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Upper Road, Parkstone

South East

£275,000
Listed on 05/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
907 sqft

Description

This detached bungalow in Parkstone offers a promising opportunity for those interested in renovation and investment. While the home is currently in need of modernization, it features spacious rooms and a practical layout that can be tailored to meet contemporary needs. Positioned away from the road, the property greets you with a comfortable sitting room at the front, which benefits from abundant natural light and pleasant views. This area serves as an excellent starting point for a redesign that reflects your personal style. The accommodation includes two generously sized double bedrooms, each providing enough space for various furnishings and serving as blank canvases ready for your updates. At the rear, you'll find a kitchen equipped with floor-to-ceiling cabinets that maximize storage options, along with additional space suitable for extra appliances. A unique feature of this property is the Mediterranean-style lean-to accessible from the kitchen. This flexible space allows for a smooth flow between indoor and outdoor living and opens up to a south-facing garden. The garden is well-positioned to receive sunlight throughout the day and presents significant potential for landscaping or even expansion, subject to relevant planning permissions. Overall, this bungalow is well-suited for renovators, downsizers, or investors looking to engage in a project with substantial character and ample space. The location further enhances its appeal, providing proximity to local amenities while remaining within reach of beautiful outdoor spaces ideal for recreation. With thoughtful updates, this property could transform into a highly desirable residence in a sought-after area.

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)
£336
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£353,984
10% above area average per sq ft
Potential ROI
+12.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (BH12)

Area prices are rising by +7.1% over the last 12 months
3 year growth: 1.9%
5 year growth: 22.8%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,007
Based on a loan of £206,250 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