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This property was removed from Dealsourcr.

2 Bed Flat, Refurb/BRRR, Bridport, DT6 5AZ £85,000

Princess Road, Bridport, Dorset, DT6 5AZ - 9 views - 2 years ago
  1. Deal Search
  2. Bridport
  3. DT6
  4. DT6 5AZ
Sold STC
Leasehold
Cash
Refurb/BRRR
ROI: 8%
~58 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Bridport
  • More Deals in DT6
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Bridport
  • More Refurb/BRRR Deals in DT6

Property History

Listed for £85,000

April 18, 2024

Floor Plans

Description

A spacious 2-bed 2nd floor flat within a Magna-controlled block with good natural light and superb views, in need of complete refurbishment, with outside shed and residents' parking. CASH BUYERS ONLY

SITUATION: The flat is located on the second floor within a large block of flats along the lower section of Princess Road with direct views over the allotments into South Street, with the Town Hall clock in view and distant hillside views particularly over Bothen Hill to the east.

The property is just a walk over the river bridge into the recreational playing field with path leading directly into South Street to the side of St Mary's Church.

There is a corner shop close by, a primary school and the leisure centre with indoor swimming pool and fitness suites, rugby and football clubs as well as tennis courts and outdoor bowls club. There are also many allotment gardens just across the road.

There are direct footpaths close by alongside the river into the coastal village of West Bay, a gateway to the Jurassic Coastline and South West Coastal Path.

THE PROPERTY was built in the 1960's and features mainly brick and clad elevations under a slate roof and spans 3-storeys with this flat located on the south-east corner on the top floor. We understand that this is the only privately-owned flat within the block. The fittings and decor date from the original build and there has been virtually no updating apart from the double-glazed windows and a more modern gas boiler.

The good-sized accommodation and provisions stand the test of time and allow a practical lifestyle opportunity but is now in need of complete refurbishment.

DIRECTIONS: From the centre of Bridport travelling south along South Street, turn right at the traffic lights at Morrisons and proceed up the hill and take the first right after the school into Alexandra Road. Take the second turning right into Princess Road and the property will be found on the left hand corner facing over the allotments.

THE ACCOMMODATION comprises the following:
Main entrance door to the block with staircase (no lift) rising to the second floor.
LANDING with windows affording good natural light to the landing and over the stairs. A private access door on the right opens to the:
ENTRANCE HALL with coat peg rack, cupboard housing an elderly Modairflow gas warm-air central heating system (regularly serviced).
LOUNGE/DINING ROOM with windows to the east and south affording extensive views.
KITCHEN with older-style fitted units and worksurfaces, sink unit and pantry cupboard. Further cupboard believed to house a hot water system.
DOUBLE BEDROOM 1 with views to the east over Bothen Hill,
DOUBLE BEDROOM 2.

OUTSIDE
There is a clothes drying area, bin storage area, outside shed and residents' parking.

SERVICES: All mains services are connected. Gas warm-air heating system. Old electrics. Gas boiler in kitchen providing hot water to the kitchen and bathroom. Separate gas warm air heating system (regularly serviced but needs replacement). Council Tax Band 'A'. Presently no Wi-fi provision but mobile signal is "good" for most networks.

RESTRICTIONS: There is a s157 occupancy restriction which carries on infinitum limiting purchase to those who have lived or worked in West Dorset for the last 3 years or be coming to the area for employment. (Others may apply.) Please contact the agent for further details of this.

TENURE: 125-year lease dating from 27.2.89. Service charges - presently £102.98 per month.

AGENT'S NOTE: The property is vacant and with no forward chain. The property is believed unmortgageable and therefore ONLY CASH BUYERS SHOULD APPLY.

TC/CC/1278/10424

Agent Details

Kennedys, Bridport

01308 800823

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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