3 Bed Terraced House, Refurb/BRRR, Weymouth, DT4 0HF, £210,000

Lichfield Road, Weymouth, DT4 0HF - 5 views - 5 months ago

Sold STC
Refurb/BRRR
ROI: 2%
~93 m²
+5 photos

ValuationFair Value

Sold Prices£225K - £460K
Sold Prices/m²£2.1K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.3K/m²

Value Estimate

£210,000

 

 

End Value (After Refurb)

£293,306

Uplift in Value

+40%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Refurb Costs

£37,702

Bridging Loan Interest

£5,513

Total Cash In

£104,964

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£293,306

Agent Fees (1%)

£2,933

Bridging Loan

£157,500

Bridging Loan Interest

£5,513

Flip Profit

£27,909

Local Sold Prices

50 sold prices from £225K to £460K, average is £300K. £2.1K/m² to £4.9K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£235K03/210.03 mi43, Lichfield Road, Weymouth, Dorset DT4 0HF3
£260K08/230.06 mi27, Leeds Crescent, Weymouth, Dorset DT4 0HG3
£235K02/210.09 mi4, Lincoln Road, Weymouth, Dorset DT4 0HQ3
£225K11/200.09 mi41, Leamington Road, Weymouth, Dorset DT4 0HA3
£265K04/230.09 mi72, Leamington Road, Weymouth, Dorset DT4 0HA3
£325K09/230.13 mi75, Lanehouse Rocks Road, Weymouth, Dorset DT4 9HY3
£312K05/210.13 mi119, Lanehouse Rocks Road, Weymouth, Dorset DT4 9HY3
£241K03/210.18 mi19, Benville Road, Weymouth, Dorset DT4 0SG3
£460K04/230.18 mi5, Littleview Road, Weymouth, Dorset DT4 9DX3
£270K08/210.2 mi3, Lynch Road, Weymouth, Dorset DT4 0SJ3
£295K07/230.2 mi10b, Lynch Road, Weymouth, Dorset DT4 0SJ3
£264K11/200.2 mi14, Westdowne Close, Weymouth, Dorset DT4 0RW3
£285K12/200.2 mi126, Lanehouse Rocks Road, Weymouth, Dorset DT4 9HX3
£240K06/210.2 mi2, Overbury Close, Weymouth, Dorset DT4 9UE3
£330K11/200.2 mi13, Freemantle Road, Weymouth, Dorset DT4 9DZ3
£335K03/210.2 mi11, Freemantle Road, Weymouth, Dorset DT4 9DZ3
£330K06/230.2 mi8, Freemantle Road, Weymouth, Dorset DT4 9DZ3
£280K01/230.23 mi11a, Comet Close, Weymouth, Dorset DT4 9ER3
£280K04/230.23 mi322, Chickerell Road, Weymouth, Dorset DT4 0RE3
£390K03/210.24 mi59a, Lynch Lane, Weymouth, Dorset DT4 9DL3
£360K11/220.27 mi3, Viscount Road, Weymouth, Dorset DT4 9EP3
£340K09/210.27 mi11, Clarence Road, Weymouth, Dorset DT4 9EE3
£357.5K11/210.27 mi13, Clarence Road, Weymouth, Dorset DT4 9EE3
£335K09/230.27 mi361, Chickerell Road, Weymouth, Dorset DT4 0RF3
£242K02/210.29 mi16, Lanehouse Rocks Road, Weymouth, Dorset DT4 9DQ3
£285K02/210.29 mi32, Lanehouse Rocks Road, Weymouth, Dorset DT4 9DQ3
£250K04/210.29 mi507, Radipole Lane, Weymouth, Dorset DT4 0QG3
£370K03/230.29 mi497, Radipole Lane, Weymouth, Dorset DT4 0QG3
£325K04/230.29 mi495, Radipole Lane, Weymouth, Dorset DT4 0QG3
£360K08/230.31 mi11, Concorde Close, Weymouth, Dorset DT4 9UA3
£312.5K02/230.31 mi7, Concorde Close, Weymouth, Dorset DT4 9UA3
£345K08/210.31 mi4, St Helens Road, Weymouth, Dorset DT4 9DY3
£380K06/210.31 mi20, St Helens Road, Weymouth, Dorset DT4 9DY3
£300K12/200.31 mi11, Concorde Close, Weymouth, Dorset DT4 9UA3
£340K02/210.32 mi39, Fraser Avenue, Weymouth, Dorset DT4 9EJ3
£335K02/230.32 mi10, Lanehouse Rocks Road, Weymouth, Dorset DT4 9DQ3
£345K08/230.34 mi18, East Wyld Road, Weymouth, Dorset DT4 0RP3
£365K02/230.34 mi49, East Wyld Road, Weymouth, Dorset DT4 0RP3
£283K03/210.34 mi31, Hardy Avenue, Weymouth, Dorset DT4 0RQ3
£282.5K02/210.35 mi4, Hardy Avenue, Weymouth, Dorset DT4 0RJ3
£265K11/200.36 mi236, Chickerell Road, Weymouth, Dorset DT4 0QY3
£300K01/230.37 mi81, Dennis Road, Weymouth, Dorset DT4 0NL3
£370K08/210.39 mi8, Clare Avenue, Chickerell, Weymouth, Dorset DT3 4NT3
£310K03/210.39 mi10, Clare Avenue, Chickerell, Weymouth, Dorset DT3 4NT3
£350K06/210.39 mi33, Clare Avenue, Chickerell, Weymouth, Dorset DT3 4NT3
£255K05/230.39 mi1, Winchester Close, Weymouth, Dorset DT4 0TA3
£286K09/210.4 mi19, Markham Avenue, Weymouth, Dorset DT4 0QL3
£284K09/210.4 mi9, Markham Avenue, Weymouth, Dorset DT4 0QL3
£300K10/220.41 mi19, Dennis Road, Weymouth, Dorset DT4 0NL3
£250K08/230.42 mi8, Markham Avenue, Weymouth, Dorset DT4 0QL3

Local Rents

23 rents from £825/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40004/240.2 miComing Soon - Weymouth3
£2,50011/240.21 mi-3
£1,15002/240.29 mi-3
£1,50004/240.3 miWeymouth3
£1,50003/240.44 miEverdene Drive, Chickerell, Weymouth3
£1,35003/240.47 miWeymouth3
£1,60005/240.53 miWyke Regis3
£1,40003/240.62 miWeymouth3
£1,30004/240.66 miChurchill Close, Wyke Regis, Weymouth3
£1,30003/240.69 mi-3
£1,30003/240.78 miPrince Of Wales Road, Weymouth3
£1,55005/240.93 miSouthdown Road, WEYMOUTH3
£1,20005/240.95 miAbbotsbury Road, Weymouth3
£1,20005/240.95 miAbbotsbury Road, Weymouth3
£1,30004/240.95 miWesthill Road - Wyke Regis3
£1,30003/240.98 miWesthill Road., Weymouth3
£2,10003/241 miBILLS INCLUDED/FULLY FURNISHED South Road, Weymouth3
£1,30003/241.01 miDawlish Crescent, Weymouth, Dorset, DT43
£82503/241.01 miComing Soon - Close To Town3
£1,30003/241.02 miDoulton close, Weymouth3
£1,27505/241.23 miKenilworth, Weymouth3
£1,10003/241.23 miPortland Road, Weymouth, DT43
£1,20011/231.24 mi-3

Local Area Statistics

Population in DT4

36,845

Population in Weymouth

60,286

Town centre distance

1.43 miles away

Nearest school

0.30 miles away

Nearest train station

1.34 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £210,000

December 3, 2024

Floor Plans

Description

  • Three bedroom +
  • Family home +
  • No forward chain +
  • The property requires a program of refurbishment +
  • Spacious interior +
  • Utility room +
  • Generous storage +
  • Lanehouse, Weymouth +
  • Sizeable rear garden +

Three bedroom home with generous plot providing sizeable rear garden offering scope for landscaping. This spacious home offers a fantastic opportunity for those seeking a property to put their own stamp on. While in need of some modernisation, the property boasts a solid foundation and offers ample potential for renovation.

The layout comprises sepearte lounge, kitchen providing access into utility room with cloakroom. Upstairs there are three bedrooms and bathroom. Offered with no forward chain.

Lichfield Road is preferred among locals due to its range of amenities and its easy reach to Weymouth town centre, providing a scenic seaside experience with its charming beaches and bustling harbour.

An excellent school catchment area for both primary and secondary.

Entrance - Side aspect door leading to:

Hallway. - Stairs leading to the first floor, radiator, doors leading to:

Lounge - 3.8 x 4.8 (12'5" x 15'8") - Front aspect room with large double glazed window, power points, wooden floorboards.

Kitchen - 3.4 x 3.8 (11'1" x 12'5") - Rear aspect room with double glazed windows overlooking rear garden, range of eye and base level units with work surfaces over, space for oven, storage cupboard with shelving, double doors leading to:

Utility Room - Side aspect double glazed windows, base level unit with space for white goods and plumbing for washing machine, stainless steel sink with draining board, door leading to:

Cloakroom - Side aspect double glazed obscured window, low level WC, radiator.

First Floor Landing - Side aspect double glazed window, loft access via hatch, wooden floorboards, doors leading to:

Bedroom One - 2.9 x 4.2 (9'6" x 13'9") - Front aspect room with double glazed window overlooking communal green area, built in wardrobe, radiator.

Bedroom Two - 2.9 x 3.8 (9'6" x 12'5") - Rear aspect room with double glazed window overlooking the rear garden, built in wardrobe, wooden floorboard, power points.

Bedroom Three - 2.7 x 3.3 (8'10" x 10'9") - Side aspect room with double glazed window, wooden floorboards, large built in wardrobe.

Bathroom - Rear aspect room with obscured double glazed window, low level WC, wash hand basin.

Rear Garden - Mostly laid to lawn with mature shrubbery and fence enclosed.

Storage - Large storage cupboard with power and lighting.

N.B - Please note that the boiler of this property has been condemned and will need replacing by the new owner as a matter of urgency.

Agent Details

Direct Moves, Weymouth

01305 231778

Next Steps?

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