2 Bed Flat, Single Let, Sherborne, DT9 4FL, £300,000

Portman Place, Sherborne, DT9 4FL - 5 views - a year ago

Sold STC
Leasehold
BTL
~71 m²
+5 photos

ValuationOvervalued

Sold Prices£105K - £330K
Sold Prices/m²£1.5K/m² - £5.4K/m²

 

 

Square Metres

~71.45 m²
Price/m²£4.2K/m²

Value Estimate

£154,982

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£18,700

Total Cash In

£93,700

 

 

Cash Out

 

Rent Range

£1 - £3,683

Rent Estimate

£653

Running Costs/mo

£1,088

Cashflow/mo

£-435

Cashflow/yr

£-5,221

Gross Yield

3%

Local Sold Prices

21 sold prices from £105K to £330K, average is £147K. £1.5K/m² to £5.4K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£255K10/200.14 miFlat 5, Greenhill Court, Greenhill, Sherborne, Dorset DT9 4EP2
£117K11/230.24 miFlat 26, Hillbrook Court, Acreman Street, Sherborne, Dorset DT9 3NZ2
£250K12/220.25 miFlat 1, Saffron Court, The Avenue, Sherborne, Dorset DT9 3AH2
£150K06/220.3 miFlat 11, Kings Court, Quarr Lane, Sherborne, Dorset DT9 4HT2
£130K06/210.3 miFlat 6, Kings Court, Quarr Lane, Sherborne, Dorset DT9 4HT2
£295K02/220.32 miFlat 3, Brecon House, Long Street, Sherborne, Dorset DT9 3BY2
£145K01/230.36 mi74, Mccreery Road, Sherborne, Dorset DT9 4DZ2
£312.5K04/210.43 mi13, Chandlers, Sherborne, Dorset DT9 3RT2
£285K04/220.48 miFlat 1, The Pageant, South Street, Sherborne, Dorset DT9 3LR2
£330K11/220.5 miFlat 8, The Pageant, South Street, Sherborne, Dorset DT9 3LR2
£330K07/230.52 miFlat 2, St. Antonys School House, Westbury, Sherborne, Dorset DT9 3QF2
£138K09/210.69 miFlat 12, Lenthay Court, Lenthay Road, Sherborne, Dorset DT9 6BQ2
£105K05/230.69 miFlat 10, Lenthay Court, Lenthay Road, Sherborne, Dorset DT9 6BQ2
£144K09/230.9 mi36, Littlefield, Sherborne, Dorset DT9 6AX2
£106K03/210.9 mi36, Littlefield, Sherborne, Dorset DT9 6AX2
£115K02/210.9 mi22, Littlefield, Sherborne, Dorset DT9 6AX2
£115K11/220.9 mi22, Littlefield, Sherborne, Dorset DT9 6AX2
£127K03/210.97 mi30, Westbridge Park, Sherborne, Dorset DT9 6BA2
£150K12/200.97 mi28, Westbridge Park, Sherborne, Dorset DT9 6BA2
£147K06/212.63 mi8, Old Tannery Way, Milborne Port, Sherborne, Somerset DT9 5GA2
£157.8K07/212.85 mi3, Wheathill Way, Milborne Port, Sherborne, Somerset DT9 5EZ2

Local Rents

50 rents from £1/mo to £3.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,75010/230.01 miPortman Place, Sherborne, Dorset, DT9 4FL4
£1,40005/240.08 miNewland, Sherborne3
£90012/230.09 mi-1
£1,20003/240.09 mi-1
£67503/240.11 miNewland, Sherborne, Dorset, DT91
£67502/240.14 mi-1
£65005/240.15 miGreenhill, Sherborne, DT91
£80011/230.2 mi-3
£1,50003/240.2 miFlat 1 Pencarrow, The Avenue, Sherborne, Dorset, DT9 3AJ3
£1,00003/240.22 miThe Avenue, Sherborne, DT91
£97503/240.28 mi3 Coombe Terrace, Sherborne, Dorset, DT9 4DA2
£1,25003/240.29 mi67 Acreman Street, Sherborne, Dorset, DT9 3PH3
£1,95003/240.29 miWisteria House, Long Street, Sherborne, Dorset, DT9 3BS4
£70003/240.3 miQuarr Lane, Sherborne2
£1,50004/240.34 miBede Street, Sherborne, Dorset, DT93
£1,50005/240.34 miBede Street, Sherborne, Dorset, DT93
£65003/240.35 miFinger Lane, Sherborne1
£1,15010/230.36 miGranville Way, Sherborne, Dorset, DT9 4AS3
£95003/250.36 mi-2
£1,75003/240.37 miThe Yews, Long Street, Sherborne, Dorset, DT9 3DD5
£1,59508/230.38 miThe Chantry, Marston Road, Sherborne, Dorset, DT9 4BL3
£1,20012/230.38 mi-3
£95002/240.38 mi-2
£1,19502/250.4 mi-2
£80005/240.4 mi-1
£80005/240.4 miCedar Park, Sherborne, DT91
£70005/240.42 miCedar Park, Granville Way, Sherborne1
£90003/240.42 miDigby Road, SHERBORNE2
£95010/230.43 mi94 Granville Way, Sherborne, Dorset, DT9 4AT3
£70004/240.43 miWestbury, Sherborne, Dorset, DT91
£87503/240.43 miGranville Way, Sherborne2
£1,15001/240.44 mi-2
£1,25004/240.44 mi5 Dairy Close, Sherborne, Dorset, DT9 4FR3
£1,85005/240.5 miSherborne3
£1,08501/240.52 mi-2
£105/240.52 miHorsecastles, Sherborne, Dorset, DT95
£2,17501/240.77 mi-4
£2,40003/240.84 miMildenhall Road, SHERBORNE4
£2,75003/240.84 miMildenhall Road, SHERBORNE4
£2,00005/240.93 miGainsborough Drive, Sherborne4
£1,60004/240.96 miAbbots Way, Sherborne, Dorset4
£1,10005/241.37 miOborne, Sherborne2
£1,10005/241.43 miHillside Cottage, Oborne, Sherborne, Dorset, DT92
£85003/242.13 miThe Three Elms, North Wootton, Sherborne2
£3,68303/242.13 miThe Three Elms, North Wootton, Sherborne2
£1,35003/242.28 miMillborne Port4
£1,40003/242.29 miMilborne Port3
£1,50004/242.29 miHanover View, Milborne Port, SHERBORNE3
£97501/252.32 mi-1
£97501/252.32 mi-1

Local Area Statistics

Population in DT9

20,760

Town centre distance

0.23 miles away

Nearest school

0.20 miles away

Nearest train station

0.54 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £300,000

November 10, 2023

Floor Plans

Description

  • 2 Bedrooms +
  • No Onward Chain +
  • Town Centre Location +
  • Views Across The Town +

A well propositioned two bedroom second floor Georgian style apartment with views across to the charming historic Sherborne Abbey. Offered with a no onward chain.

This sophisticated apartment was built as part of the high end Redcliffe development in 2012 and forms 1 of only three exclusive apartments within the development. The property is built in the Georgian style with large windows and high ceilings that further enhance the feeling of light and space that is evident throughout the property. The kitchen/living area is a contemporary open plan space with top floor views across to the beautiful historic Abbey. The kitchen is well equipped with base and wall units with under counter lights, AEG double oven and ceramic hob with an overhead extractor, one and a half bowl sink and drainer, dishwasher, under counter fridge and freezer along with a breakfast bar for dining.
The bedrooms are of an excellent double size proportion with both bedrooms greatly benefitting from built in wardrobes. The principle bedroom is served by an ensuite shower room whilst the second bedroom is served by the main bathroom fitted with a bath and hand held shower, WC, basin and heated towel rail.

Services
All mains services connected. Council Tax Band C.

Agents Note
The leaseholder has a third share of Sherborne House Garden Management Ltd, which has granted the lease of 125 years from 2013. 
There is a £150 per quarter service charge, payable for the maintenance of external areas. A further £150 per quarter is payable to Portman Place Sherborne Management Company for maintenance of communal areas and parking.

Portman Place lies just a few minutes’ walk from the top of Cheap Street, the historic Abbey town of Sherborne’s main thoroughfare, and within walking distance of many of the town’s amenities. Those amenities include a mainline railway station, two supermarkets, two doctors’ surgeries and a comprehensive range of shops, public houses and restaurants. The local regional centre of Yeovil lies within short motoring distance and with Sherborne provides an excellent range of cultural, recreational and shopping facilities. Sporting, walking and riding opportunities abound within the area while the region is well known for both its public and privately funded schooling. Communication links are good with the main line station at Sherborne linking directly with London Waterloo while road links are along the A303 joined at Wincanton giving swift access to London and the Home Counties along M3, M25 route.

To the front of the apartment there is a single parking space for the exclusive use of the apartment.

Agent Details

Greenslade Taylor Hunt, Sherborne

01935 313535

Next Steps?

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