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Parkway Drive, Bournemouth, BH8

South East

£475,000

Listed on 18/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1025 sqft

Description

This detached bungalow sits in a serene, tree-lined street of Queen’s Park, presenting great potential for renovation and investment. Spanning over 1,000 sq ft, the property features a versatile layout with an option for 2 or 3 bedrooms, making it adaptable to various living arrangements. The elevated position not only provides privacy but also picturesque views of the surrounding greenery. Enhancements to the existing space could elevate its value considerably. Upon entering, you are greeted by a spacious hallway that includes two sizeable storage cupboards, which could be converted into additional facilities like a WC, depending on your needs. The main living area is warm and inviting, anchored by a charming fireplace and complemented by a large bay window that maximizes natural light and captures the lovely outlook. The dining room offers flexible usage alongside sliding door access to the garden—ideal for creating an open-plan feel or maintaining defined spaces based on preference. Both double bedrooms are generously sized; the master bedroom enjoys direct access to an appealing sun terrace via French doors—a perfect spot for leisure. Importantly, the dining room can easily serve as a third bedroom, reflecting its adaptability for multi-generational living or rental opportunities (subject to planning permission). The luxurious bathroom features contemporary finishes while providing a spa-like experience. The kitchen is already quite functional but may benefit from modern updates to increase its appeal further. The landscaped rear garden with multiple tiers stands out as a low-maintenance outdoor retreat ideal for relaxation and socialising. A thoughtfully designed patio connects seamlessly to terraced seating areas tailored for enjoyment in different weather conditions. Additionally, there is substantial scope to convert the loft into usable living space (STPP), further enhancing property value. The garage provides ample storage currently utilized as a gym, but it also opens possibilities for alternative uses. With good transport links and proximity to local amenities including schools and parks appealing to families and professionals alike, this property represents an excellent opportunity for anyone looking to invest in renovation with significant upside potential.

Investment Analysis

(BH8 area)

Above Market Value

This property is priced +33.9% above area average per sq ft

+33.9%
This Property
£463/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£366
Avg Yield
5.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£390,228
10% above area average per sq ft
Potential ROI
-30.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BH8)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -0.2%
5 year growth: -1.9%
Investment Disclaimer: Analysis based on BH8 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

Parkway Drive, Bournemouth, BH8
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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
£1,794
Based on a loan of £356,250 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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