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Old Wareham Road, Corfe Mullen, Wimborne, BH21 - Image 1
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Old Wareham Road, Corfe Mullen, Wimborne, BH21

South East

£500,000
Listed on 04/03/2026

Property Details

Bedrooms
4
Type
Detached house
Area
3057 sqft

Description

This characterful property, dating back to the 15th century, presents a unique investment opportunity for those looking to undertake a significant renovation project. Nestled on a generous plot exceeding one-third of an acre, this home offers over 2000 square feet of potential living space, including three to four bedrooms and a large loft that could be transformed into additional accommodation or usable space (subject to relevant permissions). While the property has seen various extensions — the latest completed in the 1980s — it is currently in need of extensive modernisation. The site includes a substantial brick garage with an adjoining storeroom and gardener's WC, alongside a spacious driveway accommodating multiple vehicles. Surrounded by idyllic countryside yet positioned next to a moderately busy road, this location provides both tranquility and accessibility. With local amenities just a mile away in Corfe Mullen, plus schools and transport links nearby, this property requires new owners who are ready to revitalize its historic charm and capitalize on its location.

Investment Analysis

(BH21 area)

Below Market Value

This property is priced -60.2% below area average per sq ft

-60.2%
Potential saving
This Property
£164/sq ft
Area Average
£411/sq ft
Avg Rent (weekly)
£348
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,380,893
10% above area average per sq ft
Potential ROI
+122.7%
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
24%
Properties sold annually

Local Market Trend (BH21)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -8.4%
5 year growth: +7.4%
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

Old Wareham Road, Corfe Mullen, Wimborne, BH21
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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
£1,803
Based on a loan of £375,000 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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