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Blackwater Drive, Wimborne, Dorset, BH21

South East

£800,000
Listed on 15/05/2026

Property Details

Bedrooms
6
Type
Detached
Area
3200 sqft

Description

This expansive chalet bungalow, set in a private location on approximately 4.84 acres, represents a unique investment opportunity for those seeking to create their dream home. Spanning over 3,000 square feet, the property was originally constructed in 1963 and is now primed for a comprehensive renovation to unlock its full potential. With three bedrooms on the ground floor and an additional three on the first floor along with multiple reception areas, including a generous lounge and a garden room with panoramic views over the grounds, there’s ample space to reconfigure the layout to suit modern living standards. The existing kitchen/breakfast area provides a foundation for contemporary updates, while the potential for extension exists subject to planning permissions. The external area features a double garage and workshop alongside extensive gardens that invite thoughtful landscaping and design. Enjoying elevated views across the landscape towards Poole, this property is surrounded by rich flora and fauna, creating an idyllic retreat. With local amenities just a short distance away in Merley, as well as excellent transport links to Poole and Bournemouth, this location combines rural tranquility with accessibility.

Investment Analysis

(BH21 area)

Below Market Value

This property is priced -38.7% below area average per sq ft

-38.7%
Potential saving
This Property
£250/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£362
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,436,160
10% above area average per sq ft
Potential ROI
+36.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BH21)

Area prices are falling by -5.6% over the last 12 months
3 year growth: -8.2%
5 year growth: +3.3%
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

Blackwater Drive, Wimborne, Dorset, BH21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,854
Based on a loan of £600,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

Price History

-20.0% since listed
£800,000£100,000(-11.1%)
16/05/2026
Current price
£900,000£100,000(-10.0%)
11/09/2025
£1,000,000Initial listing
25/07/2025

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