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Olivers Way, Colehill BH21 - Image 1
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Olivers Way, Colehill BH21

South East

£450,000
Listed on 19/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1090 sqft

Description

This three-bedroom detached bungalow presents a prime opportunity for renovation within the sought-after Colehill area. Nestled on a corner plot in a quiet cul-de-sac, the property features a spacious sitting/dining room with dual aspect windows and access to the garden via patio doors. The kitchen, equipped with base and eye-level units, is spacious enough to accommodate necessary updates while maintaining practical functionality. Each of the three bedrooms offers ample space, with the main bedroom benefiting from built-in wardrobes. The shower room and separate cloakroom provide additional convenience but would benefit from modern upgrades. Externally, off-road parking and a garage enhance the property's appeal, while the private garden features both lawn areas and established borders ideal for landscaping improvements. With double glazing and gas heating already in place, there's a solid foundation for further enhancements. This property is offered with no forward chain, allowing for swift decision-making in this well-connected location near local amenities and only three miles from Wimborne's extensive facilities. Ideal for investors or those looking to create their dream home through thoughtful renovations.

Investment Analysis

(BH21 area)

Below Market Value

This property is priced -0.7% below area average per sq ft

-0.7%
Potential saving
This Property
£413/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£324
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£498,424
10% above area average per sq ft
Potential ROI
+1.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BH21)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -5.3%
5 year growth: 7.6%
Investment Disclaimer: Analysis based on BH21 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

Olivers Way, Colehill BH21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE