2 Bed Flat, Single Let, Weymouth, DT3 5RP, £165,000

Bridlebank Way, Broadwey, DT3 5RP - 2 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£100K - £440K
Sold Prices/m²£1.7K/m² - £4.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£194,201
BMV18%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£9,450

Total Cash In

£50,700

 

 

Cash Out

 

Rent Range

£800 - £1,300

Rent Estimate

£800

Running Costs/mo

£696

Cashflow/mo

£104

Cashflow/yr

£1,253

ROI

2%

Gross Yield

6%

Local Sold Prices

45 sold prices from £100K to £440K, average is £165K. £1.7K/m² to £4.3K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£151K08/220.1 mi71, Bridlebank Way, Weymouth, Dorset DT3 5RP2
£185K03/230.52 mi71, Rockhampton Close, Weymouth, Dorset DT3 6NG2
£220K11/220.61 mi14, Nottington Court, Nottington, Weymouth, Dorset DT3 4BL2
£165K08/220.62 mi19, Canberra Crescent, Weymouth, Dorset DT3 6AQ2
£157.5K04/210.97 mi29, Holzwickede Court, Weymouth, Dorset DT3 6FG2
£190K07/221.03 mi26, Holzwickede Court, Weymouth, Dorset DT3 6FG2
£340K06/211.34 mi4, Coronation Crescent, Weymouth, Dorset DT3 5EU2
£197K08/211.38 mi7a, Waverley Road, Weymouth, Dorset DT3 5EB2
£187K02/231.57 mi8, Eadon Close, Weymouth, Dorset DT3 6JU2
£125K11/221.81 mi12b, Hanover Road, Weymouth, Dorset DT4 7QP2
£220K11/201.93 miFlat 1, Regency Court, Melcombe Avenue, Weymouth, Dorset DT4 7TH2
£122.5K04/212.08 mi30, Walpole Street, Weymouth, Dorset DT4 7HQ2
£148K11/202.09 miFlat 6, St Johns Court, William Street, Weymouth, Dorset DT4 7JW2
£186K10/222.11 mi9, Fern Square, Chickerell, Weymouth, Dorset DT3 4NZ2
£440K04/212.11 mi6b, Goldcroft Avenue, Weymouth, Dorset DT4 0ET2
£157K02/212.28 miFlat 4, White Rose Court, East Street, Chickerell, Weymouth, Dorset DT3 4DS2
£130K06/212.31 miFlat 36, Swannery Court, Commercial Road, Weymouth, Dorset DT4 7TY2
£170K06/232.31 miFlat 63, Swannery Court, Commercial Road, Weymouth, Dorset DT4 7TY2
£220K08/232.31 miFlat 26, Swannery Court, Commercial Road, Weymouth, Dorset DT4 7TY2
£200K11/222.33 miFlat 7, Davenport Court, Doulton Close, Weymouth, Dorset DT4 0GX2
£220K08/232.34 miFlat 15, Davenport Court, Doulton Close, Weymouth, Dorset DT4 0GX2
£165K12/202.34 miFlat 11, Davenport Court, Doulton Road, Weymouth, Dorset DT4 0GX2
£175K12/202.34 miFlat 12, Davenport Court, Doulton Road, Weymouth, Dorset DT4 0GX2
£153K03/212.35 mi30, Spiller Road, Chickerell, Weymouth, Dorset DT3 4AX2
£165K09/212.41 mi107, Norfolk Road, Weymouth, Dorset DT4 0PS2
£160K11/212.42 mi16, Essex Road, Weymouth, Dorset DT4 0BA2
£100K12/222.56 miFlat 52, Jenner Court, Stavordale Road, Weymouth, Dorset DT4 0AF2
£100K12/202.56 miFlat 25, Jenner Court, Stavordale Road, Weymouth, Dorset DT4 0AF2
£143K08/212.57 miFlat 1, Jenner Court, Stavordale Road, Weymouth, Dorset DT4 0AF2
£128K01/212.58 mi209a, Abbotsbury Road, Weymouth, Dorset DT4 0LY2
£140K11/212.58 mi15, Emmadale Close, Weymouth, Dorset DT4 0NU2
£140K09/212.59 mi2, Salisbury Road, Weymouth, Dorset DT4 0BH2
£110K12/202.63 mi46a, Granville Road, Weymouth, Dorset DT4 0BQ2
£145K09/212.8 mi26a, Tollerdown Road, Weymouth, Dorset DT4 0SQ2
£124.5K04/212.8 mi28, Tollerdown Road, Weymouth, Dorset DT4 0SQ2
£122.5K02/212.9 mi15, Chapelhay Heights, Weymouth, Dorset DT4 8JN2
£207K11/202.92 mi59, Wellington Court, Weymouth, Dorset DT4 8UE2
£160K05/212.93 mi1, Lincoln Road, Weymouth, Dorset DT4 0HQ2
£195K03/232.93 mi32, Wellington Court, Weymouth, Dorset DT4 8UA2
£195K12/212.93 mi34, Wellington Court, Weymouth, Dorset DT4 8UA2
£190K04/212.94 mi120, St Leonards Road, Weymouth, Dorset DT4 8LB2
£122.5K08/212.97 miFlat 6, Briarswood, St Leonards Road, Weymouth, Dorset DT4 8RE2
£360K06/212.98 miFlat 8, Groves Malthouse, Spring Road, Weymouth, Dorset DT4 8XG2
£195K03/232.99 miFlat 5, Rodwell Lodge, Rodwell Road, Weymouth, Dorset DT4 8QT2
£187K03/212.99 miFlat 9, Compass South, Rodwell Road, Weymouth, Dorset DT4 8QT2

Local Rents

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

RentDateDistanceAddressBeds 
£1,00005/240.08 miCamedown Close, Weymouth2
£97503/240.08 miWeymouth2
£1,05003/250.12 mi-2
£1,05003/240.23 miKestrel View, Weymouth2
£1,00003/240.24 miReedling Close, Weymouth2
£1,05003/240.25 miThe Finches, WEYMOUTH2
£80003/240.27 miKestrel View, Weymouth, DT3 5QZ2
£1,05003/240.33 miMeadow View Road, Weymouth2
£1,05004/240.39 miThe Woodpeckers, Weymouth2
£1,30004/250.4 mi-2
£80005/240.41 miPipit Close, Weymouth2
£1,20003/240.52 miOld Station Road, Weymouth2
£80005/240.58 miDorchester Road, Weymouth, Dorset2
£1,05011/240.61 mi-2

Local Area Statistics

Population in DT3

23,348

Population in Weymouth

60,286

Town centre distance

1.64 miles away

Nearest school

0.20 miles away

Nearest train station

0.06 miles away

 

 

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £165,000

February 26, 2025

Floor Plans

Description

  • Two Bedroom First Floor Garden Flat +
  • Two Private Garden Areas +
  • Spacious Hallway +
  • Lounge/Diner with Juliet Balcony +
  • Perfect First Time Purchase +
  • No Onward Chain +
  • Located within Broadwey +
  • Communal off Road Parking +

Offered with no onward chain and two garden areas is this two bedroom first floor flat within the popular location of Broadwey. This perfect first time purchase offers a spacious hallway, lounge/diner with Juliet balcony enjoying far reaching views over open fields, kitchen, modern bathroom, two bedrooms, two private garden areas laid to lawn and communal off road parking. Viewing is a must to be fully appreciated.

Full Description - Entrance into the block is via a front aspect communal door leading into a communal hallway with stairs rising to the first floor (top floor) and a rear aspect communal door leads out onto the garden areas. Entrance into the flat is via a wooden door leading into a spacious and welcoming hallway offering a large built in storage cupboard, loft access via a hatch, wall mounted telephone entry system and doors lead through to all accommodation. The spacious lounge/diner offers a rear aspect double glazed window, rear aspect double glazed door opening onto a Juliet balcony enjoying some far reaching views over open fields, space for a dining table and chairs and a wall mounted radiator. The kitchen has eye and base level units with work surfaces over, space for a cooker, space and plumbing for a washing machine, space for a fridge/freezer, wall mounted radiator and a front aspect double glazed window. The master bedroom is a generous sized double offering a rear aspect double glazed window and a wall mounted radiator. Bedroom two is a small double/good sized single offering a rear aspect double glazed window and a wall mounted radiator. The modern bathroom comprises a suite including a panel enclosed bath with shower attachment over and screen attached, low level WC, vanity wash hand basin, wall mounted towel rail heater, open storage area with the wall mounted gas combi boiler, partially tiled and a front aspect double glazed window.

Outside offers two private garden areas both laid to lawn with one having a large storage shed. There is communal off road parking within a car park located at the front of the block. There is a further car park to the side which offers further communal off road car parking.

The property sits within the popular location of Broadwey offering great transport links to Weymouth & Dorchester. There is a shopping centre close by offering a range of shops, takeaways, doctor's surgery and a pharmacy. Primary and secondary Schools are close by and the Upwey train station is just a short stroll away with a direct line to London Waterloo.

Rating Authority Dorset (Weymouth & Portland) Council. Council Tax Band A. Services Gas central heating. Mains electric & drainage.

Disclaimer: - Beaumont Jones and their clients have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs, plans and measurements are for guidance only and are not necessarily comprehensive. It should be assumed that the property has all necessary Planning, Building Regulations or other consents, and Beaumont Jones have not tested any services, equipment or facilities.

Beaumont Jones is a member of The Property Ombudsman scheme and subscribe to The Property Ombudsman Code of Practice.

Agent Details

Beaumont Jones Estate Agents, Weymouth

01305 235823

Next Steps?

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