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Allenview Road, Wimborne

South East

£149,950
Listed on 19/10/2025

Property Details

Bedrooms
1
Type
Flat
Area
463 sqft

Description

This one-bedroom, purpose-built first-floor apartment presents a unique opportunity for those looking to invest in a property with significant renovation potential. Situated within walking distance of Wimborne Town Centre, the location is ideal for anyone wishing to immerse themselves in the charm of this historic market town. While the apartment does require some updating, it offers the chance to create a personalized living space or a lucrative long-term rental. The open-plan lounge and kitchen area is generously sized and benefits from south and west-facing windows, ensuring plenty of natural light throughout the day. With ample space for both lounging and dining, this area invites modern living concepts that can be tailored to meet personal tastes. Notably, the property includes a double-width garage—a rare find in this area—that adds considerable value and utility, whether for personal use or as extra storage. Additionally, the absence of a forward chain facilitates a smoother transaction process. Wimborne Minster itself is rich in history and character, featuring picturesque riverside walks along the Stour and Allen. The town center is home to an eclectic mix of independent shops, cafes, and restaurants alongside familiar high street stores. Local schools enhance its appeal for families, making it a desirable location with sustainable rental demand. In terms of practical details, upon entry through the communal entrance, you will find an inviting hall leading to built-in storage. The bedroom is spacious enough to accommodate furnishings comfortably and features fitted wardrobes for added convenience. The bathroom includes essential fixtures such as a paneled bath with an electric shower and low-level WC. Overall, this property not only stands out due to its favorable location but also because of its investment potential. With renovations that could enhance both aesthetic appeal and functionality, it could command an estimated rental price of £950 per month once improvements are made. This opportunity balances modern living in a sought-after area with promising returns on investment.

Investment Analysis

(BH21 area)

Below Market Value

This property is priced -22.1% below area average per sq ft

-22.1%
Potential saving
This Property
£324/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£324
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £25,000
Target Value
£211,716
10% above area average per sq ft
Potential ROI
+21.0%
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

Allenview Road, Wimborne
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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
£549
Based on a loan of £112,462 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