2 Bed Bungalow, Refurb/BRRR, Weymouth, DT3 4EQ, £365,000

Higher End, Weymouth, DT3 4EQ - 2 views - a month ago

Refurb/BRRR
~68 m²
+14 photos

ValuationOvervalued

Sold Prices£190K - £435K
Sold Prices/m²£2.6K/m² - £6.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.4K/m²

Value Estimate

£236,379

 

 

End Value (After Refurb)

£345,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£25,200

Refurb Costs

£27,649

Bridging Loan Interest

£9,581

Total Cash In

£155,430

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£345,000

Mortgage (After Refinance)

£258,750

Mortgage LTV

75%

Cash Left In

£155,430

Equity

£86,250

Rent Range

£650 - £3,000

Rent Estimate

£1,266

Running Costs/mo

£1,351

Cashflow/mo

£-85

Cashflow/yr

£-1,024

Gross Yield

4%

Local Sold Prices

28 sold prices from £190K to £435K, average is £241.5K. £2.6K/m² to £6.7K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£290K06/210.09 mi16, Lower Way, Chickerell, Weymouth, Dorset DT3 4AR2
£315K12/220.14 mi14, Rolfe Crescent, Chickerell, Weymouth, Dorset DT3 4LY2
£323K10/200.15 mi22, West Street, Chickerell, Weymouth, Dorset DT3 4DY2
£285K12/200.15 mi13, Rashley Road, Chickerell, Weymouth, Dorset DT3 4AT2
£316K06/230.15 mi17, Rashley Road, Chickerell, Weymouth, Dorset DT3 4AT2
£260K02/230.18 mi25, Spiller Road, Chickerell, Weymouth, Dorset DT3 4AX2
£245K06/230.23 mi50, Fairfield, Chickerell, Weymouth, Dorset DT3 4AU2
£212K06/210.26 mi10, Teal Avenue, Chickerell, Weymouth, Dorset DT3 4NF2
£247K12/220.31 mi35, Maskew Close, Chickerell, Weymouth, Dorset DT3 4NL2
£200.5K03/210.32 mi23, Maskew Close, Chickerell, Weymouth, Dorset DT3 4NL2
£266K12/220.32 mi27, Drake Avenue, Chickerell, Weymouth, Dorset DT3 4NA2
£223K05/210.36 mi26, Elziver Close, Chickerell, Weymouth, Dorset DT3 4LN2
£196K04/210.38 mi17, Aldabrand Close, Chickerell, Weymouth, Dorset DT3 4LW2
£252.5K11/220.38 mi21, Mohune Way, Chickerell, Weymouth, Dorset DT3 4NG2
£270K09/210.39 mi12, The Bindells, Chickerell, Weymouth, Dorset DT3 4BF2
£190K01/210.39 mi23, The Bindells, Chickerell, Weymouth, Dorset DT3 4BF2
£197K02/210.4 mi28, Mohune Way, Chickerell, Weymouth, Dorset DT3 4NG2
£238K04/210.45 mi23b, Putton Lane, Chickerell, Weymouth, Dorset DT3 4AG2
£265K09/230.46 mi23b, Putton Lane, Chickerell, Weymouth, Dorset DT3 4AG2
£215K04/230.49 mi6, Browns Crescent, Chickerell, Weymouth, Dorset DT3 4AH2
£210K07/210.49 mi8, Browns Crescent, Chickerell, Weymouth, Dorset DT3 4AH2
£195K08/210.49 mi6, Browns Crescent, Chickerell, Weymouth, Dorset DT3 4AH2
£435K10/210.59 mi1, Butter Street, Fleet, Weymouth, Dorset DT3 4EE2
£230K11/230.83 mi32, Elizabeth Way, Chickerell, Weymouth, Dorset DT3 4DA2
£230K05/210.83 mi17, Elizabeth Way, Chickerell, Weymouth, Dorset DT3 4DA2
£255K01/230.83 mi8, Elizabeth Way, Chickerell, Weymouth, Dorset DT3 4DA2
£195K06/210.89 mi24, Chelwood Gate, Weymouth, Dorset DT4 9UZ2
£198K12/200.89 mi29, Chelwood Gate, Weymouth, Dorset DT4 9UZ2

Local Rents

50 rents from £650/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25003/240.02 miHigher End, Chickerell3
£89504/250.03 mi-1
£1,25005/240.05 miChickerell, Weymouth Dorset3
£72503/240.08 miMount Pleasant - Chickerell1
£1,35003/240.16 miAnvil Close, Chickerell, Weymouth3
£1,35003/240.22 miChickerell Road, Chickerell, Weymouth3
£1,37501/250.23 mi-3
£1,35012/240.23 mi-3
£1,30005/240.28 miFishermans Close, Chickerell3
£1,15003/240.3 miCourage Way, Chickerell, Weymouth2
£1,30003/240.31 miSchool Hill, Chickerell, WEYMOUTH3
£1,30003/240.33 miLerrett Close, CHICKERELL, Weymouth3
£1,40003/240.34 miDunster Rise, Chickerell, Weymouth3
£80004/240.36 miChickerell1
£75004/240.36 miChickerell1
£80005/240.43 miChickerell, Weymouth1
£1,60003/240.44 miPugmill Lane, Weymouth, Dorset, DT34
£95004/240.49 miBrowns Crescent, Chickerell, Weymouth, DT3 4AH2
£2,00003/240.57 miLilly Lane, Chickerell. Weymouth4
£2,00005/240.57 miLilly Lane, Chickerell. Weymouth4
£65003/240.86 miCharlestown, Weymouth1
£1,30003/240.87 mi-3
£1,75004/240.92 miChickerell Road, Weymouth4
£1,40003/240.93 miWeymouth3
£1,40003/251.1 mi-3
£1,00003/241.11 mi***let Subject To Referencing***2
£1,50003/241.12 miEverdene Drive, Chickerell, Weymouth3
£97503/241.25 miSycamore Road, Southill2
£99503/241.25 mi-2
£75004/251.26 mi-1
£80004/251.26 mi-1
£97503/241.27 miRowan Close - Southill2
£1,15002/241.29 mi-3
£2,50004/251.35 mi-3
£1,27505/241.38 miKenilworth, Weymouth3
£1,60003/241.41 miField Barn Drive - Weymouth4
£1,40004/241.51 miComing Soon - Weymouth3
£1,35003/241.58 miWeymouth3
£1,50004/241.63 miWeymouth3
£85001/241.68 mi-1
£1,10003/241.69 miWillerby Close, Weymouth, Dorset, DT32
£95003/241.69 miChickerell Road - Weymouth2
£97502/251.7 mi-2
£2,50005/241.7 miMount Pleasant Ave South, Radipole, Weymouth4
£3,00003/241.7 miMount Pleasant Ave South, Radipole, Weymouth4
£85003/241.73 miFranklin Road - Weymouth2
£95003/241.73 miFranklin Road - Weymouth2
£1,80003/241.73 miRoundham Gardens, Weymouth5
£85005/241.74 miFranklin Road, Weymouth2
£1,05011/241.74 mi-2

Local Area Statistics

Population in DT3

23,348

Population in Weymouth

60,286

Town centre distance

1.78 miles away

Nearest school

0.20 miles away

Nearest train station

2.22 miles away

 

 

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £365,000

March 7, 2025

Floor Plans

Description

  • Extensively Renovated Throughout +
  • Stunning Rear Extension w/ Skylight +
  • Luxury Feature Bathroom +
  • Spacious Master Bedroom +
  • Modern High-Spec Kitchen +
  • Private Landscaped Garden +
  • Off-Road Parking & Garage +

Video Available

Stunning Extended & Renovated Two-Bedroom Bungalow in the Heart of Chickerell

Welcome to 3 Higher End, Chickerell, a beautifully renovated, extended and modernised two-bedroom bungalow that has been transformed from the ground up to offer contemporary and spacious living. This high-specification home is a true showpiece, featuring an incredible open-plan living area, high-end finishes, and a landscaped rear garden—all situated in a sought-after location.

Interior Features:
Two Generously Sized Double Bedrooms – The spacious master bedroom boasts an impressive 165 sq. ft. of floor space, providing a luxurious and airy retreat.

Feature Bathroom – Designed with elegance in mind, the bathroom features a modern roll-top bath, a large walk-in shower, a stylish WC, and sink unit, all finished to a premium standard.

Stunning Rear Extension – The heart of this home is the beautifully designed open-plan kitchen and living space, complete with underfloor heating, a striking skylight and high-quality bi-fold doors that seamlessly connect to the landscaped rear garden.

High-Spec Kitchen – Featuring bespoke marble design granite worktops, hidden power points, an induction hob with extractor, a built-in fridge/freezer, and ample cupboard and drawer space for ultimate convenience.

Utility Room – A practical addition located at the front of the property, offering additional storage, washing machine & tumble dryer space along with loft access.

Exterior Features:
The property has been extensively rebuilt, featuring a high-quality white render finish and anthracite grey windows for a sleek, modern aesthetic.

A renewed/new roof and extended anthracite fascias with integrated spotlights enhance the home's contemporary feel.

Private, Landscaped Rear Garden – A true sanctuary featuring raised decking, tasteful tiling, gravel, turf, and outdoor power points, perfect for relaxation and entertaining.

Off-Road Parking & Garage – The front of the property includes a bricked driveway for one vehicle, while the widened garage accommodates an additional car, complete with a convenient remote controlled, electric roller door.

Agents Comments: I was truly blown away when I first visitied this property. The owner has essentially fully rebuilt this property to what you see today. Not only has there been this monumental level of work and craftmaship to bring the home to this standard but the level of detailing everywhere you look is unmatched. This is a close as someone could get to a new build home but with the peace of mind that quality was paramount throughout the whole renovation.

Prime Location – The Heart of Chickerell
Set within the charming village of Chickerell, this home enjoys a fantastic location with a range of local amenities, pubs, and shops nearby. The area is highly desirable, offering a peaceful setting while still being within easy reach of Weymouth’s stunning coastline.

Excellent transport links and reputable schools make this a perfect choice for those seeking a convenient yet tranquil lifestyle.
This one-of-a-kind bungalow is a must-see to truly appreciate the exceptional craftsmanship and attention to detail that has gone into creating this future-proofed, stylish home.

Agent Details

TAUK, Covering Nationwide

020 3910 6171

Next Steps?

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