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Munster Road, Lower Parkstone

South East

£1,195,000

Listed on 22/05/2026

Property Details

Bedrooms
6
Type
Detached
Area
3617 sqft

Description

This charming pre-war property, set within a desirable area of Lower Parkstone, boasts nearly 4,000 sq ft of potential living space on a generous and sequestered plot. Currently offering up to six bedrooms and four bathrooms along with versatile communal areas—including a spacious kitchen/dining room and an additional study—this residence presents an opportunity for significant refurbishment. The character-rich home is in need of comprehensive renovation throughout, allowing prospective buyers to reimagine and restore it into a modern family haven while retaining its historic appeal. Furthermore, the upper floor provides glimpses towards the harbour, adding to the ambiance of this exceptional locale. For investors and developers, there is also existing planning permission for the demolition of the current structure and the construction of two detached homes, making this property an attractive investment prospect in a highly coveted setting.

Investment Analysis

(BH14 area)

Below Market Value

This property is priced -23.4% below area average per sq ft

-23.4%
Potential saving
This Property
£330/sq ft
Area Average
£431/sq ft
Avg Rent (weekly)
£303
Avg Yield
2.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,716,411
10% above area average per sq ft
Potential ROI
+18.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BH14)

Area prices are rising by +6.7% over the last 12 months
3 year growth: -2.2%
5 year growth: +1.7%
Investment Disclaimer: Analysis based on BH14 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

Munster Road, Lower Parkstone
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,263
Based on a loan of £896,250 over 30 years at 3.97% 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

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