3 Bed Semi-Detached House, Refurb/BRRR, Weymouth, DT4 9RS, £250,000

Radipole Lane, Weymouth, DT4 9RS - 4 views - 2 months ago

Sold STC
Refurb/BRRR
~93 m²
+14 photos

ValuationFair Value

Sold Prices£223K - £462K
Sold Prices/m²£2.3K/m² - £8.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£252,500

 

 

End Value (After Refurb)

£356,712

Uplift in Value

+43%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Refurb Costs

£37,702

Bridging Loan Interest

£6,563

Total Cash In

£122,214

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£356,712

Agent Fees (1%)

£3,567

Bridging Loan

£187,500

Bridging Loan Interest

£6,563

Flip Profit

£43,431

Local Sold Prices

50 sold prices from £223K to £462K, average is £300K. £2.3K/m² to £8.7K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£365K08/230.02 mi75, Radipole Lane, Weymouth, Dorset DT4 9RS3
£385K06/210.04 mi21, Sycamore Road, Weymouth, Dorset DT4 9UF3
£400K03/230.1 mi28, Sutcliffe Avenue, Weymouth, Dorset DT4 9SA3
£317.5K11/210.11 mi3, Hammond Avenue, Weymouth, Dorset DT4 9SB3
£350K05/230.11 mi14, Hammond Avenue, Radipole, Weymouth, Dorset DT4 9SB3
£295K04/230.19 mi152, Faversham, Weymouth, Dorset DT4 9SL3
£280K10/210.19 mi143, Faversham, Weymouth, Dorset DT4 9SL3
£330K05/230.19 mi153, Faversham, Weymouth, Dorset DT4 9SL3
£345K07/230.19 mi142, Faversham, Weymouth, Dorset DT4 9SL3
£300K01/230.26 mi68, Carisbrooke, Weymouth, Dorset DT4 9SH3
£280K05/230.27 mi22, Beaulieu, Southill, Weymouth, Dorset DT4 9SQ3
£300K03/230.3 mi77, Kenilworth, Weymouth, Dorset DT4 9SJ3
£397K06/210.31 mi2, Ambleside, Weymouth, Dorset DT3 5HH3
£300K02/210.31 mi55, Field Barn Drive, Weymouth, Dorset DT4 0EE3
£425K04/230.32 mi56, Field Barn Drive, Southill, Weymouth, Dorset DT4 0EE3
£400K08/230.38 mi5, Field Barn Drive, Southill, Weymouth, Dorset DT4 0ED3
£335K03/210.38 mi15, Field Barn Drive, Southill, Weymouth, Dorset DT4 0ED3
£365K08/230.42 mi81, Chafeys Avenue, Weymouth, Dorset DT4 0EJ3
£350K12/200.45 mi109, Chafeys Avenue, Weymouth, Dorset DT4 0EN3
£462K04/230.45 mi2, Grasmere Road, Weymouth, Dorset DT3 5HB3
£283K05/230.56 mi23, Mount Pleasant Avenue South, Weymouth, Dorset DT3 5JF3
£350K12/220.56 mi68, Spa Road, Radipole, Weymouth, Dorset DT3 5EW3
£300K11/220.6 mi33, Kings Road, Weymouth, Dorset DT3 5ES3
£290.2K12/220.62 mi26, Kimmeridge Close, Weymouth, Dorset DT3 5RL3
£300K08/210.62 mi23, Holme Close, Weymouth, Dorset DT3 5RW3
£267.5K11/200.62 mi18, Holme Close, Weymouth, Dorset DT3 5RW3
£300K06/230.62 mi46, Coronation Road, Radipole, Weymouth, Dorset DT3 5ET3
£223K06/210.62 mi46, Coronation Road, Radipole, Weymouth, Dorset DT3 5ET3
£340K04/210.62 mi15, Coronation Road, Weymouth, Dorset DT3 5ET3
£400K06/210.62 mi47, Icen Road, Weymouth, Dorset DT3 5JL3
£447K12/220.63 mi21, Roman Road, Weymouth, Dorset DT3 5JQ3
£325K12/220.64 mi13, Coronation Road, Radipole, Weymouth, Dorset DT3 5ET3
£250K07/230.65 mi3, Spa Road, Radipole, Weymouth, Dorset DT3 5EN3
£270K11/230.65 mi35, Kings Road, Weymouth, Dorset DT3 5ES3
£352K03/210.66 mi19, Spa Road, Radipole, Weymouth, Dorset DT3 5EN3
£377.5K04/210.68 miManor View, Manor Road, Weymouth, Dorset DT3 5HR3
£295K08/230.69 mi85, Goldcroft Road, Weymouth, Dorset DT4 0EA3
£285K07/210.7 mi84, Goldcroft Road, Weymouth, Dorset DT4 0EB3
£383K03/230.7 mi8, Waverley Road, Weymouth, Dorset DT3 5EB3
£380K03/230.7 mi1, Waverley Road, Weymouth, Dorset DT3 5EB3
£310K08/230.77 mi33, Princes Drive, Weymouth, Dorset DT4 7UQ3
£250K01/210.77 mi7, Princes Drive, Weymouth, Dorset DT4 7UQ3
£298K07/230.77 mi21, Princes Drive, Weymouth, Dorset DT4 7UQ3
£251K08/230.77 mi65, Princes Drive, Weymouth, Dorset DT4 7UQ3
£275K05/230.78 mi9, Milton Terrace, Weymouth, Dorset DT4 7LY3
£255K04/230.78 mi4, Norfolk Road, Weymouth, Dorset DT4 0PW3
£250K05/230.78 mi15, Norfolk Road, Weymouth, Dorset DT4 0PW3
£290K05/230.79 mi51, Southfield Avenue, Weymouth, Dorset DT4 7ND3
£255K09/210.79 mi43, Southfield Avenue, Weymouth, Dorset DT4 7ND3
£275K04/230.79 mi30, Southfield Avenue, Weymouth, Dorset DT4 7ND3

Local Rents

29 rents from £825/mo to £1.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40004/250.15 mi-3
£1,27505/240.3 miKenilworth, Weymouth3
£1,35005/240.65 miKings Road, Weymouth, Dorset, DT3 5ES3
£1,25004/240.71 miDorchester Road, Weymouth3
£1,60003/250.77 mi-3
£1,60004/240.78 miDorchester Road, Weymouth3
£1,30003/240.88 miLerrett Close, CHICKERELL, Weymouth3
£1,30003/240.93 miSchool Hill, Chickerell, WEYMOUTH3
£1,30005/240.93 miFishermans Close, Chickerell3
£1,40003/240.99 miDunster Rise, Chickerell, Weymouth3
£1,37501/250.99 mi-3
£1,35012/240.99 mi-3
£1,10005/241.07 miSymonds Close, Weymouth3
£1,35003/241.07 miWeymouth3
£1,80003/251.12 mi-3
£1,30003/241.13 miDoulton close, Weymouth3
£1,30003/241.13 mi-3
£1,30003/241.14 miWalpole Street, Weymouth3
£1,40003/241.14 miWeymouth3
£1,15002/241.15 mi-3
£1,35003/241.16 miChickerell Road, Chickerell, Weymouth3
£82503/241.19 miComing Soon - Close To Town3
£1,20005/241.2 miAbbotsbury Road, Weymouth3
£1,20005/241.2 miAbbotsbury Road, Weymouth3
£1,20003/241.21 mi12 Lennox Street3
£1,20012/241.22 mi-3
£1,25003/241.23 miHigher End, Chickerell3
£1,40004/241.24 miComing Soon - Weymouth3
£1,50003/241.24 miEverdene Drive, Chickerell, Weymouth3

Local Area Statistics

Population in DT4

36,845

Population in Weymouth

60,286

Town centre distance

0.62 miles away

Nearest school

0.10 miles away

Nearest train station

1.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £250,000

March 4, 2025

Floor Plans

Description

  • Semi Detached Home +
  • Off Road parking +
  • Full Refurbishment +
  • Large Rear Garden +
  • School Catchment Area +
  • Three Bedrooms +

Nestled on Radipole Lane in the charming coastal town of Weymouth, this three-bedroom semi-detached house presents a remarkable opportunity for those seeking a project to transform a property into their dream home. The residence requires a full renovation, allowing you to tailor the space to your personal taste and style.

Upon entering, you will find a spacious reception room that offers a welcoming atmosphere, perfect for family gatherings or entertaining guests. The three bedrooms provide ample accommodation, making this home ideal for families or those looking for extra space. The property also features a well-sized bathroom, which can be updated to suit your preferences.

One of the standout features of this property is the large rear garden, which offers a blank canvas for gardening enthusiasts or those wishing to create an outdoor oasis. Additionally, the convenience of off-road parking for two cars adds to the appeal, ensuring that you have ample space for vehicles.

Situated within a desirable school catchment area, this home is perfect for families with children. The absence of a forward chain means that you can move forward with your plans without unnecessary delays.

In summary, this semi-detached house on Radipole Lane is a fantastic opportunity for buyers looking to invest in a property with great potential. With its spacious layout, large garden, and prime location, it is sure to attract those eager to create a home tailored to their needs.

Front Of The Property - Path leading to the main front door and path leading to the rear garden. The property boasts gravelled off road parking for 2 cars.

Entrance - Double glazed front door leading to:

Inner Hallway - Front aspect double glazed obscured window, stairs leading to the first floor, storage cupboard housing the fuse board, doors leading to:

Lounge - Large front aspect double glazed window overlooking the gravelled parking area, power points, mantle piece with tiled surround.

Kitchen - Rear aspect double glazed window overlooking the rear garden, eye and base level units, storage cupboard, partially tiled, power points, Belfast sink

Utility Room - Double glazed obscured door leading to the rear garden, rear aspect double glazed window, partially tiled, Belfast Sink.

First Floor Landing. - Loft access via hatch, doors leading to:

Bedroom One - Front aspect double glazed window, power points, built in wardrobed.

Bedroom Two - Rear aspect double glazed window, power points, built in wardrobe, airing cupboard.

Bedroom Three - Front aspect double glazed window, built in wardrobe.

Bathroom - Rear aspect double glazed obscured window, panel enclosed bath, low level WC, hand wash basin

Rear Garden - Large rear garden which is fully wall and shrubbery enclosed, mainly laid to lawn, the garden also consists of two storage shelters and outside WC, there is also a metal gate leading to the front of the property.

Agent Details

Direct Moves, Weymouth

01305 231778

Next Steps?

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

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