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Verwood Road, Three Legged Cross, Wimborne, BH21 - Image 1
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Verwood Road, Three Legged Cross, Wimborne, BH21

South East

£230,000
Listed on 19/03/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1368 sqft

Description

This detached two-bedroom chalet-style home presents a unique opportunity for renovation and expansion, ideally suited for investors or those looking to create their dream residence. Nestled on a generous plot of nearly 1/5th of an acre, the property boasts a secluded rear garden spanning approximately 65 feet, with a westerly aspect that enhances outdoor enjoyment. The home's converted loft space provides additional storage options or the potential for further development, subject to obtaining planning permissions. Currently featuring a lounge with dual aspects and a wood burner, the layout includes a functional kitchen/dining area and two well-proportioned double bedrooms. The existing gas heating system is inoperable and will require attention, making this an ideal candidate for refurbishment. Located in a semi-rural setting close to local amenities and just 4 miles from Ferndown's town centre, this property is offered with no onward chain, enabling swift future investment potential.

Investment Analysis

(BH21 area)

Below Market Value

This property is priced -59.1% below area average per sq ft

-59.1%
Potential saving
This Property
£168/sq ft
Area Average
£411/sq ft
Avg Rent (weekly)
£348
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£617,946
10% above area average per sq ft
Potential ROI
+128.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Verwood Road, Three Legged Cross, 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
£830
Based on a loan of £172,500 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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