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Sorrell Way, Christchurch, BH23

South East

£450,000
Listed on 31/03/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1168 sqft

Description

This two-bedroom detached bungalow is a promising investment opportunity, currently requiring modernization to unlock its full potential. The property features two spacious double bedrooms, a generous west-facing garden, and off-road parking with a driveway leading to a single garage. Accessed through a covered porch, the entrance hallway provides entry to all main areas of the home. To the right, you'll find a practical storage cupboard along with loft and airing cupboard access. A good-sized L-shaped living/dining room sits on the right side, showcasing an original fireplace and benefiting from natural light from dual aspects, allowing for versatile furniture arrangements and social gatherings. A hatch connects this area to the kitchen, which is fitted with essential wall-mounted units and offers space for an under-counter fridge/freezer. The additional multi-functional room adjacent to the kitchen presents an excellent opportunity for expansion; whether as a second lounge or utility space, it boasts triple-aspect views and direct access to the sizable garden. Both double bedrooms overlook the tranquil rear garden, with one featuring built-in wardrobes for added convenience. The bathroom faces some updating yet comprises essential fixtures—a bath with shower over—and is accompanied by a separate WC accessible from the hallway. Outside, the well-maintained tarmac driveway accommodates multiple vehicles while leading towards a single garage equipped with power supply. The rear garden provides ample space mainly laid to lawn with an adjoining patio area ideal for outdoor relaxation or entertainment. This property benefits from gas central heating and has all mains services connected but would require upgrades including broadband connectivity. With its manageable layout and location in the South East region, this bungalow offers significant renovation potential for those looking to create their ideal living space or investment property.

Investment Analysis

(BH23 area)

Below Market Value

This property is priced -9.9% below area average per sq ft

-9.9%
Potential saving
This Property
£385/sq ft
Area Average
£428/sq ft
Avg Rent (weekly)
£314
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£549,316
10% above area average per sq ft
Potential ROI
+12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
72
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BH23)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -1.7%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on BH23 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

Sorrell Way, Christchurch, BH23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,594
Based on a loan of £337,500 over 30 years at 3.91% 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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