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Goodwin's Lane, East Morden, Wareham - Image 1
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Goodwin's Lane, East Morden, Wareham

South East

£350,000
Listed on 02/04/2026

Property Details

Bedrooms
2
Type
Detached
Area
891 sqft

Description

This charming detached period cottage offers a unique opportunity for significant renovation and potential expansion, subject to planning consent. Nestled within approximately 0.80 acres of tranquil rural land on the outskirts of East Morden, the property presents an inviting project for those looking to create their dream home. The existing layout encompasses two reception rooms, a kitchen, a bathroom, and an entrance hall on the ground floor, alongside two bedrooms upstairs. An attached stable/store adds further possibilities for integration into the main living space, enhancing the overall accommodation. While the property's brick and stone/flint construction boasts a clay tiled roof—partially renewed in recent years—the interior requires complete refurbishment to unlock its full potential. Outside, the grounds are adorned with scenic views over Everetts Wood and include a small paddock area perfect for various uses. While East Morden village is conveniently close, providing local amenities and access to larger centers like Wareham and Poole, this picturesque location also affords easy road connections via major routes. Note that prospective buyers should factor in potential costs associated with drainage system upgrades due to current non-compliance with regulations.

Investment Analysis

(BH20 area)

Above Market Value

This property is priced +3.7% above area average per sq ft

+3.7%
This Property
£393/sq ft
Area Average
£379/sq ft
Avg Rent (weekly)
£296
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£371,311
10% above area average per sq ft
Potential ROI
-15.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (BH20)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +0.3%
5 year growth: +7.6%
Investment Disclaimer: Analysis based on BH20 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

Goodwin's Lane, East Morden, Wareham
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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
£1,240
Based on a loan of £262,500 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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