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Bere Regis, Wareham, Dorset, BH20

South East

£1,750,000
Listed on 03/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
4833 sqft

Description

This historic mill house, situated along the banks of the River Piddle, offers an exceptional opportunity for renovation and investment. Set in a tranquil location between Bere Regis and Wool, this Grade II listed property features a wealth of period details alongside spacious accommodation that is ripe for modernization. With approximately 4,833 sq ft of living space, the main house includes four large bedrooms and multiple reception areas with potential to create a highly desirable family home. The property retains many original features such as mill mechanisms visible in the entrance, which could be highlighted during refurbishment. Additionally, Mill Pond Cottage serves as an adjacent holiday let, providing a source of rental income while you undertake improvements on the main house. This property not only benefits from beautiful views over its own land but also comes with exclusive access to fishing along a renowned chalk stream that could enhance the appeal for nature lovers and outdoor enthusiasts. The surrounding area is known for its picturesque landscapes and proximity to key amenities in nearby towns like Dorchester and Wareham. Given the estate's ample grounds—nearly 30 acres—there's also potential for landscaping or developing outdoor recreational spaces that align with modern lifestyles. For buyers looking to invest in a property with character and potential, this unique offering is worth serious consideration.

Investment Analysis

(BH20 area)

Below Market Value

This property is priced -4.4% below area average per sq ft

-4.4%
Potential saving
This Property
£362/sq ft
Area Average
£379/sq ft
Avg Rent (weekly)
£296
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£2,014,080
10% above area average per sq ft
Potential ROI
+7.7%
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

Bere Regis, Wareham, Dorset, BH20
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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
£6,198
Based on a loan of £1,312,500 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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