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Denham Drive

South West

£125,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
990 sqft

Description

This three-bedroom mid-terrace home presents a compelling opportunity for renovation enthusiasts and investors alike. Located in a tranquil residential neighborhood just outside the historic town of Shaftesbury, the property is primed for modernization, allowing future owners to tailor the space to their own preferences and lifestyle. Spanning two floors, this well-proportioned home features generous living areas that can be transformed into a comfortable family environment. Both front and rear gardens provide outdoor space that can be enhanced or reimagined according to your vision. With thoughtful renovations, this property has excellent potential to serve as either a pleasant residence or a wise long-term investment. The location further enhances its appeal; Denham Drive is situated within the Guy's Marsh area, conveniently close to Shaftesbury’s vibrant town center. Residents will enjoy easy access to local schools, supermarkets, and independent shops. Additionally, the nearby Cranborne Chase Area of Outstanding Natural Beauty offers an abundance of recreational opportunities amidst stunning landscapes. Accessibility is also a key feature, with good road links via the A350 connecting you to Gillingham, Blandford Forum, and beyond. The property includes an enclosed rear garden and on-street parking options. While requiring significant renovation work, this home’s potential is underscored by its location in a sought-after market town renowned for its characterful high street and heritage landmarks such as Gold Hill. For those looking for a project with promising returns or a way to create a personalized living space in a charming area, this property may offer exactly what you’re seeking. As it stands now, it is not within a conservation area but does benefit from essential services like mains electricity, water, and gas. Given the level of work needed to modernize this home fully, prospective buyers are encouraged to explore the possibilities that await within these walls—transforming not just a house but creating an inviting home tailored to your needs.

Investment Analysis

(SP7 area)

Below Market Value

This property is priced -61.9% below area average per sq ft

-61.9%
Potential saving
This Property
£126/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£260
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£361,330
10% above area average per sq ft
Potential ROI
+60.6%
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

Denham Drive
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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
£458
Based on a loan of £93,750 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