Farcroft Road, Parkstone
South East
£400,000
Listed on 25/09/2026
Listed on 25/09/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
995 sqftFeatures
- Garden
- Parking
Description
This three-bedroom semi-detached house in Parkstone has a ground-floor sitting room with a front bay window, a separate study and a dining room opening to the rear garden through patio doors. The kitchen has extensive fitted storage, an integrated gas oven and hob, and space for additional appliances.
Upstairs are three bedrooms and a family bathroom with a bath and shower over, WC and wash basin. Outside, the south-facing rear garden includes patio and lawn areas. The listing notes potential to extend, subject to the necessary permissions. The property is freehold and in Council Tax Band D, with local shops, amenities and transport links nearby.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
44out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a generally well-kept three-bedroom semi with a usable south-facing garden, patio and established planting. The main value-add is selective modernisation: the timber-effect kitchen and some older finishes offer scope to refresh the look without the photos suggesting a major overhaul is needed. The listing also mentions possible extension potential, subject to planning, though feasibility is not established.
The price is the sticking point. At £400,000, the asking price is above the local £/sqf benchmark, and adding the indicated £6,000–£15,000 refurb range leaves the purchase-plus-works cost stretched against the local benchmark for this floor area. That comparison is with current local average value, not a forecast of the value after renovation, but it makes the numbers a weak fit for a value-led project.
Key opportunities
- Refresh the older-style kitchen cabinetry and finishes to give the main living space a more contemporary feel.
- Use the south-facing garden’s lawn, patio and established planting as an attractive outdoor space.
- Consider the extension potential mentioned in the listing, subject to planning and a separate feasibility check.
Key risks
- At the asking price, even the indicated light refurbishment leaves purchase-plus-works costs stretched against local benchmarks for this floor area.
- Total commitment could reach about £410,500 when purchase and the £10,500 refurb range are added together — around 15% above what similar-sized stock commands locally today; post-works value sits outside our data.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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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.
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