3 Bed Detached House, Refurb/BRRR, Sherborne, DT9 6DH, £280,000

Wynnes Rise, Sherborne, DT9 6DH - 1 views - a month ago

Auction
Refurb/BRRR
~93 m²
+12 photos

ValuationFair Value

Sold Prices£180K - £750K
Sold Prices/m²£2.5K/m² - £7.1K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£280,000

 

 

End Value (After Refurb)

£357,942

Uplift in Value

+28%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£37,706

Bridging Loan Interest

£7,350

Total Cash In

£133,506

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£357,942

Agent Fees (1%)

£3,579

Bridging Loan

£210,000

Bridging Loan Interest

£7,350

Flip Profit

£10,856

Local Sold Prices

50 sold prices from £180K to £750K, average is £310K. £2.5K/m² to £7.1K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£396K04/230.13 mi27, Horsecastles Lane, Sherborne, Dorset DT9 6BU3
£278.5K02/230.17 miPavilion House, Horsecastles, Sherborne, Dorset DT9 3HB3
£510K02/230.17 mi24, St Marys Road, Sherborne, Dorset DT9 6DG3
£190K02/230.18 mi7, Lenthay Close, Sherborne, Dorset DT9 6AE3
£199.9K11/200.19 mi45, Ridgeway, Sherborne, Dorset DT9 6DA3
£400K12/200.19 mi7, Richmond Road, Sherborne, Devon DT9 3HL3
£430K02/210.19 miDenton House, Richmond Road, Sherborne, Dorset DT9 3HL3
£470K07/230.19 miTollos, Richmond Road, Sherborne, Dorset DT9 3HL3
£315K11/220.21 mi45, Ridgeway, Sherborne, Dorset DT9 6DA3
£376.5K07/230.24 mi74, St Marys Road, Sherborne, Dorset DT9 6DQ3
£180K09/210.26 mi37, South Avenue, Sherborne, Dorset DT9 6AR3
£460K11/230.27 mi9, Kenelm Close, Sherborne, Dorset DT9 6BL3
£220K07/210.27 mi12, Westfield, Sherborne, Dorset DT9 6AY3
£226K01/230.28 mi24, South Avenue, Sherborne, Dorset DT9 6AP3
£272.9K09/210.34 mi31, Acreman Court, Sherborne, Dorset DT9 3PW3
£265K03/210.34 mi19, Acreman Court, Sherborne, Dorset DT9 3PW3
£293K10/230.34 mi12, Acreman Court, Sherborne, Dorset DT9 3PW3
£310K01/230.35 mi14, Askwith Close, Sherborne, Dorset DT9 6DX3
£295K09/210.35 mi9, Abbots Way, Sherborne, Dorset DT9 6DU3
£272K10/210.36 mi7, The Grove, Sherborne, Dorset DT9 3RF3
£277.5K10/220.36 mi26, Clanfield, Sherborne, Dorset DT9 6AZ3
£265K08/230.36 mi11, Clanfield, Sherborne, Dorset DT9 6AZ3
£510K05/210.36 mi4, St Antonys Square, Sherborne, Dorset DT9 3QG3
£370K05/210.36 mi110, Lenthay Road, Sherborne, Dorset DT9 6AG3
£400K08/230.37 mi20, Wydford Close, Sherborne, Dorset DT9 6DZ3
£368K04/210.37 mi2, Hunts Mead, Sherborne, Dorset DT9 6AL3
£355K09/210.37 mi7, Hunts Mead, Sherborne, Dorset DT9 6AL3
£267.5K10/210.38 mi105, Acreman Street, Sherborne, Dorset DT9 3PH3
£267.5K10/210.38 mi105, Acreman Street, Sherborne, Dorset DT9 3PH3
£345K11/200.38 mi296, Yeovil Road, Sherborne, Dorset DT9 4BH3
£271K03/210.39 mi4, Leet Court, Sherborne, Dorset DT9 6AN3
£265K08/230.4 miWithye's Garden, Lower Acreman Street, Sherborne, Dorset DT9 3EX3
£750K06/230.41 miSt Christophers, Westbury, Sherborne, Dorset DT9 3EL3
£230K06/210.41 mi5, Willis Hay, Sherborne, Dorset DT9 3EL3
£450K12/220.43 mi24, Hunts Mead, Sherborne, Dorset DT9 6AJ3
£285K06/210.45 mi11, Honeycombe Rise, Sherborne, Dorset DT9 6AH3
£266K02/210.45 mi25, Honeycombe Rise, Sherborne, Dorset DT9 6AH3
£370K06/210.55 mi2, Coombe Villas, Sherborne, Dorset DT9 4DB3
£400K01/210.59 miThundridge, Marston Road, Sherborne, Dorset DT9 4BL3
£525K09/230.64 mi70, The Sheeplands, Sherborne, Dorset DT9 4BS3
£325K12/220.67 miLewis House, Raleigh Court, Long Street, Sherborne, Dorset DT9 3EQ3
£480K06/210.68 mi4, Portman Square, Sherborne, Dorset DT9 4FJ3
£345K10/210.69 mi24, The Wilderness, Sherborne, Dorset DT9 3AE3
£270K01/210.69 mi2, The Wilderness, Sherborne, Dorset DT9 3AE3
£310K11/220.69 mi15, The Wilderness, Sherborne, Dorset DT9 3AE3
£300K11/200.74 mi11, St Swithins Close, Sherborne, Dorset DT9 3DW3
£256.5K11/200.74 mi10, St Swithins Close, Sherborne, Dorset DT9 3DW3
£315K08/210.74 mi19, St Swithins Close, Sherborne, Dorset DT9 3DW3
£330K09/230.74 mi15, St Swithins Close, Sherborne, Dorset DT9 3DW3
£310K01/230.76 miCooma, Bristol Road, Sherborne, Dorset DT9 4HS3

Local Rents

12 rents from £800/mo to £1.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,85005/240.29 miSherborne3
£1,25003/240.37 mi67 Acreman Street, Sherborne, Dorset, DT9 3PH3
£1,25004/240.53 mi5 Dairy Close, Sherborne, Dorset, DT9 4FR3
£1,59508/230.59 miThe Chantry, Marston Road, Sherborne, Dorset, DT9 4BL3
£1,40005/240.7 miNewland, Sherborne3
£1,50003/240.83 miFlat 1 Pencarrow, The Avenue, Sherborne, Dorset, DT9 3AJ3
£80011/230.85 mi-3
£1,50004/240.95 miBede Street, Sherborne, Dorset, DT93
£1,50005/240.95 miBede Street, Sherborne, Dorset, DT93
£1,15010/231.02 miGranville Way, Sherborne, Dorset, DT9 4AS3
£1,20012/231.04 mi-3
£95010/231.08 mi94 Granville Way, Sherborne, Dorset, DT9 4AT3

Local Area Statistics

Population in DT9

20,760

Town centre distance

0.49 miles away

Nearest school

0.30 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-5%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Listed for £280,000

March 27, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • No onward chain +
  • In need of modernisation throughout +
  • Front and rear garden +
  • Driveway parking +
  • Conservatory +

SUMMARY
In need of modernisation throughout this three bedroom house is offered to the market with NO ONWARD CHAIN. Driveway to the front and a garage, kitchen/diner, lounge and conservatory on the ground floor leading on to the rear garden. Upstairs are the three bedrooms and family bathroom.

DESCRIPTION
Sherborne is a market town and civil parish in North West Dorset, in South West England. It is sited on the River Yeo, on the edge of the Blackmore Vale, 6 miles (10 kilometres) east of Yeovil. The A30 road, which connects London to Penzance, runs through the town. South Western Railway operates hourly throughout most of the week between Exeter St David's, Sherborne, Salisbury and London Waterloo station. Sherborne has an array of pubs, restaurants and a fantastic selection of shops. Sherborne also provides various schooling for all age groups.

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.

Entrance Hall 
UPVC double glazed door to the side, radiator, telephone socket and stairs leading to the first floor.

Lounge 18' 5" x 11' 11" max ( 5.61m x 3.63m max )
Double glazed picture window to the front and second double glazed window to the side, radiator and open fire place.

Dining Room 12' 7" x 9' 7" ( 3.84m x 2.92m )
Double glazed patio doors leading to the conservatory, radiator and understairs cupboard housing electric meter and consumer unit.

Kitchen 9' 5" max x 8' 4" max ( 2.87m max x 2.54m max )
Double glazed window to the rear, ceramic sink and drainer unit, plumbing for a washing machine, and space for a fridge/freezer.

Conservatory 9' 11" x 8' 3" ( 3.02m x 2.51m )
UPVC with power and lighting.

Landing 
Cupboard over the stairwell and access to loft void.

Bedroom One 15' 1" max x 10' 2" max ( 4.60m max x 3.10m max )
Double glazed window to the front, radiator and fitted cupboard with shelving.

Bedroom Two 12' 4" x 9' 9" ( 3.76m x 2.97m )
Double glazed window to the rear and radiator.

Bedroom Three 12' max x 7' 11" ( 3.66m max x 2.41m )
Double glazed window to the front, radiator and some shelving.

Bathroom 9' 9" + door recess x 5' 8" ( 2.97m + door recess x 1.73m )
Double glazed window to the side and rear, roll top bath with mixer taps, W/C, wash hand basin, separate shower cubicle, extractor fan and heated towel rail.

Garage 18' x 8' 2" max ( 5.49m x 2.49m max )
Up and over door, glazed window to the side, lighting and garden door.

Front Garden 
Driveway leading to the garage with the remainder laid to lawn.

Parking 
Off street driveway parking to the front.

Rear Garden 
Garden with shrubs and bushes and path through the centre with a shed.

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: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Sherborne

01935 313845

Next Steps?

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