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Ilminster Road, Swanage

South East

£239,950
Listed on 03/02/2026

Property Details

Bedrooms
3
Type
Flat
Area
850 sqft

Description

This second-floor apartment in a well-constructed block offers a blend of space and potential, located just a short stroll from both the town centre and the beach. Built in 1988, this property comprises a generous living area, an en-suite master bedroom, and easy lift access, making it a practical choice for various lifestyles. While some updates are needed to modernize the interior, the layout is functional with large windows allowing natural light throughout. In addition to the spacious living room and three bedrooms (two doubles plus a single), the kitchen is equipped with essential fittings but could benefit from contemporary improvements. The presence of communal gardens enhances outdoor appeal, while a garage provides extra storage or parking convenience. With its prime location near Durlston Country Park and local amenities, this apartment presents an attractive refurbishment opportunity that could yield significant returns either as an investment or as a personal residence tailored to your tastes.

Investment Analysis

(BH19 area)

Below Market Value

This property is priced -35.2% below area average per sq ft

-35.2%
Potential saving
This Property
£282/sq ft
Area Average
£436/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£407,239
10% above area average per sq ft
Potential ROI
+45.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (BH19)

Area prices are falling by -6.7% over the last 12 months
3 year growth: -7.1%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on BH19 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

Ilminster Road, Swanage
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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
£865
Based on a loan of £179,962 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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