Nine-apartment scheme near Charminster high street with strong transport and seaside access.
Outline planning for nine one- and two-bedroom apartments granted (7-2021-25256-A)
Freehold plot on a large, detached site close to Charminster High Street
Estimated resale values provided for each flat to aid financial modelling
Demolition of existing Edwardian house required before redevelopment
£45,000 share of freehold payable in addition to purchase price
Planning is outline only — reserved matters and conditions remain
Area shows pockets of deprivation; rental and sale values may vary
No flood risk; broadband and mobile signals are strong
This freehold plot on Lowther Road is being offered with outline planning permission (7-2021-25256-A) to demolish the existing detached house and construct nine new one- and two-bedroom apartments with private and communal gardens. The permission and the large plot size make the site suitable for short-term or long-term rental schemes, or resale as individual flats once built. Estimated re-sale values are provided for each unit to help model return scenarios.
The location sits close to Charminster High Street and within easy reach of Bournemouth town centre, mainline rail links and the seafront — useful for both rental demand and buyer appeal. Broadband and mobile signal are strong, and there is no flood risk recorded. An adjoining site with the same outline consent is available separately, which may suit purchasers looking to expand scale.
Key risks and costs are straightforward: the consent is outline rather than full planning, so reserved matters and any conditions must be discharged before construction. The existing building will require demolition; construction and developer costs are not included in the asking price. A £45,000 share-of-freehold figure is noted separately and should be budgeted for. The wider area shows some deprivation, which may affect achievable rents or sale prices in parts of the market.
This lot is aimed at a developer or investor comfortable with a medium-scale new-build project. It offers clear value drivers — freehold title, pre-existing outline consent and a large plot in a well-connected part of Charminster — balanced against the usual build, planning and market risks that accompany redevelopment sites.
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