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Middlehill Road, Colehill, BH21 2HL - Image 1
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Middlehill Road, Colehill, BH21 2HL

South East

£450,000
Listed on 01/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1210 sqft

Description

This charming detached bungalow offers a rare opportunity for renovation and investment in a desirable area. Nestled at the end of a private driveway, the property occupies a good-sized plot with off-road parking and a garage, providing ample space for enhancement or future development. Upon entering, you are welcomed by an enclosed porch that leads into a hallway featuring built-in storage solutions, including a cloaks cupboard and airing cupboard. The spacious sitting room is bathed in natural light from the front aspect window and includes a gas fire (not tested), offering potential for modernization to create an inviting living space. The large kitchen/breakfast room is equipped with an array of base and eye-level units, worktops, and designated spaces for appliances, as well as room for dining. This area presents significant potential for updates that could transform it into a stylish culinary hub. Adjacent to the kitchen is a conservatory that opens directly into the rear garden, seamlessly blending indoor and outdoor living. Two generously sized double bedrooms come complete with built-in wardrobes, making them functional spaces with plenty of storage potential. The bathroom features a three-piece suite and represents another area where modern touches could enhance the home’s appeal. Double glazing throughout and gas heating add to the property's comfort while also presenting opportunities for efficiency upgrades. Outside, the front garden is laid to lawn, complemented by side access leading to the substantial rear garden—an ideal canvas for landscaping or further development. Located in the sought-after Colehill area, this property benefits from proximity to excellent local schools and amenities such as shops, a parish church, library, and hairdresser. The bustling town of Wimborne is just three miles away and offers extensive shopping options, leisure facilities, restaurants, and pubs. With no forward chain in place and its inherent renovation potential, this bungalow represents an attractive opportunity for those looking to invest in property enhancements or create their dream home in a thriving community.

Investment Analysis

(BH21 area)

Below Market Value

This property is priced -10.5% below area average per sq ft

-10.5%
Potential saving
This Property
£372/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£324
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£553,297
10% above area average per sq ft
Potential ROI
+10.7%
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

Middlehill Road, Colehill, BH21 2HL
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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
£1,648
Based on a loan of £337,500 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