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See how verdicts work1-bedroom flat · BH19 2NX
Listing removedReduced £25k (−11.1%) on 8 JulListed 136 daysAuction 3 Sep · ended
Opportunity summary
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About
For Sale by Auction - A mixed use property comprising a retail unit with a cellar, and a 1 bedroom maisonette, conveniently situated in the town centre, with a potential income of £20,000 per annum.
The Property Arranged over four floors (including cellar), this town centre property offers an excellent investment opportunity with a potential income of circa £20,000 per annum.
The ground floor provides a retail area with a separate store area and a cellar. The maisonette benefits from separate access at the rear, with a useful area for bin or bike storage.
The maisonette ground floor comprises WC, access to the retail unit and stairs to the first floor. The first floor provides landing, reception room with bay window, and kitchen on the first floor.
There is a bedroom, bathroom and landing with storage on the second floor. The accommodation is light and airy throughout and enjoys a pleasant outlook over the High Street.
Situation Located in the charming seaside town of Swanage, the property is conveniently located in the heart of the town centre, less than 500m from the beach.
Swanage lies at the eastern tip of the Isle of Purbeck and is made up of an attractive mixture of old stone cottages and more modern properties all of which blend in well with the peaceful surroundings.
The town offers an eclectic range of amenities including numerous shops and eateries, Swanage Railway and a delightful sandy beach.
To the south is the Durlston Country Park which is renowned for being the gateway to the Jurassic Coast and the World Heritage Coastline.
Wareham is approximately 9.5 miles with further amenities and a mainline station to London Waterloo.
What3Words ///hikes.pine.magnets Services Mains water, electricity, gas (38A only), and drainage Local Authority Dorset Council - 38 rv £3,550 38A - Council Tax Band A Agents Notes The property will be sold with vacant possession.
The tenant of the retail unit has been given notice, which expires on Tuesday 1 September. The sale is subject to a 6 week completion period (Thursday 3 September 2026).
The potential income is based on the following estimated rental values: 38 High Street £10,000 per annum, 38A High Street £850 per month.
Please note, the photographs of the shop were taken when the unit was empty, it is currently occupied. Solicitors Ellis Jones Solicitors Wimborne BH21 1DX
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
Area
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FAQ
About 38 & 38A, High Street, Swanage
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