes, while the second bedroom also features a bay window and fitted storage. A separate bathroom includes essential fixtures such as a panel-enclosed bath with shower attachment and a separate cloakroom with WC. The rear garden offers privacy along with its south-facing aspect. It features a lawn area complete with a fish pond and established hedging that enhances its tranquil setting. Additionally, access to the garage is provided through an external gate at the end of the garden. In summary, this residence represents an excellent opportunity for those looking to invest in property potential through renovation or extension (subject to planning). The combination of its location near essential amenities and natural surroundings adds great appeal. Viewing is strongly encouraged to appreciate what this bungalow has to offer.

Investment Analysis

(BH21 area)
Area Average
£416/sq ft
Avg Rent (weekly)
£324
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BH21)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -5.3%
5 year growth: 7.6%
Investment Disclaimer: Analysis based on BH21 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

Colehill
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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
£1,502
Based on a loan of £307,500 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