3 Bed Detached House, Refurb/BRRR, Bridport, DT6 6RT, £595,000

15 Kidmore Close, Charmouth, Dorset - 2 views - 3 months ago

Refurb/BRRR
~93 m²
+19 photos

ValuationOvervalued

Sold Prices£250K - £962.9K
Sold Prices/m²£1.8K/m² - £10K/m²

 

 

Square Metres

~93 m²
Price/m²£6.4K/m²

Value Estimate

£393,462

 

 

End Value (After Refurb)

£472,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£148,750

Stamp Duty & Legal Fees

£36,300

Refurb Costs

£37,710

Bridging Loan Interest

£15,619

Total Cash In

£240,128

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£472,500

Mortgage (After Refinance)

£354,375

Mortgage LTV

75%

Cash Left In

£240,128

Equity

£118,125

Rent Range

£535 - £1,695

Rent Estimate

£1,098

Running Costs/mo

£1,716

Cashflow/mo

£-618

Cashflow/yr

£-7,418

Gross Yield

2%

Local Sold Prices

50 sold prices from £250K to £962.9K, average is £417.5K. £1.8K/m² to £10K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£425K10/220 mi5, Kidmore Close, Charmouth, Bridport, Dorset DT6 6RT3
£490K01/230.08 miKiama, 2, Double Common, Charmouth, Bridport, Dorset DT6 6PT3
£330K03/210.16 mi25, Hammonds Mead, Charmouth, Bridport, Dorset DT6 6QX3
£525K12/220.16 miHawthorns, Downside Close, Charmouth, Bridport, Dorset DT6 6BH3
£430K06/210.18 mi12, Queens Walk, Charmouth, Bridport, Dorset DT6 6AB3
£342.5K04/210.19 miHeron Cottage, The Street, Charmouth, Bridport, Dorset DT6 6NX3
£251.5K12/200.19 mi9, Wesley Close, Charmouth, Bridport, Dorset DT6 6QT3
£535K11/220.23 miMeadow Cottage, Old Lyme Hill, Charmouth, Bridport, Dorset DT6 6BP3
£410K12/220.26 miThatched Cottage, Axminster Road, Charmouth, Bridport, Dorset DT6 6PA3
£395K05/230.27 miJasmine Cottage, The Street, Charmouth, Bridport, Dorset DT6 6QJ3
£282K06/210.28 mi7, Bridge Road, Charmouth, Bridport, Dorset DT6 6QP3
£900K09/211.22 miHeron Ridge, Timber Hill, Lyme Regis, Dorset DT7 3HQ3
£385K03/231.36 mi14, Woodberry Down Way, Lyme Regis, Dorset DT7 3QT3
£425K04/211.37 mi22, Fairfield Park, Lyme Regis, Dorset DT7 3DS3
£324.9K08/231.38 mi48, Summerhill Road, Lyme Regis, Dorset DT7 3DT3
£350K11/211.38 miHove To, Charmouth Road, Lyme Regis, Dorset DT7 3DL3
£468K08/231.39 mi23, Fairfield Park, Lyme Regis, Dorset DT7 3DS3
£495K08/221.44 mi24, Talbot Road, Lyme Regis, Dorset DT7 3BB3
£320K07/221.44 mi8, Henrys Way, Lyme Regis, Dorset DT7 3BW3
£300K10/201.44 mi59, Henrys Way, Lyme Regis, Dorset DT7 3BW3
£460K01/231.45 mi50, Church Street, Lyme Regis, Dorset DT7 3DA3
£285K08/221.45 mi7, Kings Way, Lyme Regis, Dorset DT7 3DY3
£345K12/211.45 mi41, Henrys Way, Lyme Regis, Dorset DT7 3BW3
£962.9K09/221.45 mi39, Church Street, Lyme Regis, Dorset DT7 3DA3
£250K11/221.45 mi61, Kings Way, Lyme Regis, Dorset DT7 3DY3
£395K05/211.48 mi5, Colway Close, Lyme Regis, Dorset DT7 3BE3
£340K10/201.49 miThe Coach House, Glen Andred, Colway Lane, Lyme Regis, Dorset DT7 3HE3
£372.5K10/201.5 miWestering, 27, Talbot Road, Lyme Regis, Dorset DT7 3BB3
£480K04/231.54 miWeavers Cottage, 23, Coombe Street, Lyme Regis, Dorset DT7 3PP3
£463.5K01/231.54 mi21, Mill Green, Lyme Regis, Dorset DT7 3PH3
£275K09/211.55 mi19, North Avenue, Lyme Regis, Dorset DT7 3AY3
£290K09/211.56 mi21, North Avenue, Lyme Regis, Dorset DT7 3AY3
£320K03/221.56 mi15, North Avenue, Lyme Regis, Dorset DT7 3AY3
£850K10/201.57 miOverjordan, Jordan, Lyme Regis, Dorset DT7 3AQ3
£450K08/231.57 miBenets, Jordan, Lyme Regis, Dorset DT7 3AQ3
£255K02/221.59 mi1, North Avenue, Lyme Regis, Dorset DT7 3AX3
£575K02/231.59 miLymcroft, Talbot Road, Lyme Regis, Dorset DT7 3BA3
£295K01/221.6 mi47, North Avenue, Lyme Regis, Dorset DT7 3AX3
£372K04/211.64 miRosemead, Avenue Road, Lyme Regis, Dorset DT7 3AE3
£465K04/211.64 mi35, Sherborne Lane, Lyme Regis, Dorset DT7 3NY3
£460K12/221.66 mi10, Windsor Terrace, Lyme Regis, Dorset DT7 3AN3
£545K06/211.76 mi6, Springhill Gardens, Lyme Regis, Dorset DT7 3HL3
£516K04/221.83 miTrevean, Pound Road, Lyme Regis, Dorset DT7 3HX3
£642.5K03/211.83 miHernelee Cottage, Pound Road, Lyme Regis, Dorset DT7 3HX3
£390K10/221.85 mi6, Kersbrook Gardens, Lyme Regis, Dorset DT7 3JL3
£550K01/231.89 mi3, St Georges Hill, Lyme Regis, Dorset DT7 3NT3
£515K04/211.89 mi15, St Georges Hill, Lyme Regis, Dorset DT7 3NT3
£610K10/221.89 mi21, Portland Court, Lyme Regis, Dorset DT7 3ND3
£400K11/201.91 mi22, Portland Court, Lyme Regis, Dorset DT7 3ND3
£590K10/201.91 mi16, Portland Court, Lyme Regis, Dorset DT7 3ND3

Local Rents

13 rents from £535/mo to £1.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,25003/240.08 miHigher Sea Lane, Charmouth, Bridport2
£94503/240.1 miLuttrell House, The Street, Charmouth1
£1,60003/250.12 mi-3
£1,10005/230.2 mi-3
£1,45004/241.36 miWoodberry Down Way, Lyme Regis3
£1,69503/241.47 miRhode Barton, Lyme Regis4
£53502/241.48 mi-1
£1,10005/241.49 mi-2
£1,10003/241.49 miQueens Walk, Lyme Regis, DT72
£1,65002/251.67 mi-1
£1,25004/241.79 miWest Hill Road, Lyme Regis3
£55003/241.87 miUplyme Road, Lyme Regis1
£55004/241.87 miUplyme Road, Lyme Regis1

Local Area Statistics

Population in DT6

21,663

Town centre distance

5.94 miles away

Nearest school

0.10 miles away

Nearest train station

5.31 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £595,000

January 14, 2025

Floor Plans

Description

  • Detached spacious house within private cul de sac +
  • Sea & coastal views from first floor +
  • Ground Floor Cloakroom/WC +
  • Generous Living Room with arch to Dining Room, French doors to Sunroom +
  • Fitted Kitchen plus Utility Room +
  • Three double bedrooms, master en suite + balcony +
  • Family bathroom +
  • Garage & parking +
  • Southerly enclosed rear gardens +
  • No Onward chain +

A very spacious detached property quietly situated in the corner of a private cul de sac, within short walking distance of both the beach and village amenities. Constructed we believe around 1993 along with a range of similar houses. This house offers a generous 1660 sq ft in totoal (154sq.m) providing three double bedrooms (master en suite) and a very spacious ground floor living area. South facing rear garden. The property would now benefit from gentle modernisation throughout but is presented in good order.

A few steps down to the frontage from the garage and parking area. Bright L-shaped entrance hall with stairs to first floor. Understair cupboard. Large Living Room spanning front to rear, fireplace with inset gas coal effect fire. Deep bay window to front. Wide arch to Dining Room to side French doors out to rear triple aspect Sunroom with sliding door into the garden. Dining room with window to rear and door return to hall. Fitted kitchen with electric hob and oven, space for under counter fridge. Glazed door to Utility with fitted unit and space for washing machine. Wall mounted gas boiler. External door to garden. Ground floor Wc.

First Floor: Bright L shaped Landing with wooden balustrades, loft hatch and airing cupboard housing hot water tank. Master bedroom 12`6 x 11.5` Integral wardrobes. French doors onto large balcony with sea views and Stonebarrow Cliff view. Large en suite with corner mains shower, WC and handbasin. Two further double bedrooms with integral wardrobes. Family bathroom with bath and shower over, WC and handbasin.

Outside: The rear garden has a patio level to the rear with just a couple of steps down to the lawn, feature palm tree with mature shrubs . Access to front around both sides of property. Views to Stonebarrow, The frontage has a paved path with a couple of steps up to the parking area and garage (in a block of three just by the property) Parking outside the garage and to side of garage for a smaller car too.

No forward chain. Dorset council E. EPC D. All mains services. Freehold.

Agent Details

Fortnam Smith & Banwell, Lyme Regis

01297 300884

Next Steps?

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