3 Bed Terraced House, Refurb/BRRR, Sherborne, DT9 6AE, £160,000

22 Lenthay Close, Sherborne, Dorset, DT9 6AE - 1 views - 7 months ago

Sold STC
Refurb/BRRR
~93 m²
+9 photos

ValuationFair Value

Sold Prices£180K - £750K
Sold Prices/m²£2.5K/m² - £7.1K/m²

 

 

Square Metres

~93 m²
Price/m²£1.7K/m²

Value Estimate

£161,600

 

 

End Value (After Refurb)

£339,808

Uplift in Value

+112%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£6,000

Refurb Costs

£37,706

Bridging Loan Interest

£4,200

Total Cash In

£89,656

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£339,808

Agent Fees (1%)

£3,398

Bridging Loan

£120,000

Bridging Loan Interest

£4,200

Flip Profit

£126,753

Local Sold Prices

50 sold prices from £180K to £750K, average is £310K. £2.5K/m² to £7.1K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£190K02/230 mi7, Lenthay Close, Sherborne, Dorset DT9 6AE3
£180K09/210.09 mi37, South Avenue, Sherborne, Dorset DT9 6AR3
£226K01/230.13 mi24, South Avenue, Sherborne, Dorset DT9 6AP3
£220K07/210.14 mi12, Westfield, Sherborne, Dorset DT9 6AY3
£370K05/210.19 mi110, Lenthay Road, Sherborne, Dorset DT9 6AG3
£315K11/220.19 mi45, Ridgeway, Sherborne, Dorset DT9 6DA3
£199.9K11/200.19 mi45, Ridgeway, Sherborne, Dorset DT9 6DA3
£368K04/210.22 mi2, Hunts Mead, Sherborne, Dorset DT9 6AL3
£355K09/210.22 mi7, Hunts Mead, Sherborne, Dorset DT9 6AL3
£271K03/210.23 mi4, Leet Court, Sherborne, Dorset DT9 6AN3
£278.5K02/230.24 miPavilion House, Horsecastles, Sherborne, Dorset DT9 3HB3
£277.5K10/220.24 mi26, Clanfield, Sherborne, Dorset DT9 6AZ3
£265K08/230.24 mi11, Clanfield, Sherborne, Dorset DT9 6AZ3
£510K02/230.25 mi24, St Marys Road, Sherborne, Dorset DT9 6DG3
£310K01/230.26 mi14, Askwith Close, Sherborne, Dorset DT9 6DX3
£376.5K07/230.27 mi74, St Marys Road, Sherborne, Dorset DT9 6DQ3
£396K04/230.28 mi27, Horsecastles Lane, Sherborne, Dorset DT9 6BU3
£450K12/220.28 mi24, Hunts Mead, Sherborne, Dorset DT9 6AJ3
£285K06/210.29 mi11, Honeycombe Rise, Sherborne, Dorset DT9 6AH3
£266K02/210.29 mi25, Honeycombe Rise, Sherborne, Dorset DT9 6AH3
£400K08/230.3 mi20, Wydford Close, Sherborne, Dorset DT9 6DZ3
£295K09/210.3 mi9, Abbots Way, Sherborne, Dorset DT9 6DU3
£460K11/230.34 mi9, Kenelm Close, Sherborne, Dorset DT9 6BL3
£400K12/200.35 mi7, Richmond Road, Sherborne, Devon DT9 3HL3
£430K02/210.35 miDenton House, Richmond Road, Sherborne, Dorset DT9 3HL3
£470K07/230.35 miTollos, Richmond Road, Sherborne, Dorset DT9 3HL3
£272K10/210.39 mi7, The Grove, Sherborne, Dorset DT9 3RF3
£490K10/200.44 mi11, St Antonys Square, Sherborne, Dorset DT9 3QG3
£510K05/210.44 mi4, St Antonys Square, Sherborne, Dorset DT9 3QG3
£750K06/230.49 miSt Christophers, Westbury, Sherborne, Dorset DT9 3EL3
£230K06/210.49 mi5, Willis Hay, Sherborne, Dorset DT9 3EL3
£265K08/230.5 miWithye's Garden, Lower Acreman Street, Sherborne, Dorset DT9 3EX3
£272.9K09/210.51 mi31, Acreman Court, Sherborne, Dorset DT9 3PW3
£265K03/210.51 mi19, Acreman Court, Sherborne, Dorset DT9 3PW3
£293K10/230.51 mi12, Acreman Court, Sherborne, Dorset DT9 3PW3
£345K11/200.51 mi296, Yeovil Road, Sherborne, Dorset DT9 4BH3
£390K10/200.54 miWoodview, Yeovil Road, Sherborne, Dorset DT9 4BD3
£267.5K10/210.55 mi105, Acreman Street, Sherborne, Dorset DT9 3PH3
£267.5K10/210.55 mi105, Acreman Street, Sherborne, Dorset DT9 3PH3
£370K06/210.73 mi2, Coombe Villas, Sherborne, Dorset DT9 4DB3
£400K01/210.76 miThundridge, Marston Road, Sherborne, Dorset DT9 4BL3
£325K12/220.79 miLewis House, Raleigh Court, Long Street, Sherborne, Dorset DT9 3EQ3
£525K09/230.8 mi70, The Sheeplands, Sherborne, Dorset DT9 4BS3
£345K10/210.82 mi24, The Wilderness, Sherborne, Dorset DT9 3AE3
£270K01/210.82 mi2, The Wilderness, Sherborne, Dorset DT9 3AE3
£310K11/220.83 mi15, The Wilderness, Sherborne, Dorset DT9 3AE3
£480K06/210.84 mi4, Portman Square, Sherborne, Dorset DT9 4FJ3
£300K11/200.87 mi11, St Swithins Close, Sherborne, Dorset DT9 3DW3
£295K10/200.87 mi18, St Swithins Close, Sherborne, Dorset DT9 3DW3
£256.5K11/200.87 mi10, St Swithins Close, Sherborne, Dorset DT9 3DW3

Local Rents

11 rents from £800/mo to £1.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,85005/240.39 miSherborne3
£1,25003/240.54 mi67 Acreman Street, Sherborne, Dorset, DT9 3PH3
£1,25004/240.7 mi5 Dairy Close, Sherborne, Dorset, DT9 4FR3
£1,59508/230.76 miThe Chantry, Marston Road, Sherborne, Dorset, DT9 4BL3
£1,40005/240.86 miNewland, Sherborne3
£1,50003/240.99 miFlat 1 Pencarrow, The Avenue, Sherborne, Dorset, DT9 3AJ3
£80011/231.01 mi-3
£1,50004/241.09 miBede Street, Sherborne, Dorset, DT93
£1,50005/241.09 miBede Street, Sherborne, Dorset, DT93
£1,15010/231.19 miGranville Way, Sherborne, Dorset, DT9 4AS3
£1,20012/231.2 mi-3

Local Area Statistics

Population in DT9

20,760

Town centre distance

0.67 miles away

Nearest school

0.40 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £160,000

September 8, 2024

Sold for £43,000

1997

Floor Plans

Description

  • 3 Bedrooms +
  • No Onward Chain +
  • Off Street Parking +
  • Cul-De-Sac Location +
  • Generous Gardens +

A three bedroom end of terrace house requiring modernisation, situated in a cul de sac of similar homes on the edge of Sherborne, yet within close reach of local amenities and a primary school. Off street parking, generous front and rear garden. No Onward Chain.

An excellent opportunity for first time buyers and investors seeking a value for money three bedroom end of terrace house built of brick elevations under a tiled roof. The property requires updating throughout, however benefits from double glazing and gas fired central heating. The accommodation is well proportioned and briefly comprises of: living room, kitchen, ground floor bathroom and three bedrooms.

Services
All mains services connected.
Council Tax: Band B - Dorset Council

Additional Information
Broadband: Ultrafast broadband is available—highest available download speed 1000 Mbps, highest available upload speed 1000 Mbps. (Openreach).

Mobile Coverage: Available via EE, O2, THREE and VODAFONE. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider. 

Flooding: The property is in an area at a VERY LOW RISK from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).

22 Lenthay Close lies on the west side of the historic Abbey town of Sherborne within walking distance of the main thoroughfare of Cheap Street. Sherborne is a particularly attractive Abbey town with a conservation area to its centre and amenities that include two supermarkets, two doctor’s surgeries, a main line railway station and a comprehensive range of shops, public houses and restaurants. The regional centre of Yeovil lies within short motoring distance providing with Sherborne an excellent range of cultural, recreational and shopping facilities. Sporting, walking and ridding opportunities abound within the area with golf clubs at both Sherborne and Yeovil while the region is well known for both its public and privately funded schooling. Communication links are good with the main line station 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 the M3, M25 route.

The gardens are a great size, and off street parking is available to the front. The rear garden has excellent amenities with a brick built outbuilding, shed and greenhouse.

Agent Details

Greenslade Taylor Hunt, Sherborne

01935 313535

Next Steps?

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