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Preston Way, Christchurch BH23

South East

£355,000

Listed on 15/06/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow
Area
1109 sqft

Description

This semi-detached bungalow, located in a desirable area of Christchurch, presents a valuable opportunity for those looking to invest in a property with significant renovation potential. Spanning approximately 1,249 sq ft, the accommodation features a spacious sitting/dining room, a fitted kitchen, three bedrooms, a shower room, and a separate WC. The conservatory offers pleasant views of the rear garden, which along with front and rear gardens provides ample space for landscaping enhancements. With both garage and driveway parking available, this property is well-suited for families or those seeking additional outdoor space. While it requires modernisation to fully realise its potential, this bungalow holds promise for creating a comfortable living space tailored to personal tastes. Its convenient location ensures easy access to local amenities and transport links while being close to the stunning coastline and countryside of the South East.

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 BH23
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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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