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Castle Street, Cranborne, Wimborne, Dorset, BH21 - Image 1
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Castle Street, Cranborne, Wimborne, Dorset, BH21 - Image 3
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Castle Street, Cranborne, Wimborne, Dorset, BH21

South East

£325,000
Listed on 04/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1106 sqft

Description

This Grade II Listed detached cottage offers a unique opportunity for renovation and investment in a picturesque conservation village. With three bedrooms, the property requires complete modernization, providing an ideal canvas for those looking to create a custom home or profit from a significant restoration project. The home features distinctive 19th-century architecture with brick and cob construction, highlighted by its charming double-fronted façade and traditional steep tiled roof. While currently not habitable, it possesses ample potential, particularly with the detailed planning permission granted for a substantial two-storey extension and the addition of a habitable outbuilding in the expansive rear garden, which spans over 150 feet. This outdoor space is enclosed by mixed hedges and predominantly laid to grass, making it suitable for landscaping that can enhance both functionality and aesthetics. Inside, the layout includes essential areas such as an entrance hallway leading to various rooms on the ground floor. The dining room boasts a striking floor-to-ceiling brick fireplace, while the living room features period details like part-panelled walls and an inglenook fireplace with a bressummer beam and bread oven—elements that can be beautifully restored or incorporated into modern updates. A small kitchen overlooks the rear garden with direct access to outside spaces, along with a utility area nearby. The first floor accommodates two double bedrooms and one single bedroom. Located on the outskirts of Cranborne adjacent to the scenic Cranborne Chase, this property benefits from being part of a thriving community offering essential amenities such as a GP surgery, schools, shops, sports facilities, and dining options including La Fosse Restaurant. The village is well-connected to larger towns like Wimborne Minster (approximately 10 miles away) and Verwood (about 4 miles), with further access to cities like Salisbury via good road links. For investors or those seeking a renovation project in a desirable setting rich in history and community spirit, this cottage represents an exciting opportunity to realize substantial value through careful restoration and development.

Investment Analysis

(BH21 area)

Below Market Value

This property is priced -29.3% below area average per sq ft

-29.3%
Potential saving
This Property
£294/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£324
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£120,000 - £200,000
Target Value
£505,741
10% above area average per sq ft
Potential ROI
-3.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BH21)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -5.3%
5 year growth: 7.6%
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

Castle Street, Cranborne, Wimborne, Dorset, BH21
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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
£1,191
Based on a loan of £243,750 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