3 Bed Terraced House, Planning Permission, Bridport, DT6 5HQ, £247,000

Cherry Tree, Bridport, Dorset, DT6 5HQ - 10 months ago

Planning
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£205K - £790K
Sold Prices/m²£2.3K/m² - £7.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£306,280
BMV24%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,750

Stamp Duty & Legal Fees

£8,610

Total Cash In

£70,360

 

 

Cash Out

 

Rent Range

£431 - £4,312

Rent Estimate

£663

Running Costs/mo

£924

Cashflow/mo

£-261

Cashflow/yr

£-3,138

Gross Yield

3%

Local Sold Prices

50 sold prices from £205K to £790K, average is £324.5K. £2.3K/m² to £7.8K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£240K03/210.02 mi66, Cherry Tree, Bridport, Dorset DT6 5HQ3
£238.5K04/210.05 mi69, Cherry Tree, Bridport, Dorset DT6 5HH3
£325K06/210.08 mi11, Mead Fields, Bridport, Dorset DT6 5RE3
£205K06/210.13 mi37, Court Orchard Road, Bridport, Dorset DT6 5EY3
£225K12/200.19 mi148, Orchard Crescent, Bridport, Dorset DT6 5HB3
£285K06/210.19 mi9, Parsonage Road, Bridport, Dorset DT6 5ET3
£339K09/220.21 mi161, Orchard Crescent, Bridport, Dorset DT6 5HB3
£340K02/230.23 mi11, Parsonage Road, Bridport, Dorset DT6 5ET3
£280K12/220.25 mi205, Orchard Avenue, Bridport, Dorset DT6 5RJ3
£232K11/200.26 mi6, Allington Terrace, Bridport, Dorset DT6 5EP3
£230K02/210.26 mi87, St Swithins Road, Bridport, Dorset DT6 5DF3
£695K03/230.35 mi4, Thomson Close, Bridport, Dorset DT6 5EU3
£345K11/210.38 mi44, North Allington, Bridport, Dorset DT6 5DY3
£265K11/220.39 mi4, North Mills, Bridport, Dorset DT6 3AH3
£240K11/200.4 mi13, Park Road, Bridport, Dorset DT6 5DA3
£790K07/230.4 miThe Dower House, Allington Park, Bridport, Dorset DT6 5DD3
£465K05/210.4 miInnisfree, Allington Park, Bridport, Dorset DT6 5DD3
£500K03/210.43 mi3, De Legh Grove, West Allington, Bridport, Dorset DT6 5QY3
£411K10/220.45 mi11, Houndsell Way, West Allington, Bridport, Dorset DT6 5QX3
£751.3K06/230.45 mi28, West Allington, Bridport, Dorset DT6 5BQ3
£436K10/200.46 mi5, St Cecilias Gardens, Bridport, Dorset DT6 3XF3
£250K03/210.47 mi133, Victoria Grove, Bridport, Dorset DT6 3AG3
£400K02/210.47 mi145a, Victoria Grove, Bridport, Dorset DT6 3AG3
£462.5K03/230.47 mi143, Victoria Grove, Bridport, Dorset DT6 3AG3
£425K02/210.49 mi14, West Mead, Bridport, Dorset DT6 5RU3
£500K12/210.49 mi22, West Mead, Bridport, Dorset DT6 5RU3
£560K09/210.5 miRawles Way, Osbourne Road, Bridport, Dorset DT6 3AN3
£342K04/210.53 mi9, Coneygar Close, Bridport, Dorset DT6 3AR3
£370K06/210.53 mi11, Coneygar Close, Bridport, Dorset DT6 3AR3
£450K09/210.53 mi10, Coneygar Close, Bridport, Dorset DT6 3AR3
£390K08/230.55 mi45, West Street, Bridport, Dorset DT6 3QW3
£550K09/230.59 mi18, Magdalen Lane, Bridport, Dorset DT6 5AB3
£390K10/220.64 mi29, Claremont Road, Bridport, Dorset DT6 3AY3
£285K12/200.65 mi15, Downes Street, Bridport, Dorset DT6 3JR3
£270K03/210.65 mi16, Alexandra Road, Bridport, Dorset DT6 5AG3
£260K05/210.65 mi20, Alexandra Road, Bridport, Dorset DT6 5AG3
£223K04/210.69 miAlbert Cottage, West Road, Bridport, Dorset DT6 5JU3
£262.5K07/230.69 mi3, Pine View, Bridport, Dorset DT6 5AE3
£285K05/230.69 mi26, Pine View, Bridport, Dorset DT6 5AE3
£280K07/230.71 mi32, Alexandra Road, Bridport, Dorset DT6 5AQ3
£221K12/200.73 mi68, Pine View, Bridport, Dorset DT6 5AF3
£385K05/230.75 mi4, Spinning Way, Bridport, Dorset DT6 3LD3
£430K12/220.75 miMarlesford, St Andrews Road, Bridport, Dorset DT6 3BG3
£285K11/220.77 mi28, Coronation Road, Bridport, Dorset DT6 5AR3
£284.9K02/210.79 mi4, Cordova Gardens, Bridport, Dorset DT6 3NG3
£240K09/210.79 mi21, Church Street, Bridport, Dorset DT6 3PS3
£245K06/230.8 mi6, Gale Crescent, Bridport, Dorset DT6 5BB3
£324K07/230.81 mi4, Suttil Crescent, Pymore, Bridport, Dorset DT6 5QU3
£305K06/210.81 mi4, New Zealand Terrace, Bridport, Dorset DT6 3PW3
£390K02/210.81 mi24, St Katherines Avenue, Bridport, Dorset DT6 3DE3

Local Rents

50 rents from £431/mo to £4.3K/mo, average is £873/mo.

RentDateDistanceAddressBeds 
£43106/230.23 mi-1
£72004/240.24 miNorth Allington, Bridport1
£65001/240.27 mi-1
£65008/240.27 mi-1
£77503/240.36 miBridport Town1
£85003/240.42 miBridport2
£1,00005/240.47 miBridport3
£95011/240.48 mi-2
£79512/240.48 miWest Court, Bridport2
£97504/240.49 miBridport2
£2,50004/240.5 miWest Allington, Bridport6
£85005/230.5 mi-2
£70004/240.52 miBridport1
£1,05003/240.56 miConeygar Close, Bridport2
£1,00005/240.61 miBridport2
£1,30004/240.63 miBridport3
£85010/240.64 mi-1
£60003/240.64 miBridport1
£75003/240.7 miBridport1
£1,00004/240.71 miBridport Town Centre2
£75006/230.74 mi-1
£67505/240.74 mi-2
£67504/240.74 miBarrack Street, Bridport, DT62
£85005/240.74 mi-2
£79503/250.75 mi-1
£82503/240.77 miChurch Street, Bridport2
£72503/240.78 miBridport1
£76003/240.78 miSouth Street, Bridport2
£92503/240.79 miPymore1
£1,45010/240.8 mi-4
£1,30005/230.8 mi-4
£89504/240.83 mi83 South Street, Bridport, DT6 3NZ1
£1,46004/240.83 miNew Zealand Farm Close, Bridport, DT6 3FR3
£95012/240.85 miEast Street, Bridport2
£90007/230.85 mi-2
£1,00003/250.88 mi-2
£1,09504/240.93 miSouth Mill Lane, Bridport1
£90003/240.95 miBridport2
£80006/230.98 mi-1
£77503/240.99 miAlexandra Court, Bridport2
£70003/241 mi-2
£85011/231.06 mi-2
£77505/241.08 miHappy Island Way, Bridport1
£1,30003/241.13 miBridport3
£1,10009/231.15 mi-2
£1,10010/231.15 mi-2
£1,50004/241.16 miEast Street - Bridport4
£97503/241.26 miBridport2
£4,31203/241.29 miHoward Road, Bothenhampton2
£99504/241.3 miHoward Road, Bothenhampton, Bridport2

Local Area Statistics

Population in DT6

21,663

Town centre distance

0.52 miles away

Nearest school

0.50 miles away

Nearest train station

9.07 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Price changed to £247,000

November 8, 2024

Listed for £260,000

June 5, 2024

Floor Plans

Description

An ex-local authority terraced 3-bed family house offering scope for improvement, with enclosed rear garden, in quiet cul-de-sac close to country walks and about 1 mile from the town centre

SITUATION: The property is one of terrace of similar properties located in a quiet cul-de-sac on the north-western fringe of Bridport. There is a recreational ground close by together with Woodland Trust public open space and walks over Allington Hill. There is a bus service from the bottom of the road into town and there are cut-through walks to both primary and secondary schools.

Bridport town centre has a good range of shops with a twice-weekly street market, artists' and vintage quadrant, Electric Palace theatre/cinema and leisure centre with indoor swimming pool. The doctors and dentists lie approximately a mile distant together with Waitrose and the bus station.

The coast at West Bay lies some 3 miles away by road, but there is also close by access onto footpaths/cycle routes directly to the coast.

THE PROPERTY comprises a mid-terrace house featuring brick elevations under a concrete tiled roof dating from the 1960's and was a former council house. It was updated in the 1980's and has been well maintained but little improved since. The property has uPVC double-glazed windows and doors bringing a good degree of natural light to the interior and electric heating with mainly serviceable fittings. However, there is good scope for cosmetic improvement and potential for adding a conservatory and creating a car parking space to the frontage, subject to any necessary planning permissions.

There are delightful views over the town (including the Town Clock) to the distant hillsides with skyscapes above. Whilst the garden lies on the north side, it is part-bathed in sunshine for most of the day and is of a good size and well enclosed with a back entrance.

The property is offered with vacant possession and no forward chain.

DIRECTIONS: From the centre of Bridport travelling west along West Street, take the right-hand turn off the second mini-roundabout into North Allington (signposted to Salwayash). Towards the end of the built-up area, turn left into Hospital Lane and then first right into Cherry Tree. The property is tucked within the first right-hand cul-de-sac.

THE ACCOMMODATION comprises:
UPVC partly-glazed front entrance door with side pane, opening into:
FRONT PORCH part UPVC glazed and with wooden cladding to the interior, with entrance door to:
HALL with laminate floor and dog-leg staircase rising to the first floor with understairs' storage cupboard to the base and wooden strut balustrading.
OFFICE/SINGLE BEDROOM with obscure-glazed window to the front. Modern electric consumer unit.
LIVING ROOM with front bay window to the south.
KITCHEN/DINING ROOM being a through room with ceramic-tiled floor, semi-divided by a wide archway. The kitchen area is fitted with an older-style range of solid pine units comprising wall units and base cupboards and drawers with work surfaces over and incorporating a hob and one-and-a-half bowl single drainer stainless steel sink unit with mixer tap and window above looking into the garden, tiled splashbacks and an integrated waist height oven in cupboard housing (not in working order). Space for upright fridge/freezer.
The dining area has a window into the rear garden and adjoining French door opening onto the rear patio. Part wood-panelled walls and five large solid wood display shelves.
FIRST FLOOR
LANDING with access trap to the roof space (no ladder or light fitted). Built-in airing cupboard with hot water tank fitted with an electric immersion heater and slatted shelves.
BEDROOM 1: A double bedroom with large window section to the south affording far-reaching views.
BEDROOM 2: Another double, facing north with laminate flooring.
BEDROOM 3: A generous single bedroom facing south and commanding views to distant wooded hillsides.
SHOWER ROOM with older-style suite comprising a shower cubicle with Mira shower unit and folding doors, pedestal basin and low level WC. Half-tiled walls, Dimplex wall-mounted fan heater and obscure-glazed window to the rear.

OUTSIDE
There is an attractive paved area to the front extending from the pavement to the front door.

The rear garden is well enclosed with wooden fencing and has a back pedestrian gate giving access to a pathway around the back of the terrace and ideal for removing garden waste, etc. This garden comprises a large paved patio section against the rear of the property and where there is an outside tap. A side, small-stepped pathway to the side leads to a lawned area with established shrubs and bushes, leading to a further paved area to the rear (ideal for sunbathing) and where there is an old wooden shed.

SERVICES: Mains water, electricity and drainage. There is no mains gas connected. Electric heating. BT telephone point. Council Tax Band 'B'.

Mobile phone coverage from 2 main providers is limited - O2 and Vodaphone.

Superfast fibre broadband 80-20 mbps download speeds available with Openreach.

OCCUPANCY RESTRICTION: The property is subject to a s.157 which restricts occupancy to those who have worked or lived in West Dorset for the last 3 years or those coming to the area for employment. Other reasons may be considered subject to application with Magna Housing Association. Please contact your Solicitor/the Agents for further clarification if required.

TC/CC/KEA240038/1624

Agent Details

Kennedys, Bridport

01308 800823

Next Steps?

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