3 Bed Terraced House, Refurb/BRRR, Weymouth, DT4 0AG, £225,000

Abbotsbury Road, Weymouth, Dorset, DT4 0AG - 2 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+5 photos

ValuationFair Value

Sold Prices£170K - £375K
Sold Prices/m²£1.9K/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£229,500

 

 

End Value (After Refurb)

£250,360

Uplift in Value

+11%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Refurb Costs

£37,702

Bridging Loan Interest

£5,906

Total Cash In

£109,558

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£250,360

Mortgage (After Refinance)

£187,770

Mortgage LTV

75%

Cash Released

£19,020

Cash Left In

£90,538

Equity

£62,590

Rent Range

£825 - £2,500

Rent Estimate

£1,371

Running Costs/mo

£1,077

Cashflow/mo

£294

Cashflow/yr

£3,533

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £170K to £375K, average is £252.5K. £1.9K/m² to £4.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£265K06/210.03 mi41e, Abbotsbury Road, Weymouth, Dorset DT4 0AQ3
£238K02/230.05 mi3, Holyrood Terrace, Weymouth, Dorset DT4 0BE3
£220K08/230.07 mi37, Cromwell Road, Weymouth, Dorset DT4 0JQ3
£260K11/210.07 mi74, Wardcliffe Road, Weymouth, Dorset DT4 0HP3
£350K11/220.08 mi4, Milton Road, Weymouth, Dorset DT4 0AZ3
£232.5K12/210.1 mi6, Franklin Road, Weymouth, Dorset DT4 0JR3
£255.5K12/200.1 mi41a, Southview Road, Weymouth, Dorset DT4 0JD3
£285K06/230.1 mi41d, Southview Road, Weymouth, Dorset DT4 0JD3
£257.5K06/210.11 mi18d, Highland Road, Weymouth, Dorset DT4 0BG3
£320K12/200.12 mi14, Franklin Road, Weymouth, Dorset DT4 0JW3
£255K10/210.15 mi16, Emmadale Road, Weymouth, Dorset DT4 0LA3
£275K06/230.15 mi28, Emmadale Road, Weymouth, Dorset DT4 0LA3
£170K12/200.15 mi10a, Barclay Road, Weymouth, Dorset DT4 0JB3
£288K05/230.15 mi10a, Barclay Road, Weymouth, Dorset DT4 0JB3
£232K04/210.16 mi65, Franklin Road, Weymouth, Dorset DT4 0JP3
£275K11/200.17 mi116, Newstead Road, Weymouth, Dorset DT4 0AR3
£375K11/220.17 mi41, Longcroft Road, Weymouth, Dorset DT4 0PB3
£235K05/210.18 mi31, Newstead Road, Weymouth, Dorset DT4 0AT3
£232K03/210.18 mi33, Newstead Road, Weymouth, Dorset DT4 0AT3
£235K08/210.19 mi1, Short Road, Weymouth, Dorset DT4 0LE3
£332.5K12/220.19 mi43, Newstead Road, Weymouth, Dorset DT4 0AT3
£297K01/230.19 mi31, Newstead Road, Weymouth, Dorset DT4 0AT3
£245K01/210.2 mi7, Southview Road, Weymouth, Dorset DT4 0JE3
£308K11/200.2 mi104, Knightsdale Road, Weymouth, Dorset DT4 0HX3
£360K02/230.2 mi110, Knightsdale Road, Weymouth, Dorset DT4 0HX3
£275K11/200.21 mi27, Wedgwood Road, Weymouth, Dorset DT4 0GB3
£200K03/230.21 mi73, Southview Road, Weymouth, Dorset DT4 0JE3
£247.5K03/210.22 mi107, Knightsdale Road, Weymouth, Dorset DT4 0HU3
£270K06/230.23 mi83, Corporation Road, Weymouth, Dorset DT4 0LF3
£295K03/230.23 mi186, Newstead Road, Weymouth, Dorset DT4 0DY3
£235K11/200.23 mi186, Newstead Road, Weymouth, Dorset DT4 0DY3
£250K12/220.23 mi105, Corporation Road, Weymouth, Dorset DT4 0LG3
£232K08/210.23 mi6, Perth Street, Weymouth, Dorset DT4 0ND3
£270K12/220.26 mi13, Queensland Road, Weymouth, Dorset DT4 0LR3
£261K04/230.26 mi14, Queensland Road, Weymouth, Dorset DT4 0LR3
£265K11/220.27 mi64, Kitchener Road, Weymouth, Dorset DT4 0LL3
£210K01/210.28 mi14, Granville Road, Weymouth, Dorset DT4 0BQ3
£243K08/230.29 mi2, Granville Road, Weymouth, Dorset DT4 0BQ3
£234K03/210.29 mi43, Corporation Road, Weymouth, Dorset DT4 0LJ3
£250K02/230.29 mi16, Devon Road, Weymouth, Dorset DT4 0PH3
£250K05/230.29 mi20, Sydney Street, Weymouth, Dorset DT4 0NF3
£235K12/210.3 mi14, Newstead Road, Weymouth, Dorset DT4 8JE3
£224K02/210.3 mi12, Adelaide Crescent, Weymouth, Dorset DT4 0NS3
£235K02/210.31 mi231, Abbotsbury Road, Weymouth, Dorset DT4 0LY3
£287K05/230.31 mi231, Abbotsbury Road, Weymouth, Dorset DT4 0LY3
£216K04/230.31 mi1, Devon Road, Weymouth, Dorset DT4 0PH3
£270K02/210.32 mi4, Bryn Road, Weymouth, Dorset DT4 0NP3
£250K02/210.32 mi18, Bryn Road, Weymouth, Dorset DT4 0NP3
£230K04/210.32 mi11, Bryn Road, Weymouth, Dorset DT4 0NP3
£256.5K03/210.32 mi25, Bryn Road, Weymouth, Dorset DT4 0NP3

Local Rents

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

RentDateDistanceAddressBeds 
£1,20005/240.2 miAbbotsbury Road, Weymouth3
£1,20005/240.2 miAbbotsbury Road, Weymouth3
£82503/240.25 miComing Soon - Close To Town3
£1,30003/240.26 miDoulton close, Weymouth3
£1,35003/240.33 miWeymouth3
£1,30003/240.42 miPrince Of Wales Road, Weymouth3
£1,45003/240.57 miAlbert Street, Weymouth3
£1,40004/240.58 miComing Soon - Weymouth3
£1,30003/240.65 miWalpole Street, Weymouth3
£1,80003/250.66 mi-3
£1,20012/240.68 mi-3
£1,20011/230.71 mi-3
£1,15002/240.74 mi-3
£1,20003/240.74 mi12 Lennox Street3
£1,30003/240.78 miVictoria Street, Weymouth3
£85004/240.81 miWeymouth3
£1,27505/240.84 miKenilworth, Weymouth3
£1,55005/240.87 miSouthdown Road, WEYMOUTH3
£2,50011/240.88 mi-3
£1,95003/240.97 mi-3
£1,50003/241 miEverdene Drive, Chickerell, Weymouth3
£1,50004/241.04 miWeymouth3
£1,40003/241.1 miWeymouth3
£1,30003/241.14 mi-3
£1,30004/241.16 miChurchill Close, Wyke Regis, Weymouth3
£1,35005/241.18 miKings Road, Weymouth, Dorset, DT3 5ES3

Local Area Statistics

Population in DT4

36,845

Population in Weymouth

60,286

Town centre distance

0.83 miles away

Nearest school

0.20 miles away

Nearest train station

0.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £225,000

February 21, 2025

Floor Plans

Description

Presenting this spacious character family home in a highly sought-after location within short walking distance to Weymouth town centre and seafront! Boasting three DOUBLE BEDROOMS, TWO RECEPTION ROOMS and LARGE garden offered with NO FORWARD CHAIN.

The property requires modernisation throughout but offers a heap of potential to any prospective buyer! Stepping into the home you have two great sized reception rooms currently set up as a lounge to the front with a large bay window to allow a flood of light to enter. The rear reception room is a dining room, the two rooms have potential to be combined to make a luxuriously size socialising space. Continuing along the ground floor is an additional connecting room providing more space, this room has potential to be a large functioning dining area or could be linked to the kitchen. The kitchen itself provides plenty of space for surrounding white goods and unit space and also connect conveniently to the utility area at the rear. There is a heap of scope to convert this space in addition to extend the property to the rear (subject to planning).

Ascending the stairs to the first floor is a large landing area which guides you to the two of the bedrooms, family bathroom and a shower room. The master bedroom at the front is a very generous size and offers a large bay window.
Second bedroom is a great-sized double room and provides a pleasant look over the rear garden and surround.
The shower rooms provide a corner cubicle unit, hand wash basin and low level WC. The family bathroom has a fully-tiled surround and is a good size offering and inset bath, pedestal hand wash basin and low-level WC. Finally of the interior is a staircase to the second floor which leads to the third bedroom, front and rear windows allow a fantastic panoramic view of the surrounding area in addition to making a light and airy space.

Externally to the rear is a generously sized garden. Initially a low maintenance patio area leading to a lawned section! The long garden benefits from sunshine throughout the entire day.

Agent Details

Palmer Snell, Weymouth

01305 237393

Next Steps?

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