2 Bed Detached House, Planning Permission, Bridport, DT6 6EJ, £795,000

Ryall, Bridport, DT6 6EJ - 1 views - 3 months ago

Planning
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£232.5K - £537.5K
Sold Prices/m²£3.5K/m² - £7.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£11.7K/m²

Value Estimate

£358,918

 

 

End Value (After Refurb)

£680,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£198,750

Stamp Duty & Legal Fees

£54,700

Refurb Costs

£27,618

Bridging Loan Interest

£20,869

Total Cash In

£303,686

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£680,000

Mortgage (After Refinance)

£510,000

Mortgage LTV

75%

Cash Left In

£303,686

Equity

£170,000

Rent Range

£2,500 - £2,500

Rent Estimate

£2,500

Running Costs/mo

£2,645

Cashflow/mo

£-145

Cashflow/yr

£-1,740

Gross Yield

4%

Local Sold Prices

17 sold prices from £232.5K to £537.5K, average is £380K. £3.5K/m² to £7.1K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£475K02/210.81 miConegar, Bakers Cross, Whitchurch Canonicorum, Bridport, Dorset DT6 6RF2
£525K12/221.49 mi10, St Giles Close, Chideock, Bridport, Dorset DT6 6LQ2
£425K06/212.2 miWest Cottage, Lower Catherston Road, Charmouth, Bridport, Dorset DT6 6LY2
£281.4K06/232.63 mi11, Shear Plot, Symondsbury, Bridport, Dorset DT6 6HH2
£232.5K01/212.63 mi6, Shear Plot, Symondsbury, Bridport, Dorset DT6 6HH2
£248K03/212.66 miBerwick Cottage, The Street, Charmouth, Bridport, Dorset DT6 6NU2
£380K12/222.71 miCharside, Riverway, Charmouth, Bridport, Dorset DT6 6LS2
£395K11/202.73 miFlintstones, 3, Old Rectory Close, Charmouth, Bridport, Dorset DT6 6QD2
£295K04/212.81 mi12, Kidmore Close, Charmouth, Bridport, Dorset DT6 6RT2
£325K03/212.81 mi8, Kidmore Close, Charmouth, Bridport, Dorset DT6 6RT2
£357.5K09/212.83 mi8, Hammonds Mead, Charmouth, Bridport, Dorset DT6 6QX2
£357.5K09/212.83 mi8, Hammonds Mead, Charmouth, Bridport, Dorset DT6 6QX2
£348K10/202.84 mi9, Double Common, Charmouth, Bridport, Dorset DT6 6PT2
£537.5K03/212.87 miThe Tallett, Higher Sea Lane, Charmouth, Bridport, Dorset DT6 6BB2
£455K08/232.88 miBox Cottage, Higher Sea Lane, Charmouth, Bridport, Dorset DT6 6AX2
£455K08/232.88 miBox Cottage, Higher Sea Lane, Charmouth, Bridport, Dorset DT6 6AX2
£500K09/232.93 miLakestone, Higher Sea Lane, Charmouth, Bridport, Dorset DT6 6BD2

Local Rents

4 rents from £2.5K/mo to £2.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£2,50003/242.44 mi-5
£2,50006/242.47 mi-6
£2,50005/242.47 miBroadoak, Bridport, DT66
£2,50005/242.47 miBroadoak, Bridport6

Local Area Statistics

Population in DT6

21,663

Town centre distance

3.50 miles away

Nearest school

2.50 miles away

Nearest train station

7.38 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Price changed to £795,000

February 4, 2025

Listed for £825,000

January 14, 2025

Floor Plans

Description

  • Sat On A Large Plot Of C.1.25 Acres +
  • Charming Detached Cottage +
  • Two Double Bedrooms +
  • Garage +
  • Stunning Views +
  • Dressing Area +
  • One Ensuite +
  • Immaculate Throughout +
  • Two Receptions +
  • Planning Permission Granted For An Extension +

The Property
Purplebricks is excited to bring to the market this beautifully presented character home, situated on a large plot of approximately 1.25 acres in the village of Ryall. This quintessential, 200 years-old, detached cottage in a quiet location, offers high quality accommodation that comprises, two double bedrooms, two reception rooms, an immaculate kitchen, separate utility room, downstairs WC, modern bathroom, an en-suite shower room.

Externally there is an attached, large, naturally bright garden room with a Perspex roof as well as a delightful south-facing garden and a fantastic-size elevated plot of land with equestrian facilities overlooking the breath-taking Marshwood Vale. There is also a single garage and driveway providing ample off-road parking.

The elevated equestrian land includes two large stables, a field shelter on skids as well as turn out areas. The land is accessed via its own five-bar-gate where there is also a useful large wooden storage shed.

"The property had full planning permission for a two Storey extension: Planning Number:  WD/D/20/000375 this has now lapsed but the vendors are resubmitting this application again "

Location
Pax Cottage is situated in the quiet village of Ryall, which is located in an area of Outstanding Natural Beauty, just 1.5 miles inland from the Jurassic Coast World Heritage Site. This sought after, quiet village lies approximately 4.7 miles west of Bridport and 6.1 miles east of Lyme Regis.
Although Ryall offers seclusion it is also in close proximity and within easy access of Chideock (1.8 miles east), Charmouth (3.2 miles west) and Morcombelake (1 mile south)
Nearby Morcomblelake offers a large, reputable, well-stocked farm shop with a variety of produce.

Directions
Coming from Bridport; go through Chideok, opposite Felicity’s farm shop turn right. Sign posted Ryall.
Stay on ‘Ryall Road’
As you go down the hill you’ll see ‘Ryall house’ set back on the left hand side, just after, turn a sharp right, you’ll see a ‘Private lane’ sign which also says ‘no parking’.
‘Well Cottage, Pax Cottage, Butts Cottage and St. Christopher’s’ are on a sign post which leads you to the property down the lane.
Pax cottage is the first house on the right hand side.

If using a sat nav/Smart phone, please enter ‘Pax Cottage, Bridport, DT6 6EJ’ into the device as opposed to the postcode by itself.

Services
Mains electricity, water are connected. Septic tank.
Oil fired central heating.
Broadband and Satellite are available also

Kitchen/Breakfast
14’07 x 8’08

Sitting Room
14’10 x 13’05

Dining Room
9’10 x 8’09

Utility Room
8’05 x 6’04

W.C.
6’03 x 5’01

Bedroom One
15’01 x 9’09

En-suite Shower Room
6’02 x 3’04

Bedroom Two
11’06 x 8’06

Dressing Room
7’05 x 5’05

Bathroom
9’03 x 7’01

Garden Room
23'04 x 6'01
Benefiting from power and lighting.

Garage
16’11 x 10’02 (Largest Points)

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Dorchester

020 3834 8334

Next Steps?

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

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