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Lake Road, Verwood

South East

£625,000
Listed on 08/01/2026

Property Details

Bedrooms
5
Type
Detached house
Area
1557 sqft

Description

This detached family home, featuring five spacious double bedrooms, presents a rare opportunity to invest in a property that has been cherished by the same family for four decades. Nestled within a generous plot on one of Verwood's sought-after streets, the home offers extensive potential for renovation and extension (subject to planning permission). The layout includes versatile living spaces with a lounge/dining room and kitchen/family area, ideal for modern family life. A welcoming entrance hall leads to a practical downstairs WC, while the ground floor showcases large windows flooding rooms with natural light. French doors from both the dining area and kitchen connect seamlessly to the sunny private rear garden, which boasts ample space for outdoor entertaining. Upstairs, residents will find two fully tiled bathrooms serving the five bedrooms—a canvas ready for contemporary updates. The attached garage adds practicality with its fitted sink and rear access. With substantial off-road parking and a backyard rich with mature trees and fruit plants, this property is poised for transformation into a dream home that reflects personal style and modern living standards.

Investment Analysis

(BH31 area)

Above Market Value

This property is priced +1.2% above area average per sq ft

+1.2%
This Property
£401/sq ft
Area Average
£397/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£679,599
10% above area average per sq ft
Potential ROI
-5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (BH31)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -5.9%
5 year growth: +7.9%
Investment Disclaimer: Analysis based on BH31 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

Lake Road, Verwood
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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
£2,254
Based on a loan of £468,750 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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