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Watery Lane, Donhead St Mary, SP7

South West

£750,000
Listed on 06/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2096 sqft

Description

This spacious four-bedroom detached bungalow, characterized by its mellow brick exterior and tiled roof, offers an exceptional opportunity for renovation and investment. Nestled on an elevated plot of approximately ¾ acre, the property is located on the outskirts of Shaftesbury, providing a serene semi-rural setting surrounded by lush greenery. The layout features three generously sized double bedrooms alongside an additional room that can serve as a fourth bedroom or study. A well-proportioned 20ft sitting room boasts dual aspect UPVC double-glazed windows that invite natural light and offer views of the tranquil gardens. An open fire with limestone surround enhances the room's charm. The living space extends to a bright conservatory that seamlessly connects to the side garden, ideal for relaxation or entertaining. The kitchen breakfast room presents ample potential for modernization, equipped with a variety of wall and base cabinets, and sufficient space for upgrading appliances. Adjacent is a utility room providing practical storage options and direct access to the garden. The property also includes an orangery that adds versatility—perfect as a dining area or crafting space—while the dining room can easily be reimagined to better suit personal preferences. The master bedroom benefits from an en-suite bathroom that would improve with some updating, alongside two other sizable bedrooms providing flexible usage options—as guest rooms or private offices. A family shower room is also present, awaiting modernization to maximize functionality. Outside, the extensive grounds offer considerable potential for enhancement or expansion. The beautifully landscaped gardens include well-maintained lawns interspersed with mature trees and shrubs, creating a peaceful retreat. A large paved patio and various outbuildings—including workshops and greenhouses—provide utility while enhancing outdoor enjoyment. This expansive outdoor space is fully enclosed by hedgerows and fencing, ensuring privacy while offering scenic views in every direction. A detached double garage provides additional storage solutions along with off-road parking for multiple vehicles. This property has been cherished for three decades but is now ready for new owners who can appreciate its existing charm while recognizing its renovation potential. Whether you're looking to enhance your living space or capitalize on investment opportunities in this desirable location, this bungalow offers a unique canvas to create a truly personalized home. Viewing is essential to grasp the full scope of what this property has to offer.

Investment Analysis

(SP7 area)

Above Market Value

This property is priced +7.8% above area average per sq ft

+7.8%
This Property
£358/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£260
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£764,998
10% above area average per sq ft
Potential ROI
-3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SP7)

Area prices are falling by +12.1% over the last 12 months
3 year growth: -17.8%
5 year growth: 7.6%
Investment Disclaimer: Analysis based on SP7 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

Watery Lane, Donhead St Mary, SP7
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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