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Park Lane, Bournemouth

South East

£400,000

Listed on 13/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
949 sqft

Description

This detached chalet-style residence offers significant renovation potential and is set on a generous wrap-around plot. With three bedrooms and two reception areas, the property features a spacious layout, ideal for future enhancements. The entrance leads to a sizable hallway that connects to all main ground floor rooms. The living room benefits from a large side bow window, providing ample natural light, while the separate dining room has its own side aspect window. The kitchen is equipped with dual aspect windows and includes wall and floor-mounted units along with essential appliances like a gas hob. Some modernization will be required here to update functionality and aesthetics. Ground-floor facilities also include a double bedroom, bathroom, and an additional WC. Upstairs, a small landing gives access to two further bedrooms. Outside, the property boasts valuable off-road parking at the front and an old driveway leading to a garage at the rear. The outdoor space features a sizeable paved terrace and garden area that includes lawns with various shrubs and fruit trees—providing excellent scope for landscaping improvements. This home stands as an investment opportunity in need of modernizing, ideally suited for those looking to add value through refurbishment in a sought-after South East location.

Investment Analysis

(BH10 area)

Above Market Value

This property is priced +15.3% above area average per sq ft

+15.3%
This Property
£421/sq ft
Area Average
£366/sq ft
Avg Rent (weekly)
£442
Avg Yield
6.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£381,754
10% above area average per sq ft
Potential ROI
-13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BH10)

Area prices are rising by +6.9% over the last 12 months
3 year growth: -2.3%
5 year growth: +16.4%
Investment Disclaimer: Analysis based on BH10 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

Park Lane, Bournemouth
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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
£1,511
Based on a loan of £300,000 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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