2 Bed Terraced House, Single Let, Bridport, DT6 6EA, £200,000

The Green, Morcombelake, Bridport, DT6 6EA - 3 views - 21 days ago

Auction
BTL
ROI: 2%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£232.5K - £537.5K
Sold Prices/m²£3.5K/m² - £7.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£240,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£11,200

Total Cash In

£61,200

 

 

Cash Out

 

Rent Range

£945 - £1,600

Rent Estimate

£945

Running Costs/mo

£834

Cashflow/mo

£111

Cashflow/yr

£1,332

ROI

2%

Gross Yield

6%

Local Sold Prices

17 sold prices from £232.5K to £537.5K, average is £380K. £3.5K/m² to £7.1K/m², average is £5.3K/m².

PriceDateDistanceAddressBeds 
£475K02/210.8 miConegar, Bakers Cross, Whitchurch Canonicorum, Bridport, Dorset DT6 6RF2
£525K12/221.51 mi10, St Giles Close, Chideock, Bridport, Dorset DT6 6LQ2
£425K06/211.8 miWest Cottage, Lower Catherston Road, Charmouth, Bridport, Dorset DT6 6LY2
£248K03/212.19 miBerwick Cottage, The Street, Charmouth, Bridport, Dorset DT6 6NU2
£380K12/222.21 miCharside, Riverway, Charmouth, Bridport, Dorset DT6 6LS2
£395K11/202.26 miFlintstones, 3, Old Rectory Close, Charmouth, Bridport, Dorset DT6 6QD2
£295K04/212.33 mi12, Kidmore Close, Charmouth, Bridport, Dorset DT6 6RT2
£325K03/212.33 mi8, Kidmore Close, Charmouth, Bridport, Dorset DT6 6RT2
£357.5K09/212.33 mi8, Hammonds Mead, Charmouth, Bridport, Dorset DT6 6QX2
£357.5K09/212.33 mi8, Hammonds Mead, Charmouth, Bridport, Dorset DT6 6QX2
£348K10/202.36 mi9, Double Common, Charmouth, Bridport, Dorset DT6 6PT2
£537.5K03/212.39 miThe Tallett, Higher Sea Lane, Charmouth, Bridport, Dorset DT6 6BB2
£455K08/232.41 miBox Cottage, Higher Sea Lane, Charmouth, Bridport, Dorset DT6 6AX2
£455K08/232.41 miBox Cottage, Higher Sea Lane, Charmouth, Bridport, Dorset DT6 6AX2
£500K09/232.43 miLakestone, Higher Sea Lane, Charmouth, Bridport, Dorset DT6 6BD2
£281.4K06/232.91 mi11, Shear Plot, Symondsbury, Bridport, Dorset DT6 6HH2
£232.5K01/212.91 mi6, Shear Plot, Symondsbury, Bridport, Dorset DT6 6HH2

Local Rents

4 rents from £945/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10005/232.19 mi-3
£1,60002/252.21 mi-3
£94503/242.33 miLuttrell House, The Street, Charmouth1
£1,25003/242.4 miHigher Sea Lane, Charmouth, Bridport2

Local Area Statistics

Population in DT6

21,663

Town centre distance

3.74 miles away

Nearest school

2.30 miles away

Nearest train station

7.15 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Balanced market

Capital growth (5yrs)

+31%

Property History

Listed for £200,000

March 27, 2025

Floor Plans

Description

  • For Sale by Auction - Friday the 17th of May at 2:00pm +
  • Modern Fitted Kitchen +
  • Beautifully Landscaped Gardens +
  • Countryside Views +
  • No Onward Chain +

For sale by Public Auction and via Livestream on Friday the 16th of May at 2.00pm at the Merley House, Merley House Lane, Wimborne, Dorset BH21 3AA. A charming two bedroom terraced cottage in a village location, with beautifully landscaped gardens and countryside views.

The Property - This charming two bedroom cottage is situated in a popular village location, set away from the main road and enjoys countryside views and a lovely rear garden. The property opens into a useful porch and inner hallway, ideal for storing coats and shoes. The living/dining room is to the front, enjoying a pleasant outlook over the front garden to the countryside beyond. There is a focal point of a fireplace fitted with a woodburning stove, and plenty of space for a dining table and chairs along with a sofa suite. The modern fitted kitchen is to the rear, and is fitted with a range of wall, base and full length cupboards providing plenty of storage, and integrated appliances including an electric oven, microwave and hob, plus a wine fridge.

Stairs rise from the kitchen, with the family bathroom located halfway up on the right hand side. The bathroom is fitted with a panelled bath with shower over and a sink, and a further door opens into a separate wc and wash hand basin. Further stairs rise to the bedrooms, the principle being at the front with countryside views. The second bedroom is a generous single with fitted wardrobes.

Outside - There is a delightful patio garden to the front, and to the rear there is a useful log store, with stairs rising to the main garden. The garden has been well landscaped, with a large patio seating area and areas of lawn interspersed with mature shrubs. There is a summerhouse, shed and small pond.

Services - Mains electricity and water. Electric heating. Private septic tank.
Broadband - Standard broadband is available.
Mobile phone coverage - Network coverage is mostly good indoors and out.
Dorset Council -
Council Tax Band: B.

Situation - The property lies in the centre of the village of Morcombelake, which has a well-stocked farm shop. The market town of Bridport lies approximately 6 miles to the East. It has a variety of independent shops, supermarkets, public houses and restaurants catering for a range of tastes and varied arts and music events. Walking, water sports and riding opportunities are plentiful in the area. Communication links are good with road links along the A35 and mainline stations at Maiden Newton and Axminster. Charmouth and Lyme Regis are also just a short motoring distance away.

Solicitors - Barwells Solicitors, 19 High Street, Newhaven, East Sussex BN9 9PU
Attention of: Karen Stanyard
T:
E: conveyancing-

Material Information - It is understood that the drainage system does not comply with the current Environment Agency regulations and will need replacement. This will mean that until this is remedied only specialist lenders will consider applications.

Directions - What3Words///silence.forwarded.erase

Agent Details

Symonds & Sampson, Bridport

01308 800824

Next Steps?

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