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Castle Lane West, Bournemouth, BH8 - Image 1
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Castle Lane West, Bournemouth, BH8

South East

£400,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
987 sqft

Description

This three-bedroom detached bungalow offers a remarkable chance for renovation or investment, with existing planning permission that adds to its appeal for developers and those looking to embark on a comprehensive project. Situated in a location known for its potential, the property is currently set up with gas central heating and predominately double-glazed windows; however, it stands ready for modernization to suit personal preferences. The property’s layout provides ample opportunity for enhancement. Those interested in larger projects will find significant potential to expand the existing structure or develop the roof space, subject to necessary permissions. Notably, the current owner has obtained planning approval to replace the bungalow with two new three-storey townhouses, which could be an attractive option for investors aiming to capitalize on the growing demand in the area. Set back from the road, the home features a spacious front garden and driveway, ensuring convenient parking. A welcoming entrance porch leads into the main hallway, providing access to all living areas. The lounge benefits from natural light streaming through a bay window, complemented by additional side windows and featuring an unused tiled fireplace that could be restored or replaced as part of renovations. The kitchen, while functional with its assortment of base and eye-level cupboards, presents an opportunity for an upgrade to create a more contemporary cooking space. This room also includes provisions for appliances and houses the gas boiler. Adjacent to the kitchen is a glazed rear porch that connects effortlessly to the rear garden. The accommodation comprises three bedrooms alongside a bathroom and separate WC, both of which would benefit from updating but hold promise for reconfiguration into a larger family bathroom if desired. Outside, ample parking space continues down the side of the home to a detached garage nestled within the mature rear garden. The garden itself is predominantly lawned and allows for creative landscaping ideas. Currently tenanted but available with vacant possession upon sale, this property invites internal viewings aimed at experiencing its full potential firsthand. Interested buyers are encouraged to inquire about reviewing planning permissions and any available documentation related to proposed developments.

Investment Analysis

(BH8 area)

Above Market Value

This property is priced +15.0% above area average per sq ft

+15.0%
This Property
£405/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£40,000 - £100,000
10-25% of property value
Target Value
£382,492
10% above area average per sq ft
Potential ROI
-23.5%
After renovation
Monthly Sales
12
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BH8)

Area prices are falling by +5.0% over the last 12 months
3 year growth: 8.6%
5 year growth: 14.8%
Investment Disclaimer: Analysis based on BH8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Castle Lane West, Bournemouth, BH8
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