Worst House on the Street Logo
Alcester Road, Poole, Dorset - Image 1
Alcester Road, Poole, Dorset - Image 2
Alcester Road, Poole, Dorset - Image 3
Alcester Road, Poole, Dorset - Image 4
Alcester Road, Poole, Dorset - Image 5
Alcester Road, Poole, Dorset - Image 6
Alcester Road, Poole, Dorset - Image 7
Alcester Road, Poole, Dorset - Image 8
Alcester Road, Poole, Dorset - Image 9
Alcester Road, Poole, Dorset - Image 10
Alcester Road, Poole, Dorset - Image 11
Alcester Road, Poole, Dorset - Image 12
Alcester Road, Poole, Dorset - Image 13
Alcester Road, Poole, Dorset - Image 14
Alcester Road, Poole, Dorset - Image 15
Alcester Road, Poole, Dorset - Image 16
Alcester Road, Poole, Dorset - Image 17
Alcester Road, Poole, Dorset - Image 18
Alcester Road, Poole, Dorset - Image 19
Alcester Road, Poole, Dorset - Image 20
Alcester Road, Poole, Dorset - Image 21
Alcester Road, Poole, Dorset - Image 22
Alcester Road, Poole, Dorset - Image 23
Alcester Road, Poole, Dorset - Image 24
Alcester Road, Poole, Dorset - Image 25
Alcester Road, Poole, Dorset - Image 26

Alcester Road, Poole, Dorset

South East

£550,000
Listed on 09/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
689 sqft

Description

This two-storey freehold building on Alcester Road presents a valuable investment opportunity, featuring two self-contained flats being sold as a single entity. Positioned in the tranquil residential area of Parkstone, Poole, the property is situated in a sought-after location with significant potential for enhancement. Both flats require comprehensive modernisation, providing a canvas for investors and developers to increase capital value and rental income through thoughtful renovations. The existing layout, which includes separate entrances and generous space across both floors, is well-suited for either a full refurbishment or conversion into a House in Multiple Occupation (HMO). The ground floor boasts a spacious lounge, two double bedrooms, and a kitchen alongside the convenience of two WCs. Meanwhile, the upper flat offers its own private entrance with an inviting living area and two double bedrooms complemented by a dedicated bathroom. Additional benefits include two garage spaces; one of these features two further rooms that could be repurposed into home offices or workshops, adding to the property's versatility.

Investment Analysis

(BH12 area)

Above Market Value

This property is priced +125.6% above area average per sq ft

+125.6%
This Property
£798/sq ft
Area Average
£354/sq ft
Avg Rent (weekly)
£302
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£268,221
10% above area average per sq ft
Potential ROI
-58.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (BH12)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -2.3%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on BH12 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

Alcester Road, Poole, Dorset
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,948
Based on a loan of £412,500 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.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates