3-bedroom terraced house · DT6 6AF
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SUMMARY 3 Bedroom three storey house! This stunning home is offered to the market on a shared ownership basis available from a 45% share. SHARED OWNERSHIP!
DESCRIPTION The rare opportunity to be able to purchase plot 708 which is a 3 bedroom end of terrace, 3 storey brand new shared ownership home, with two allocated parking spaces.
Situated on a sought after development.
Address - 142 Walbridge Way, Bridport, DT6 5FU Open market - £385,000 45% share- £173,250 Rent - £485.26 Service charge - £25.20 Foundry Lea is a practical and appealing choice for those who are looking to get on the property ladder.
GET IN TOUCH TODAY! Location Foundry Lea is a brand-new development located on the edge of Bridport, a charming market town in West Dorset.
This welcoming community offers the best of both worlds – peaceful countryside living with all the essentials close by.
In Bridport town centre, approximately two miles away, you’ll find a selection of independent shops, cafes, pubs and restaurants, along with supermarkets such as Waitrose, Lidl and Morrisons.
Families will appreciate the nearby schools, such as Symondsbury CE Primary School, which is within walking distance.
Foundry Lea benefits from excellent transport connections, with easy access to the A35, making it simple to get around Dorset and beyond.
The development is just 10 minutes from the stunning Jurassic Coast, offering beautiful beaches and scenic walks.
Foundry Lea offers modern homes in a fantastic location, combining comfort, convenience, and natural beauty.
About Magna Magna Housing is a medium-sized, independent housing company which works with local communities to help people solve their housing problems and make their housing dreams come true, overwhelmingly in the counties of Dorset and Somerset.
What Is Shared Ownership? You buy an initial share in your new homes - usually between 25% and 75% - and you pay a discounted rent on the remaining share.
The share you buy will be the most you can afford based on a financial assessment.
Then, if your financial circumstances change, you can buy further shares as and when it is appropriate to you, and in most cases you can own your home outright.
It does not mean that you have to share your home with anyone! Not just for first time buyers!
Eligibility You are not eligible to apply if you: -Already own a home, or -Are selling your current home but it is not yet under offer (sold subject to contract).
Basic shared ownership criteria: -You cannot afford to buy a similar home on the open market. -You do not have any County Court Judgements (CCJs) against you.
-Your household income does not exceed £80,000. -You can afford the mortgage and deposit for the share you wish to purchase, or you have enough equity to buy the share.
-You do not own another property (if you do, it must be sold before completing on the shared ownership home).
Please Note We will endeavour to use the photographs and virtual tours of the actual property but may also show pictures/videos of the showhome, other plots on the development and/or computer generated images.
Floorplan images may be handed. Reservation fee applies. Lease details are currently being compiled. For further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 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.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Walbridge Way, Bridport
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