2 Bed Flat, Single Let, Weymouth, DT3 5FL, £170,000

Dorchester Road, Weymouth, DT3 5FL - 3 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£122.5K - £440K
Sold Prices/m²£2.2K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£206,584
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£800 - £1,300

Rent Estimate

£875

Running Costs/mo

£726

Cashflow/mo

£149

Cashflow/yr

£1,785

ROI

3%

Gross Yield

6%

Local Sold Prices

25 sold prices from £122.5K to £440K, average is £175K. £2.2K/m² to £4.3K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£151K08/220.71 mi71, Bridlebank Way, Weymouth, Dorset DT3 5RP2
£185K03/230.91 mi71, Rockhampton Close, Weymouth, Dorset DT3 6NG2
£165K08/220.92 mi19, Canberra Crescent, Weymouth, Dorset DT3 6AQ2
£220K11/221.05 mi14, Nottington Court, Nottington, Weymouth, Dorset DT3 4BL2
£157.5K04/211.29 mi29, Holzwickede Court, Weymouth, Dorset DT3 6FG2
£190K07/221.36 mi26, Holzwickede Court, Weymouth, Dorset DT3 6FG2
£340K06/211.94 mi4, Coronation Crescent, Weymouth, Dorset DT3 5EU2
£187K02/231.95 mi8, Eadon Close, Weymouth, Dorset DT3 6JU2
£197K08/211.99 mi7a, Waverley Road, Weymouth, Dorset DT3 5EB2
£125K11/222.42 mi12b, Hanover Road, Weymouth, Dorset DT4 7QP2
£186K10/222.53 mi9, Fern Square, Chickerell, Weymouth, Dorset DT3 4NZ2
£220K11/202.53 miFlat 1, Regency Court, Melcombe Avenue, Weymouth, Dorset DT4 7TH2
£157K02/212.68 miFlat 4, White Rose Court, East Street, Chickerell, Weymouth, Dorset DT3 4DS2
£122.5K04/212.68 mi30, Walpole Street, Weymouth, Dorset DT4 7HQ2
£148K11/202.69 miFlat 6, St Johns Court, William Street, Weymouth, Dorset DT4 7JW2
£440K04/212.71 mi6b, Goldcroft Avenue, Weymouth, Dorset DT4 0ET2
£153K03/212.78 mi30, Spiller Road, Chickerell, Weymouth, Dorset DT3 4AX2
£130K06/212.91 miFlat 36, Swannery Court, Commercial Road, Weymouth, Dorset DT4 7TY2
£170K06/232.91 miFlat 63, Swannery Court, Commercial Road, Weymouth, Dorset DT4 7TY2
£220K08/232.92 miFlat 26, Swannery Court, Commercial Road, Weymouth, Dorset DT4 7TY2
£200K11/222.94 miFlat 7, Davenport Court, Doulton Close, Weymouth, Dorset DT4 0GX2
£220K08/232.95 miFlat 15, Davenport Court, Doulton Close, Weymouth, Dorset DT4 0GX2
£165K12/202.95 miFlat 11, Davenport Court, Doulton Road, Weymouth, Dorset DT4 0GX2
£175K12/202.95 miFlat 12, Davenport Court, Doulton Road, Weymouth, Dorset DT4 0GX2
£165K09/212.98 mi107, Norfolk Road, Weymouth, Dorset DT4 0PS2

Local Rents

13 rents from £800/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£80005/240.03 miDorchester Road, Weymouth, Dorset2
£1,20003/240.09 miOld Station Road, Weymouth2
£1,05003/240.31 miMeadow View Road, Weymouth2
£1,30004/250.36 mi-2
£1,00003/240.45 miReedling Close, Weymouth2
£1,05003/240.49 miThe Finches, WEYMOUTH2
£1,05003/250.51 mi-2
£1,00005/240.53 miCamedown Close, Weymouth2
£97503/240.53 miWeymouth2
£1,05004/240.54 miThe Woodpeckers, Weymouth2
£80003/240.55 miKestrel View, Weymouth, DT3 5QZ2
£1,05003/240.56 miKestrel View, Weymouth2
£95001/250.57 mi-2

Local Area Statistics

Population in DT3

23,348

Population in Weymouth

60,286

Town centre distance

2.25 miles away

Nearest school

0.80 miles away

Nearest train station

0.55 miles away

 

 

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £170,000

March 24, 2025

Listed for £190,000

January 12, 2025

Floor Plans

Description

  • Two Double Bedrooms +
  • Second Floor Apartment +
  • Well Maintained Communal Areas & Gardens +
  • Fitted Kitchen With Built In Appliances +
  • Allocated Parking Space & Visitors Parking +
  • Close To Transport Links +
  • Beautiful Presentation +
  • Purpose Built Development +

SUMMARY
A BEAUTIFULLY PRESENTED SPACIOUS, LIGHT & AIRY second floor apartment with TWO DOUBLE BEDROOMS in UPWEY with ALLOCATED PARKING and COMMUNAL GARDENS. Please call to view to avoid disappointment.

DESCRIPTION
Located in the popular location of UPWEY is this TWO BEDROOM top floor apartment in The Spinnakers. Upwey is a historic trading VILLAGE, a suburb of Weymouth which offers all amenities including local pub, shops and doctors surgery also boasting good transport links to both Weymouth and Dorchester town centre either by train or bus. The Spinnakers is a MODERN BLOCK and offers OFF ROAD PARKING for each apartment. This apartment offers two double bedrooms, open plan lounge kitchen and modern fitted bathroom.

Entrance 
Entrance via communal front door to hallway, stairs to second floor wall mounted intercom. Entrance to flat via side aspect solid timber front door.

Hallway 
Wall mounted radiator. Security wall mounted intercom. Thermostat. Two built in cupboards. Carpeted. Electrical points. Telephone point. Skirt boarding. Door leading into:-

Open Plan Living 16' 7" narrowing to 15' 1" x 16' 5" Max ( 5.05m narrowing to 4.60m x 5.00m Max )

Living Area 
Living Room Area: Wall mounted radiator. Telephone point. Television point. Front aspect double glazed window which enjoys pleasant countryside view. Two side aspect Velux windows. Carpeted. Skirt boarding.

Kitchen 
Range of wall and base units with roll top work surfaces over, breakfast bar. Electric oven, gas hob with extractor hood over. Space and plumbing for washing machine. Space for under counter fridge. Cupboard housing boiler. Inset spotlights. Tiled flooring. Electrical points.

Bedroom One 9' 2" x 9' 2" ( 2.79m x 2.79m )
Rear aspect double glazed window. Wall mounted radiator. Television point. Electrical points. Skirt boarding. Carpeted.

Bedroom Two 9' 8" x 8' 3" ( 2.95m x 2.51m )
Side aspect double glazed window which enjoys open countryside views. Wall mounted radiator. Television point. Electrical points. Eaves storage. Skirt boarding. Carpeted.

Bathroom 
Suite comprising panel enclosed bath with power shower over, low level WC, and pedestal wash hand basin. Inset spotlighting. Extractor fan. Fully tiled walls, shaver point. Wall mounted radiator. Side aspect double glazed opaque window.

Outside 

Parking 
Allocated & Visitor parking.

Communal Gardens 

Lease Length & Charges 
The vendor informs us that the lease commenced in January 2007 and is for 125 years, service charge is £2,064 per annum and the ground rent of £150 per annum.
We recommend details are verified by your solicitor before incurring any additional costs.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Weymouth

01305 237388

Next Steps?

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