3 Bed Terraced House, Refurb/BRRR, Weymouth, DT4 0AW, £145,000

Ilchester Road, Weymouth, DT4 0AW - 7 views - 2 months ago

Auction
Refurb/BRRR
ROI: 3%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£170K - £375K
Sold Prices/m²£1.6K/m² - £4.8K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£163,200
BMV2%

 

 

End Value (After Refurb)

£251,452

Uplift in Value

+57%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£37,702

Bridging Loan Interest

£3,806

Total Cash In

£88,708

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£251,452

Agent Fees (1%)

£2,515

Bridging Loan

£108,750

Bridging Loan Interest

£3,806

Flip Profit

£51,479

Local Sold Prices

50 sold prices from £170K to £375K, average is £239.8K. £1.6K/m² to £4.8K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£235K05/210.09 mi31, Newstead Road, Weymouth, Dorset DT4 0AT3
£232K03/210.09 mi33, Newstead Road, Weymouth, Dorset DT4 0AT3
£297K01/230.1 mi31, Newstead Road, Weymouth, Dorset DT4 0AT3
£275K11/200.12 mi116, Newstead Road, Weymouth, Dorset DT4 0AR3
£243K08/230.13 mi2, Granville Road, Weymouth, Dorset DT4 0BQ3
£210K01/210.13 mi14, Granville Road, Weymouth, Dorset DT4 0BQ3
£332.5K12/220.13 mi43, Newstead Road, Weymouth, Dorset DT4 0AT3
£350K11/220.17 mi4, Milton Road, Weymouth, Dorset DT4 0AZ3
£275K11/200.17 mi27, Wedgwood Road, Weymouth, Dorset DT4 0GB3
£235K12/210.18 mi14, Newstead Road, Weymouth, Dorset DT4 8JE3
£260K11/210.18 mi74, Wardcliffe Road, Weymouth, Dorset DT4 0HP3
£238K02/230.19 mi3, Holyrood Terrace, Weymouth, Dorset DT4 0BE3
£265K06/210.19 mi41e, Abbotsbury Road, Weymouth, Dorset DT4 0AQ3
£250K08/210.24 mi20, Marsh Road, Weymouth, Dorset DT4 8JD3
£230K04/210.24 mi10, Marsh Road, Weymouth, Dorset DT4 8JD3
£231K02/210.24 mi18, Marsh Road, Weymouth, Dorset DT4 8JD3
£290K03/230.25 mi10, Marsh Road, Weymouth, Dorset DT4 8JD3
£170K12/200.26 mi10a, Barclay Road, Weymouth, Dorset DT4 0JB3
£288K05/230.26 mi10a, Barclay Road, Weymouth, Dorset DT4 0JB3
£257.5K06/210.26 mi18d, Highland Road, Weymouth, Dorset DT4 0BG3
£220K08/230.26 mi37, Cromwell Road, Weymouth, Dorset DT4 0JQ3
£295K03/230.28 mi186, Newstead Road, Weymouth, Dorset DT4 0DY3
£235K11/200.28 mi186, Newstead Road, Weymouth, Dorset DT4 0DY3
£255.5K12/200.28 mi41a, Southview Road, Weymouth, Dorset DT4 0JD3
£285K06/230.28 mi41d, Southview Road, Weymouth, Dorset DT4 0JD3
£232.5K12/210.3 mi6, Franklin Road, Weymouth, Dorset DT4 0JR3
£360K02/230.32 mi110, Knightsdale Road, Weymouth, Dorset DT4 0HX3
£308K11/200.32 mi104, Knightsdale Road, Weymouth, Dorset DT4 0HX3
£320K12/200.34 mi14, Franklin Road, Weymouth, Dorset DT4 0JW3
£247.5K03/210.34 mi107, Knightsdale Road, Weymouth, Dorset DT4 0HU3
£375K11/220.34 mi41, Longcroft Road, Weymouth, Dorset DT4 0PB3
£190K09/230.35 mi26, High West Street, Weymouth, Dorset DT4 8JH3
£187K11/200.36 mi16, Chickerell Road, Weymouth, Dorset DT4 8HX3
£220K03/210.36 mi43, Chickerell Road, Weymouth, Dorset DT4 8HX3
£232K04/210.36 mi65, Franklin Road, Weymouth, Dorset DT4 0JP3
£255K10/210.36 mi16, Emmadale Road, Weymouth, Dorset DT4 0LA3
£275K06/230.36 mi28, Emmadale Road, Weymouth, Dorset DT4 0LA3
£210K02/230.36 mi6, Clifton Place, Weymouth, Dorset DT4 7DD3
£260K08/230.37 mi48, Chickerell Road, Weymouth, Dorset DT4 0BN3
£204K03/210.37 mi72, Chickerell Road, Weymouth, Dorset DT4 0BN3
£180K11/200.38 mi5, New Street, Weymouth, Dorset DT4 8DA3
£237.5K10/230.38 mi91, Chickerell Road, Weymouth, Dorset DT4 0BW3
£282K11/200.38 mi19b, Love Lane, Weymouth, Dorset DT4 8JZ3
£195K05/230.39 mi8, Albert Street, Weymouth, Dorset DT4 7DL3
£200K02/210.39 mi75, Chickerell Road, Weymouth, Dorset DT4 0BW3
£202K02/210.39 mi107, Chickerell Road, Weymouth, Dorset DT4 0BW3
£225K01/230.39 mi99, Chickerell Road, Weymouth, Dorset DT4 0BW3
£210K06/210.39 mi28, Rodwell Road, Weymouth, Dorset DT4 8QL3
£207K02/210.4 mi2, Prince Of Wales Road, Weymouth, Dorset DT4 0BY3
£241.5K06/210.4 mi13, Prince Of Wales Road, Weymouth, Dorset DT4 0BY3

Local Rents

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

RentDateDistanceAddressBeds 
£1,20005/240.06 miAbbotsbury Road, Weymouth3
£1,20005/240.06 miAbbotsbury Road, Weymouth3
£82503/240.11 miComing Soon - Close To Town3
£1,30003/240.17 miDoulton close, Weymouth3
£1,30003/240.38 miPrince Of Wales Road, Weymouth3
£1,45003/240.39 miAlbert Street, Weymouth3
£1,20011/230.53 mi-3
£1,30003/240.54 miWalpole Street, Weymouth3
£1,35003/240.54 miWeymouth3
£1,20012/240.55 mi-3
£1,80003/250.55 mi-3
£1,20003/240.61 mi12 Lennox Street3

Local Area Statistics

Population in DT4

36,845

Population in Weymouth

60,286

Town centre distance

0.86 miles away

Nearest school

0.30 miles away

Nearest train station

0.44 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Price changed to £145,000

March 24, 2025

Listed for £160,000

March 10, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • No onward chain +
  • Central location +
  • Three bedrooms +
  • Private, low maintenance rear garden +
  • On-street parking +

SUMMARY
Situated centrally and providing easy access to Weymouth Harbour, town centre, and beach, this mid-terraced family home is offered for sale with no onward chain. With scope to improve and modernise, this is the perfect property for those looking to add their own touch and add value.

DESCRIPTION
Introducing this charming mid-terraced three-bedroom house, brimming with potential and waiting for your personal touch. Located centrally on Ilchester Road, this property is in need of modernisation, making it an ideal opportunity for those looking to create their dream home.

Upon entering, you are greeted by a welcoming entrance hall that sets the tone for the rest of the home. The spacious lounge features sliding doors that seamlessly connect to the dining room, creating a versatile space perfect for entertaining or family gatherings.

The kitchen offers a functional layout and is conveniently located adjacent to the bathroom on the ground floor, providing ease of access for everyday living.

A lean-to conservatory/utility room adds valuable extra space, perfect for laundry, storage, or even a small home office.

Step outside to discover a paved rear garden, offering a low-maintenance outdoor area for relaxation or outdoor dining.

The first floor boasts three well-proportioned bedrooms, each with the potential to be transformed into cozy retreats.

This property represents a fantastic opportunity for buyers looking to invest in a home with great potential. With a bit of modernisation, this house could easily become a stylish and comfortable family home. Don't miss out on the chance to make it your own

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Front Garden 
Small front garden with steps to access front door

Entrance Porch 
UPVC glazed door leads you into an entrance Porch, and an internal, glazed door to the Entrance Hall

Entrance Hall 
Leading to stairs and ground floor rooms. Wall-mounted radiator

Lounge 12' 8" into window x 10' 9" max ( 3.86m into window x 3.28m max )
Front aspect double-glazed, bay windows. Electric fire. Built-in storage and shelves. Wall-mounted radiator. Glazed sliding door to Dining Room

Dining Room 10' 9" x 14' 1" max ( 3.28m x 4.29m max )
Wall-mounted radiator. UPVC, double-glazed French doors providing access to the Utility/Conservatory

Kitchen Irregular Shaped Room 12' 4" x 8' 4" ( 3.76m x 2.54m )
Side access single-glazed windows (to Utility/Conservatory). Rear door to garden.

Utility/Conservatory 15' 5" x 6' 4" ( 4.70m x 1.93m )
Lean-to style area with plumbing for a washing machine. Rear composite door providing access to rear garden

Bathroom 
Ground floor. Low level WC, wash hand basin, and walk-in shower

Rear Garden 
Laid to patio with raised borders. Rear access to lane behind.

Landing 
Airing cupboard. Fully-boarded loft space with access ladder and light

Bedroom 1 Irregular Shaped Room 8' 11" x 7' 1" ( 2.72m x 2.16m )
Rear aspect, double-glazed window. Wall-mounted radiator. Low-level WC and wash hand basin (with shutter door). Reduced head height

Bedroom 2 13' 1" into wardrobe x 10' 2" ( 3.99m into wardrobe x 3.10m )
Front aspect, double-glazed window. Wall-mounted radiator. Large built-in wardrobes with mirrored sliding doors

Bedroom 3 10' 8" x 8' 11" ( 3.25m x 2.72m )
Rear-aspect, double-glazed window. Side-aspect, internal, single-glazed, obscure glass window. Wall-mounted radiator

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Fox & Sons, Weymouth

01305 237575

Next Steps?

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