2 Bed Flat, Single Let, Bridport, DT6 5BD, £179,500

Edgehill Road, Bridport, Dorset, DT6 5BD - 8 months ago

Leasehold
BTL
~65 m²
+15 photos

ValuationUndervalued

Sold Prices£120K - £620K
Sold Prices/m²£2.1K/m² - £3.7K/m²

 

 

Square Metres

~64.60 m²
Price/m²£2.8K/m²

Value Estimate

£185,302
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,875

Stamp Duty & Legal Fees

£10,175

Total Cash In

£55,050

 

 

Cash Out

 

Rent Range

£675 - £6,717

Rent Estimate

£700

Running Costs/mo

£721

Cashflow/mo

£-21

Cashflow/yr

£-251

Gross Yield

5%

Local Sold Prices

37 sold prices from £120K to £620K, average is £180K. £2.1K/m² to £3.7K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£198K10/230.04 mi29, Coronation Road, Bridport, Dorset DT6 5AS2
£140K10/220.12 mi91, Alexandra Road, Bridport, Dorset DT6 5AH2
£137K07/210.15 mi39, Alexandra Court, Bridport, Dorset DT6 5QP2
£141K04/210.15 mi15, Alexandra Court, Bridport, Dorset DT6 5QP2
£122.5K11/210.17 mi30, Arrowfield, Bridport, Dorset DT6 5HL2
£155K12/200.34 miFlat 2, Rope Court, West Allington, Bridport, Dorset DT6 5BL2
£140K04/210.34 miFlat 7, The Strand, West Allington, Bridport, Dorset DT6 5BL2
£160K04/230.34 miFlat 11, The Strand, West Allington, Bridport, Dorset DT6 5BL2
£160K01/230.34 miFlat 5, The Strand, West Allington, Bridport, Dorset DT6 5BL2
£195K09/210.39 mi5, West Court, Bridport, Dorset DT6 5BX2
£210K04/230.39 mi18, West Court, Bridport, Dorset DT6 5BX2
£166K06/210.39 mi16, West Court, Bridport, Dorset DT6 5BX2
£125K12/200.39 mi49d, South Street, Bridport, Dorset DT6 3NY2
£180K03/210.41 miFlat 1, Folly Mill Lodge, South Street, Bridport, Dorset DT6 3QS2
£200K03/210.41 miFlat 20, Folly Mill Lodge, South Street, Bridport, Dorset DT6 3QS2
£180K09/210.41 miFlat 29, Folly Mill Lodge, South Street, Bridport, Dorset DT6 3QS2
£214K09/220.43 miFlat 5, St. Swithins Court, St Swithins Road, Bridport, Dorset DT6 5DG2
£185K02/230.43 miFlat 15, St. Swithins Court, St Swithins Road, Bridport, Dorset DT6 5DG2
£182K05/210.45 mi21, Park Road, Bridport, Dorset DT6 5DA2
£148.5K12/200.47 mi2, Chardsmead Road, Bridport, Dorset DT6 3EY2
£165K10/200.55 mi3, Meadow Court, Bridport, Dorset DT6 3UW2
£160K06/230.55 mi21, Meadow Court, Bridport, Dorset DT6 3UW2
£135K10/200.55 mi28, Meadow Court, Bridport, Dorset DT6 3UW2
£135K02/230.55 mi16, Meadow Court, Bridport, Dorset DT6 3UW2
£186.5K10/220.55 mi5, Meadow Court, Bridport, Dorset DT6 3UW2
£120K02/230.58 mi23, Meadow Court, Bridport, Dorset DT6 3UW2
£620K06/210.58 mi96, West Bay Road, Bridport, Dorset DT6 4AX2
£160K02/210.61 miFlat 3, Hannah Court, North Allington, Bridport, Dorset DT6 5DZ2
£275K03/210.63 mi95, Victoria Grove, Bridport, Dorset DT6 3AE2
£303K09/210.65 miFlat 14, Port Bredy, Barrack Street, Bridport, Dorset DT6 3PT2
£340K04/230.65 miFlat 2, Port Bredy, Barrack Street, Bridport, Dorset DT6 3PT2
£345K05/210.67 miFlat 6, Brydian Court, Barrack Street, Bridport, Dorset DT6 3LN2
£297.5K03/210.68 miFlat 12, Brydian Court, Barrack Street, Bridport, Dorset DT6 3LN2
£350K10/220.68 miFlat 11, Brydian Court, Barrack Street, Bridport, Dorset DT6 3LN2
£222K06/210.7 mi1, Nursery Gardens, Bridport, Dorset DT6 3BX2
£250K04/230.74 miFlat 36, Peelers Court, St Andrews Road, Bridport, Dorset DT6 3HB2
£235K05/210.74 miFlat 51, Peelers Court, St Andrews Road, Bridport, Dorset DT6 3HB2

Local Rents

17 rents from £675/mo to £6.7K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£90003/240.14 miBridport2
£77503/240.18 miAlexandra Court, Bridport2
£97504/240.37 miBridport2
£95011/240.37 mi-2
£85006/240.38 mi-2
£85005/230.38 mi-2
£82503/240.38 miChurch Street, Bridport2
£76003/240.39 miSouth Street, Bridport2
£79512/240.39 miWest Court, Bridport2
£70003/240.42 mi-2
£1,00005/240.42 miBridport2
£85003/240.43 miBridport2
£6,71705/240.53 miWest Bay Road, Bridport, Dorset, DT62
£1,00004/240.53 miBridport Town Centre2
£67505/240.57 mi-2
£67504/240.57 miBarrack Street, Bridport, DT62
£1,00003/250.61 mi-2

Local Area Statistics

Population in DT6

21,663

Town centre distance

0.34 miles away

Nearest school

0.10 miles away

Nearest train station

9.32 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Price changed to £179,500

February 28, 2025

Price changed to £185,000

November 8, 2024

Listed for £195,000

July 31, 2024

Floor Plans

Description

A spacious 2 bed ground floor ex-local authority flat enjoying views to distant hills with gardens, substantial shed and on-lane parking, close to town centre facilities

SITUATION: The property is situated in a quiet cul-de-sac road in an elevated position on the south-western side and within an acitive walking distance of Bridport town centre. The market town of Bridport provides an excellent shopping centre, schools, professional offices and an art centre together with twice-weekly street market and a wide variety of local musical and cultural events. In addition, there is a corner convenience store, a leisure centre with an indoor swimming pool together with a primary school and recreational ground closeby. The popular coastal resort of West Bay and the Jurassic Coast is approximately 1.5 miles distant with excellent walks along the World Heritage coastline.

THE PROPERTY: No 14 Edgehill Road comprises a ground floor flat within a block of four ex-Local Authority flats of brick and part-rendered construction under a tiled roof. This is one of the older-style council flats with spacious rooms and large windows affording good natural light and views. The flat has recently been cosmetically improved but there is scope for further updating and to put one's own stamp on the property.

DIRECTIONS: From the centre of Bridport travelling south, take the right-hand turning at Morrisons' traffic lights towards Eype. Take the first turning right into Alexandra Road and then immediately left into Elizabeth Avenue. Take the first exit right into Coronation Road and the second left signposted Edgehill Road. No 14 will be found approximately mid-way along the road on the right hand-side.

THE ACCOMMODATION comprises the following:
ENCLOSED ENTRANCE PORCH with sliding double-glazed door and side panel opening from the side courtyard garden. Two steps up rise to the main entrance door which opens to the ENTRANCE HALL with built-in shelved cupboard housing the electric consumer unit and smart meter and a built-in cupboard housing the hot water cylinder with immersion heater fitted. CLOAKROOM with low level WC and obscure-glazed window to the outside.
LIVING/DINING ROOM with large bay window to the south with deep display cill, overlooking the front garden.
KITCHEN: Vintage style will single drainer stainless steel sink unit with cupboards under and space with washing machine plumbing alongside. Basic range of fittings, shelved pantry unit, Karndean flooring, white tiled surrounds with colourful edge tiles, former larder with roller blind instead of a door, strip light, Powerflow wall mounted small convector heater, window to the south.
BEDROOM 1: A double bedroom with large window to the west and enjoying views to Allington Hill.
BEDROOM 2: Another double bedroom with window to similar westerly views.
SHOWER ROOM comprising a large shower cubicle and pedestal basin with obscure glazed window and wall mirror.

OUTSIDE
There is a small fenced front garden which is mostly laid to lawn as well as a small fenced courtyard area leading to the entrance porch with a deep flower bed along the side of the property and with a gate used to access the neighbour's garden at the rear. There is also an outbuilding in a block ideal for storage and bins etc and through an archway at the end there is a further fenced garden area ideal for BBQ's extending to the north with a shed.

SERVICES: All mains services are connected. The property is wired for electric heating but most heaters have been removed. Mains gas was previously connected. Superfast Fibre Broadband with Openreach 45-72 Mbps approx download speed. Good mobile coverage.

TENURE: The property is held on a 125 year Magna lease from 1988 (89 years remaining). Service charge of £42.18 per month.

AGENT'S NOTE: The property is subject to Section 157 of The Housing Act 1985 requirement which operates in several areas of East Devon and West Dorset. It is designed to maintain local housing stock for persons who have lived full time or work in these counties for the last 3 years or be coming to the area for employment. Enquiries should be made of your Solicitors or Magna Housing Association Tel: before offering on this property. Council Tax Band A.

TC/CC/KEA240055/31724

Agent Details

Kennedys, Bridport

01308 800823

Next Steps?

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