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Priestlands, Sherborne, Dorset

South West

£425,000
Listed on 14/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1054 sqft

Description

This two-bedroom chalet bungalow in Sherborne offers a rare opportunity for those looking to invest in a property with significant renovation potential. Spread across two floors, the accommodation features spacious rooms that can be transformed into a contemporary living space to suit personal tastes. The ground floor includes an entrance hall leading to versatile living and dining areas, which could be modernized for an open-plan layout. A rear-facing kitchen, complete with dining space, could benefit from updating, as well as a utility room providing internal access to the garage. Upstairs, two sizeable bedrooms with built-in storage and a family bathroom present additional scope for improvement. The property is further enhanced by a generous south-facing garden, primarily laid to lawn, offering opportunities for landscaping or outdoor enhancements. Parking is available for several vehicles at the front, alongside a single garage that adds functionality. Situated in the historic town of Sherborne, this home sits close to local amenities and transport links while being nestled within a green environment near the Quarr Local Nature Reserve. Given its proximity to essential services and educational institutions, this property not only holds immediate residential appeal but also promises long-term value following refurbishment.

Investment Analysis

(DT9 area)

Above Market Value

This property is priced +21.0% above area average per sq ft

+21.0%
This Property
£403/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£286
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£386,312
10% above area average per sq ft
Potential ROI
-16.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (DT9)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -5.2%
5 year growth: +6.3%
Investment Disclaimer: Analysis based on DT9 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

Priestlands, Sherborne, Dorset
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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
£1,533
Based on a loan of £318,750 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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