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Ivy Road, Wimborne, BH21

South East

£550,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1450 sqft

Description

This spacious three-bedroom detached bungalow is set on a generous plot, presenting an excellent canvas for renovation and personalization. Located on the outskirts of Merley, between Broadstone and Wimborne, this property offers significant potential for enhancement or extension, subject to planning permissions. Originally built in the late 1930s and held by the same family for nearly six decades, it features a living room, dining room, three bedrooms, kitchen, bathroom, a purpose-built conservatory, and a separate cloakroom. While the home benefits from double glazing and night storage heating, there is also a gas supply available nearby for an easy upgrade. The surrounding garden extends to about 1/4 of an acre with mature borders and is oriented south-southeast, providing ample outdoor space. A detached double garage adds further utility with power and lighting already installed. With its proximity to the Castleman trailway and Delph Woods, as well as the amenities in nearby Wimborne—including shops, restaurants, and excellent transport links—this property not only offers immediate comfort but also long-term investment potential through thoughtful improvements.

Investment Analysis

(BH21 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£379/sq ft
Area Average
£411/sq ft
Avg Rent (weekly)
£348
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£654,987
10% above area average per sq ft
Potential ROI
+5.6%
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

Ivy Road, 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
£1,984
Based on a loan of £412,500 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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