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Cocklands, Charminster, Dorchester

South West

£210,000
Listed on 05/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
949 sqft

Description

Nestled in the charming village of Charminster, this mid-terraced property presents a compelling opportunity for those looking to undertake a renovation project or make a strategic investment. The layout includes a functional kitchen, a spacious lounge/diner, and a cloakroom on the ground floor, along with three bedrooms and a wet room located upstairs. While the home requires modernization, it offers the potential to create a personalized living space tailored to contemporary tastes. Upon entering, you are greeted by an entrance hall providing access to the various rooms and staircase leading to the first floor. The open-plan lounge/dining area features dual aspect windows, inviting ample natural light while offering flexibility in design. Adjacent is the kitchen, equipped with essential appliances and storage options, along with dual aspect windows that overlook the rear garden. Upstairs, the property features three bedrooms that can serve various purposes, whether for family living or as rental units post-renovation. Each bedroom has its own character and provides enough space for comfortable furnishings. The wet room adds functionality but may benefit from updates to enhance both aesthetic appeal and convenience. The outdoor space includes both front and rear areas; a driveway accommodates off-street parking for up to two vehicles. The rear garden is designed for low maintenance with patio space and artificial grass, complemented by established flower beds—ideal for those seeking outdoor relaxation or entertainment options. This property comes with no onward chain and offers significant investment potential due to its location within Charminster, known for its community atmosphere and easy access to nearby amenities. Whether you're considering it as your next home or as an investment venture in the rental market, this property provides a solid foundation for further development.

Investment Analysis

(DT2 area)

Below Market Value

This property is priced -35.6% below area average per sq ft

-35.6%
Potential saving
This Property
£221/sq ft
Area Average
£344/sq ft
Avg Rent (weekly)
£287
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£358,580
10% above area average per sq ft
Potential ROI
+46.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (DT2)

Area prices are falling by +4.1% over the last 12 months
3 year growth: -3.4%
5 year growth: 11.7%
Investment Disclaimer: Analysis based on DT2 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

Cocklands, Charminster, Dorchester
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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
£769
Based on a loan of £157,500 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