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Merley Lane, Wimborne, BH21

South East

£650,000
Listed on 01/04/2026

Property Details

Bedrooms
4
Type
Chalet
Area
2131 sqft

Description

This spacious four-bedroom detached chalet bungalow is located in the central area of Merley, offering significant renovation and development potential. The property features a favorable southerly rear aspect, along with a detached double garage and the advantage of no forward chain, making it an attractive option for investors or those looking to create their dream home. Nestled along Merley Lane, this home reflects the charm of its traditional neighborhood while showcasing generous living spaces that can adapt to various lifestyles. The current layout includes an open-plan living/dining room, a kitchen, a gentleman's study, a family bathroom, and two ground-floor double bedrooms—one serving as the principal suite complete with a dressing area and en-suite bathroom. The first floor presents an additional spacious double bedroom with its own en-suite, providing flexibility for family living or potential rental income. Outdoors, the elevated plot offers privacy with well-maintained gardens both front and back, ideal for enhancing outdoor living space. The rear garden boasts a patio that captures ample sunlight thanks to its south-facing orientation. Furthermore, with opportunities for extensions or modifications (subject to planning permission), this property represents a promising investment in a desirable location within close proximity to Wimborne's vibrant market town amenities.

Investment Analysis

(BH21 area)

Below Market Value

This property is priced -25.2% below area average per sq ft

-25.2%
Potential saving
This Property
£305/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£349
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£955,924
10% above area average per sq ft
Potential ROI
+30.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (BH21)

Area prices are falling by -3.5% over the last 12 months
3 year growth: -8.5%
5 year growth: +4.7%
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

Merley Lane, Wimborne, BH21
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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
£2,302
Based on a loan of £487,500 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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