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Upper Road, Parkstone

South East

£275,000
Listed on 04/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
907 sqft

Description

This detached bungalow in Parkstone offers a remarkable opportunity for those keen to embark on a renovation project. The property, which requires comprehensive modernisation, boasts spacious dimensions and a well-thought-out floor plan that can be tailored to contemporary preferences. It is set back from the roadway, providing a sense of privacy as you enter the property through the welcoming sitting room, which is positioned at the front and benefits from ample natural light and pleasant views—ideal for redecoration and potentially altering the layout.<br><br>Featuring two generously sized double bedrooms, both spaces present an inviting blank canvas where you can introduce your personal touch. The kitchen, located towards the rear, is equipped with floor-to-ceiling storage units and has additional capacity for appliances, making it a functional area ripe for upgrading.<br><br>Adjoining the kitchen is a Mediterranean-style lean-to that enhances indoor-outdoor connectivity. This adaptable space leads to a sun-soaked south-facing garden, which not only serves as an attractive outdoor area but also holds great promise for landscaping or even extension possibilities (subject to planning permissions).<br><br>Overall, this bungalow represents an ideal prospect for renovators, investors or downsizers seeking to create a unique living space brimming with potential.

Investment Analysis

(BH12 area)

Below Market Value

This property is priced -14.5% below area average per sq ft

-14.5%
Potential saving
This Property
£303/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£353,735
10% above area average per sq ft
Potential ROI
+12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (BH12)

Area prices are rising by +7.1% over the last 12 months
3 year growth: +0.2%
5 year growth: +19.4%
Investment Disclaimer: Analysis based on BH12 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

Upper Road, Parkstone
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£992
Based on a loan of £206,250 over 30 years at 4.06% 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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