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Fairlane, Shaftesbury

South West

£350,000
Listed on 18/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1347 sqft

Description

This detached four-bedroom family home presents a versatile renovation opportunity in a desirable residential area. With ample driveway parking and a private, south-facing garden, this property is ideally located within walking distance of local schools and the town center. Upon entering, you are greeted by a hallway that leads to several living spaces, including a downstairs WC. The spacious lounge/diner features large windows with rear views and patio doors that open into a conservatory, making it an excellent candidate for modern updates. The kitchen, facing the front of the house, includes wall and base units with an inbuilt oven and gas hob, and provides access to a utility room equipped with plumbing for a washing machine as well as additional storage options. Upstairs, the layout offers three double bedrooms alongside a fourth single bedroom—each fitted with UPVC double glazing, radiators, and power points. The family bathroom includes an obscure glazed window, sink, low-level WC, heated towel rail, and walk-in shower. The enclosed rear garden is predominantly laid to lawn with a patio area for outdoor seating, complemented by side access to the front. This outdoor space has great potential for enhancement or landscaping projects. Situated in Shaftesbury—a historic hilltop town known for its stunning countryside views—the property benefits from an array of local amenities. Residents enjoy convenient access to supermarkets, banks, cafes, schools, and recreational facilities. Additionally, transport links are robust; Gillingham’s mainline railway station is about five miles away on the Exeter/Waterloo line. The A303 is just seven miles northward, providing connections to both the South-West region and London. Salisbury city center lies approximately 22 miles away while the Dorset coast is roughly 35 miles distant. This property not only offers spacious accommodation but also significant potential for modernization or reconfiguration—making it an appealing prospect for investors or those seeking to create their ideal home in a vibrant community.

Investment Analysis

(SP7 area)

Below Market Value

This property is priced -21.7% below area average per sq ft

-21.7%
Potential saving
This Property
£260/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£260
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£491,628
10% above area average per sq ft
Potential ROI
+14.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Fairlane, Shaftesbury
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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
£1,282
Based on a loan of £262,500 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