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Venator Place, Wimborne, BH21

South East

£550,000
Listed on 24/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1223 sqft

Description

This spacious detached bungalow offers significant renovation and extension potential, situated conveniently near Wimborne Town Centre. With two well-sized bedrooms and a generous layout developed in the late 1970s, the property features an open-plan kitchen and reception area alongside a separate living room that boasts charming wood-burning stoves. The interior, while functional, presents opportunities for modern updates and enhancements. The property is set on a substantial corner plot with a private, south-west facing garden, making it ideal for outdoor modifications or expansions (subject to planning permission). The garden includes well-maintained lawns and patio areas that could be transformed into beautiful outdoor living spaces. Additionally, the location provides easy access to local amenities and transport links, enhancing its rental or resale value as an investment. A single garage has been partially converted into a versatile office/hobbies space, further increasing the property's appeal for those looking to develop home office solutions. Overall, this bungalow represents a compelling opportunity for investors or homeowners with vision to create their ideal living space.

Investment Analysis

(BH21 area)

Above Market Value

This property is priced +8.2% above area average per sq ft

+8.2%
This Property
£450/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£324
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£559,241
10% above area average per sq ft
Potential ROI
-5.2%
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

Venator Place, Wimborne, BH21
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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
£2,015
Based on a loan of £412,500 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