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Lansdowne Road, Bournemouth, Dorset, BH1 - Image 1
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Lansdowne Road, Bournemouth, Dorset, BH1

South East

£1,250,000
Listed on 31/05/2024

Property Details

Bedrooms
8
Type
Detached house
Area
4387 sqft

Description

This Victorian detached house, built around 1880, presents a significant renovation and investment opportunity. Set within approximately 0.5 acres of beautifully landscaped gardens, the property is ripe for transformation and immediate modernisation efforts. The grounds are adorned with various mature shrubs and trees that have been lovingly cultivated by the previous owners over decades. Positioned conveniently within walking distance to local shopping amenities and the Bournemouth Travel Interchange, this location offers direct rail connections to London Waterloo in about one hour and forty-eight minutes. Additionally, easy access to Bournemouth Town Centre ensures residents can enjoy a diverse range of shopping, dining, and entertainment options, as well as the famed seven miles of sandy beaches that characterize the area. The house itself features classic brick elevations complemented by stone mullion windows beneath a slate roof. With a layout spread across three floors plus a cellar, the property has seen minimal updates over the past 64 years. It includes a reception hall, multiple reception rooms—such as a sitting room, morning room, and dining room—a kitchen, study, ground-floor bathroom, and a first-floor landing leading to six bedrooms with an additional bathroom and cloakroom. Two more attic bedrooms offer flexibility for use or further development. In addition to its main structure, there are attached outbuildings housing garden stores and a prefabricated double garage. Off-road parking is available along with ample outdoor space that could be further enhanced with thoughtful landscaping or new construction. Recent consultations with James Roberts of Arc Architects have explored potential redevelopment possibilities for the site. Proposed plans include converting the main house into two semi-detached units while also considering development options for cottage-style coach houses in the rear garden and an additional detached cottage on the eastern boundary. While initial sketches are available from the selling agent, any future alterations would require compliance with local planning regulations. Overall, this property not only offers substantial living space but also holds significant investment potential in an increasingly sought-after location. Council Tax Band G; Energy Performance Rating G.

Investment Analysis

(BH1 area)

Below Market Value

This property is priced -6.4% below area average per sq ft

-6.4%
Potential saving
This Property
£285/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£254
Avg Yield
5.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £300,000
Target Value
£1,469,667
10% above area average per sq ft
Potential ROI
-5.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BH1)

Area prices are falling by +3.7% over the last 12 months
3 year growth: 1.6%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on BH1 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

Lansdowne Road, Bournemouth, Dorset, BH1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£4,579
Based on a loan of £937,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE