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Parr Street , Lower Parkstone

South East

£450,000
Listed on 26/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house

Description

This spacious semi-detached Victorian property, constructed in 1884, presents a unique investment opportunity situated in a well-regarded area replete with local amenities and convenient transport links. Previously utilized as a commercial space, this four-bedroom home offers significant potential for both residential and commercial refurbishment, subject to appropriate permissions. Entering through the hallway, you are greeted by a lounge that retains charming character elements from its former use as a shop, featuring a bay window, exposed brick walls, and a log burner that enhances the warm atmosphere. The open-plan layout flows into the dining area, perfect for family gatherings or entertaining guests. The adjoining kitchen is designed with floor-to-ceiling units that provide ample storage space alongside an integrated gas oven and hob. On the first floor, you will find a main bathroom equipped with both bath and separate shower facilities. Additionally, there are two spacious double bedrooms; one comes complete with fitted wardrobes to maximize functionality. The second floor consists of two more rooms—one currently configured as a single bedroom suitable for an office or study, and the other serving as a good-sized double bedroom. Outside, the front driveway allows off-road parking for one vehicle while the rear garden boasts a sizeable patio accentuated by mature shrubs. This property is offered with no onward chain, making it an attractive prospect for those looking to create their dream home or capitalize on its investment potential.

Investment Analysis

(BH14 area)
Area Average
£436/sq ft
Avg Rent (weekly)
£299
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (BH14)

Area prices are rising by +20.9% over the last 12 months
3 year growth: +5.0%
5 year growth: +10.9%
Investment Disclaimer: Analysis based on BH14 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

Parr Street , Lower 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
£1,623
Based on a loan of £337,500 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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