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Preston Way, Christchurch

South East

£355,000

Listed on 08/06/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow
Area
1109 sqft

Description

This semi-detached bungalow, located in a well-regarded residential area of Christchurch, presents a unique opportunity for renovation enthusiasts and investors. Spanning approximately 1,249 sq ft, the property features a garage and a conservatory, alongside spacious living areas waiting for personal touches. The layout includes a generous sitting/dining room, three bedrooms, a fitted kitchen, and both a shower room and separate WC. The conservatory offers pleasant views of the rear garden, which is ripe for landscaping to enhance outdoor enjoyment. While the interior would benefit from modernization, it provides an excellent canvas to create a stylish contemporary home tailored to individual preferences. Furthermore, its proximity to local amenities, public transport links, and the scenic coastline adds significant appeal for potential buyers seeking a location that balances convenience with leisure.

Investment Analysis

(BH23 area)

Below Market Value

This property is priced -24.7% below area average per sq ft

-24.7%
Potential saving
This Property
£320/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£315
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£518,823
10% above area average per sq ft
Potential ROI
+31.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
69
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BH23)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -2.9%
5 year growth: +9.3%
Investment Disclaimer: Analysis based on BH23 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

Preston Way, Christchurch
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,341
Based on a loan of £266,250 over 30 years at 4.45% 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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