2-bedroom detached house · BH14 9LS
Listing removedListed 49 days
Opportunity summary
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About
Originally built in the Edwardian era for a local furniture depository, this exceptional building has been thoughtfully transformed into a striking and highly individual home.
The original warehouse comprised a two-storey furniture store alongside a single-storey stable block, with the current owner undertaking an extensive conversion in 1997.
The result is a characterful residence that combines impressive volume and architectural detail with a relaxed, contemporary feel.
Vaulted ceilings, exposed timber beams, original brickwork and reclaimed floorboards sit alongside French doors and roof lights, creating a wonderfully light and atmospheric interior.
At the heart of the home is an impressive 12-metre living space, centred around an oversized dual-opening wood-burning stove with exposed chimney stack.
A bespoke lime-washed kitchen with Belfast sink complements the rustic, pared-back aesthetic, while the open-plan arrangement offers considerable flexibility for the next owner to personalise the space.
The ground floor also provides a generous second bedroom, a beautifully appointed bathroom with freestanding bath and shower, and a spacious entrance hall incorporating a useful study area.
The original mezzanine has been retained, with a new pitched roof and exposed beams and rafters creating a dramatic principal bedroom suite with excellent ceiling height and an abundance of natural light.
The space incorporates an ensuite shower room and offers scope to reconfigure as a larger bathroom or two bedrooms, subject to the necessary consents.
Outside, the former warehouse yard has been transformed into a private, sheltered courtyard garden, with a single garage and parking for three cars. The location is equally compelling.
Set in the heart of sought-after Penn Hill, the property is moments from an increasingly cosmopolitan selection of restaurants, bars and independent amenities, while retaining the character and sense of community for which the area is renowned.
A rare opportunity to acquire a genuinely unique home, combining warehouse-style architecture, exceptional proportions and a highly desirable lifestyle setting.
Tenure: Freehold Council Tax Band: D (bcp Council) EPC rating: D Utilities: Mains Electricity, Gas, Water & Sewerage Heating: Gas Central Broadband & Mobile Signal: Refer to Ofcom website Please note: Some photographs have been digitally edited for marketing purposes to enhance presentation whilst accurately representing the accommodation.
Mays are part of the Property Ombudsman Scheme TPO - DO3138 Penn Hill is an attractive residential area located between Lower Parkstone and Branksome Park, known for its elevated position and village-style centre.
The Penn Hill parade offers a convenient collection of cafés, restaurants, bars and local shops, creating a lively yet relaxed community hub.
The area is particularly appealing to professionals and families thanks to its excellent schools and proximity to the coast.
Many homes in Penn Hill enjoy glimpses of Poole Harbour due to the area’s slightly elevated setting.
Property includes elegant character houses, spacious family homes and modern apartments, many located along quiet tree-lined streets.
The nearby villages of Ashley Cross and Canford Cliffs provide additional shopping and dining options, while the beaches at Branksome Chine and Sandbanks are only a short drive away.
With its convenient amenities, attractive housing and prime location, Penn Hill offers a highly desirable coastal lifestyle.
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 138a, The Old Store Parkstone Avenue, Penn Hill
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