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Grange Road, Wareham, BH20

South East

£750,000
Listed on 09/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
1641 sqft

Description

This detached Victorian house, situated on the southern edge of Wareham, presents a unique opportunity for renovation and investment in the picturesque Dorset countryside. With its blend of character features and spacious layout, this property is well-suited for those looking to customize their living space to suit modern needs while retaining its inherent charm. The generous interior boasts five bedrooms, offering ample room for families or potential rental use. While the home requires modernization, it showcases a well-thought-out floor plan. The ground floor features an entrance porch that leads into a welcoming lobby and a sizeable kitchen/breakfast area equipped with a gas-fired Rayburn. This space is complemented by storage units and room for contemporary appliances. An adjoining dining room connects seamlessly to a large living room with French doors that open onto an inviting patio area, perfect for outdoor entertaining or relaxation. Additionally, the convenience of a utility area and shower room on the ground floor adds practical functionality. On the first floor, you will find all five bedrooms along with a family bathroom. The property benefits from gas central heating with a newly installed system, enhancing comfort throughout. Externally, access is provided via a gravel driveway leading to a garage, while the southwest-facing gardens offer greenery and seclusion through mature shrubs and hedging. The lawned areas and patio invite possibilities for landscaping projects or outdoor enhancements tailored to personal tastes. Located in close proximity to the historic town of Wareham, residents can enjoy easy access to local amenities while benefiting from the tranquil allure of rural life. Additionally, nearby transport links facilitate exploration of the stunning Purbeck coast. This property is ideal for individuals seeking not just a home but also an investment opportunity to refurbish according to their vision. With significant potential for customization and improvement, it stands as an appealing choice for those ready to invest in creating their ideal living environment in this desirable location.

Investment Analysis

(BH20 area)

Above Market Value

This property is priced +20.2% above area average per sq ft

+20.2%
This Property
£457/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£367
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£686,209
10% above area average per sq ft
Potential ROI
-19.3%
After renovation
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

Grange Road, Wareham, BH20
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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
£2,747
Based on a loan of £562,500 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