3-bedroom bungalow · BH21 1RT
Sold STCReduced £50k (−9.1%) on 24 JunListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well proportioned, three bedroom, detached bungalow positioned on a generous plot and boasting tremendous scope for a purchaser to put their own stamp on the home as well as extend (STPP).
No forward chain. Property Description Ivy Road is positioned on the fringes of Merley, neatly located between Broadstone and Wimborne with their wealth of shopping and entertainment facilities.
Furthermore, Ivy Road runs alongside the Castleman trailway which links both and also gives access to Delph Woods, which is ideal for dog walkers and families alike.
The bungalow originally dates from the late 1930’s and has been within its current custodian's family for nearly 60 years.
Positioned on a wide, generous plot, the property has scope, not only to be modernised, but also extended (STPP), allowing any prospective purchaser to truly put their own stamp on the home.
The accommodation currently offers a living room, dining room, three bedrooms, kitchen, bathroom, purpose built conservatory and separate cloakroom.
Furthermore, the home has been double glazed and has night storage heating, however, a gas connection is available in the road.
Gardens And Grounds The property is positioned centrally within its plot which has a south to south- easterly orientation and approaching 1/4 of an acre.
The gardens are primarily laid to lawn with mature borders and there is a detached double garage with an up and over style door and benefiting from power and light.
Location Wimborne is a vibrant and thriving market town in East Dorset with a comprehensive mix of shopping facilities, restaurants, and attractions to appeal to everyone.
Easily accessed by car from all directions via the A31, A35 and B3081 Wimborne has great public transport links to Bournemouth, Poole and surrounding areas including a comprehensive network of bus routes.
Wimborne is immersed in a varied history, preserved and on-show in the c.705 ad Minster Church of Cuthburga with its chained library which is one of only four world-wide.
The beautiful twin towers of the Minster provide an elegant backdrop to the town’s historic architecture.
Wimborne is well served by an excellent range of services for residents including doctors, a local hospital, sought-after schools and strong health and social care.
Leisure facilities are well catered for and the town is within easy access to the county’s areas of outstanding natural beauty offering miles of bridleways, footpaths and coastal routes t...
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 1, Ivy Road, Wimborne
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