3 Bed Detached House, Refurb/BRRR, Weymouth, DT3 5LW, £375,000

Weymouth, Dorset, DT3 5LW - 9 months ago

Refurb/BRRR
~114 m²
+13 photos

ValuationFair Value

Sold Prices£170K - £525K
Sold Prices/m²£2.2K/m² - £5.2K/m²

 

 

Square Metres

~113.73 m²
Price/m²£3.3K/m²

Value Estimate

£369,477

 

 

End Value (After Refurb)

£373,921

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£46,168

Bridging Loan Interest

£9,844

Total Cash In

£180,212

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£373,921

Mortgage (After Refinance)

£280,441

Mortgage LTV

75%

Cash Left In

£180,212

Equity

£93,480

Rent Range

£600 - £3,000

Rent Estimate

£1,184

Running Costs/mo

£1,425

Cashflow/mo

£-241

Cashflow/yr

£-2,896

Gross Yield

4%

Local Sold Prices

47 sold prices from £170K to £525K, average is £295K. £2.2K/m² to £5.2K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£300K04/210.06 mi580a, Dorchester Road, Weymouth, Dorset DT3 5DD3
£370K06/210.07 mi671, Dorchester Road, Weymouth, Dorset DT3 5BZ3
£323.5K04/210.08 mi14, Beech Road, Weymouth, Dorset DT3 5NP3
£250K03/210.13 mi60, Jestys Avenue, Weymouth, Dorset DT3 5NN3
£340K10/230.13 mi15, Jestys Avenue, Weymouth, Dorset DT3 5NN3
£310K06/230.16 mi6, Regency Drive, Weymouth, Dorset DT3 5PG3
£262K06/210.2 mi7, Windsor Road, Weymouth, Dorset DT3 5PQ3
£386K06/210.2 miMillstream Cottage, Mill Street, Weymouth, Dorset DT3 5DN3
£450K06/230.26 mi631, Dorchester Road, Weymouth, Dorset DT3 5BX3
£302.5K10/210.26 mi3, St Lawrence Road, Weymouth, Dorset DT3 5NF3
£260K09/230.27 mi25, St Lawrence Road, Weymouth, Dorset DT3 5NF3
£420K04/210.28 miSpinningdale, Littlemead, Broadway, Weymouth, Dorset DT3 5DL3
£460K11/210.28 mi4, Westbrook View, Weymouth, Dorset DT3 5RD3
£210K02/210.28 mi55, Broadwey Close, Weymouth, Dorset DT3 5PH3
£218K06/210.29 mi60, Springfield Road, Weymouth, Dorset DT3 5RN3
£345K06/210.29 mi1, Wheatear Close, Weymouth, Dorset DT3 5SD3
£317K02/210.29 mi2, Wheatear Close, Weymouth, Dorset DT3 5SD3
£240K01/230.3 mi55, Broadwey Close, Weymouth, Dorset DT3 5PH3
£525K05/230.3 mi2, Stottingway Street, Weymouth, Dorset DT3 5QA3
£315K02/210.3 mi2, Stottingway Street, Weymouth, Dorset DT3 5QA3
£444K09/230.3 mi16, Stottingway Street, Upwey, Weymouth, Dorset DT3 5QA3
£455K05/230.33 mi5, Springfield Crescent, Broadwey, Weymouth, Dorset DT3 5DY3
£220K10/200.37 mi470, Littlemoor Road, Weymouth, Dorset DT3 5SY3
£240K12/200.37 mi466, Littlemoor Road, Weymouth, Dorset DT3 5SY3
£267K05/210.38 mi28, Chapel Lane, Weymouth, Dorset DT3 5NA3
£280K11/230.39 mi66, Bridlebank Way, Weymouth, Dorset DT3 5RP3
£360K03/230.39 mi17, Miles Gardens, Upwey, Weymouth, Dorset DT3 5NH3
£278K11/220.39 mi24, The Finches, Weymouth, Dorset DT3 5QN3
£285K11/220.4 mi34, Brambling Close, Weymouth, Dorset DT3 5SX3
£220K03/210.45 mi682, Dorchester Road, Weymouth, Dorset DT3 5LD3
£250K09/210.47 mi30, Kestrel View, Littlemoor, Weymouth, Dorset DT3 5QZ3
£290K03/230.47 mi823, Dorchester Road, Weymouth, Dorset DT3 5LB3
£330K03/210.5 miWindmill Cottage, Laurel Lane, Weymouth, Dorset DT3 5LZ3
£425K02/230.58 mi3, Court Road, Weymouth, Dorset DT3 5DQ3
£275K11/200.58 mi1b, Court Road, Weymouth, Dorset DT3 5DQ3
£325K04/210.58 mi12, Broadlands Road, Weymouth, Dorset DT3 5DG3
£275K06/210.58 mi7, Broadlands Road, Weymouth, Dorset DT3 5DG3
£275K12/220.62 mi61, The Doves, Littlemoor, Weymouth, Dorset DT3 5SQ3
£245K12/200.66 mi74, Elwell Street, Weymouth, Dorset DT3 5QF3
£418K09/230.67 mi48, Elwell Street, Weymouth, Dorset DT3 5QF3
£370K08/210.73 mi481, Dorchester Road, Weymouth, Dorset DT3 5BW3
£295K06/210.75 mi14, The Ridgeway, Upwey, Weymouth, Dorset DT3 5QQ3
£295K06/210.75 mi14, The Ridgeway, Upwey, Weymouth, Dorset DT3 5QQ3
£185K11/200.93 mi26, Bayard Road, Weymouth, Dorset DT3 6AJ3
£170K12/200.93 mi38, Bayard Road, Weymouth, Dorset DT3 6AJ3
£210K06/210.93 mi1, Kimberley Close, Weymouth, Dorset DT3 6RJ3
£235K08/220.97 mi55, Bayard Road, Weymouth, Dorset DT3 6AL3

Local Rents

50 rents from £600/mo to £3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,30003/240.13 miWestlake Close, Weymouth3
£1,20003/240.14 miOld Station Road, Weymouth2
£75003/240.19 mi-1
£80005/240.2 miDorchester Road, Weymouth, Dorset2
£1,05003/240.23 miMeadow View Road, Weymouth2
£79503/250.29 mi-1
£1,05003/250.31 mi-2
£1,30005/240.34 miReedling Close, Littlemoor3
£97503/240.34 miWeymouth2
£1,00005/240.35 miCamedown Close, Weymouth2
£82504/240.35 miReedling Close, Weymouth1
£1,00003/240.35 miReedling Close, Weymouth2
£1,30004/250.35 mi-2
£1,50003/240.37 miBridlebank Way, Weymouth3
£1,05003/240.39 miThe Finches, WEYMOUTH2
£1,05003/240.45 miKestrel View, Weymouth2
£80003/240.46 miKestrel View, Weymouth, DT3 5QZ2
£1,05004/240.51 miThe Woodpeckers, Weymouth2
£75007/240.52 mi-1
£1,40005/240.53 miWeymouth3
£82501/250.54 mi-1
£80005/240.58 miPipit Close, Weymouth2
£1,45005/240.61 miCourt Road, Weymouth3
£60004/240.7 miJenner Way, Weymouth1
£95001/250.79 mi-2
£1,05011/240.82 mi-2
£77504/240.88 miCanberra Road, WEYMOUTH1
£77503/241.02 miLittlemoor Road, Weymouth, Dorset, DT3 6AF1
£1,25004/251.05 mi-3
£1,10003/241.1 miWillerby Close, Weymouth, Dorset, DT32
£1,60004/241.15 miDorchester Road, Weymouth3
£1,40009/241.4 mi-3
£1,20003/241.4 miGentian Way,2
£2,50005/241.47 miMount Pleasant Ave South, Radipole, Weymouth4
£3,00003/241.47 miMount Pleasant Ave South, Radipole, Weymouth4
£1,25004/241.63 miDorchester Road, Weymouth3
£1,60003/251.65 mi-3
£1,10005/241.7 miSymonds Close, Weymouth3
£1,35005/241.71 miKings Road, Weymouth, Dorset, DT3 5ES3
£1,40004/251.81 mi-3
£1,45004/241.84 miOakbury Drive, Preston3
£97503/241.84 miSycamore Road, Southill2
£87503/241.86 miOakbury Drive, Weymouth, Dorset, DT32
£87509/241.87 mi-2
£96504/241.88 mi-2
£1,10005/241.88 mi-2
£1,20005/241.88 mi-2
£98504/241.88 miCleveland House, Weymouth, DT42
£1,10004/241.88 miCleveland House, Weymouth, DT42
£2,75011/231.89 mi-6

Local Area Statistics

Population in DT3

23,348

Population in Weymouth

60,286

Town centre distance

2.05 miles away

Nearest school

0.60 miles away

Nearest train station

0.38 miles away

 

 

Rental growth (12m)

-15%

Sales demand

Balanced market

Capital growth (5yrs)

+19%

Property History

Price changed to £375,000

January 31, 2025

Listed for £395,000

July 11, 2024

Floor Plans

Description

  • Grade II listed detached property +
  • Quiet Broadwey location +
  • Three bedrooms +
  • Attractive, mature wrap-around gardens +
  • Garage and off-road parking +

A charming Grade II listed DETACHED home with beautiful wrap around gardens in the highly sought after location of Broadwey. Built in the early 19th century this property offers plenty of character, three bedrooms and a mature garden to sit and enjoy the attractive quiet setting. This property offers a unique opportunity for interior renovations and updating throughout.

Upon entering the property you step into the centrally located HALLWAY, an inviting space leading to all rooms and the staircase leading to the FIRST FLOOR. On a practical note, the CLOAKROOM is a useful space for storing footwear and coats and a further cupboard offers more storage space.

The SITTING ROOM enjoys a front aspect and offers a light and spacious room to sit and relax. A gas fire centres the space, with sash windows framing the view across the attractive front lawn.
Across the HALLWAY, the DINING ROOM offers an inviting space to dine, although it could be used as a second reception room if desired.
Moving through to the rear of the property the KITCHEN/BREAKFAST ROOM sits in a thoughtfully designed extension offering a versatile space to cook and dine. There are a plethora of shelves and cabinets and plenty of space to add more if needed. A useful PANTRY offers storage space and houses the washing machine and boiler. There is a freestanding electric cooker, under counter fridge and freezer.

The BATHROOM sits adjacent to the KITCHEN and is fitted with a large walk-in shower cubicle with a shower mixer, a vanity unit with wash hand basin and a wall mounted towel rail.

The separate W.C., is located through the rear door and has a wash hand basin for convenience.
Returning to the HALLWAY and ascending to the first floor, three bedrooms offer comfortable sleeping accommodation.

The PRINCIPAL ROOM is generous in size and features the original wash hand basin. The bedroom benefits from a dual aspect allowing plenty of natural light and there is space for a king size bed and freestanding furniture as desired.

BEDROOM TWO is another spacious double room with a wash hand basin and offers a separate space to use as a dressing area as needed. This room enjoys views out towards the front and rear of the property.

BEDROOM THREE sits central to the other rooms and would be an ideal single bedroom or study.

Outside
The FRONT GARDEN is mostly laid to lawn with a pathway leading to the front of the property and offers plenty of privacy due to the attractive arrangement of mature shrubs and trees situated throughout. A side gate leads to the REAR GARDEN, a colourful and peaceful setting perfect for outside dining. Through a gate at the end of garden, a further section of garden offers an added space which would make a delightful allotment or secret garden.

The property comes with one off street parking space in front of the large GARAGE which accommodate a vehicle or a WORKSHOP/STUDIO.

Location
While enjoying a secluded, 'set back' position, the property is conveniently placed for countryside walks along the River Wey, and easy access to the towns of Weymouth and Dorchester. Local amenities include a convenience store, florist, and hairdresser, with a petrol station and secondary school further up Dorchester Road. Nearby Upwey railway station provides links to London Waterloo, along with excellent bus routes to Weymouth and Dorchester town centres.

Directions
Use what3words.com to navigate to the exact spot. Search using: duty.reshaping.email

Agent Details

DOMVS, Weymouth

01305 231984

Next Steps?

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