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See how verdicts work2-bedroom flat · DT5 1BA
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated moments from Portland Harbour, with sea views from the mature communal gardens, this retirement apartment is offered for sale with no onward chain and benefits from a car port, modern kitchen and bathroom.
The generous entrance hall provides ample space for storage and access to all principal rooms, including the spacious lounge/dining room, kitchen, two bedrooms and bathroom.
The substantial lounge/dining room spans the full length of the apartment, providing plenty of space for both comfortable seating and a dining table, making it ideal for everyday living and entertaining.
The modern kitchen is fitted with a range of matching wall and base units with complementary work surfaces.
It features a range-style oven with an extractor hood, space for a fridge/freezer and a good selection of storage cupboards.
Bedroom One is a well-proportioned double room with ample space for a double bed and a range of bedroom furniture. It also benefits from direct access to the bathroom.
Bedroom Two is another good-sized double bedroom and features a range of fitted wardrobes, providing excellent storage.
The bathroom is fitted with a panelled bath with a shower over, WC and wash hand basin.
Externally, the property benefits from mature communal gardens to the front, a communal courtyard to the rear and an allocated car port.
Convenient bus routes are nearby, and the development offers an excellent range of facilities, including a café, residents' lounge, laundry room and guest suite for residents and their visitors to enjoy.
Lounge (6.77 > 3.36 x 3.94 > 2.85 (22'2" > 11'0" x 12'11") Kitchen (2.92 x 2.43 (9'6" x 7'11" )) Bedroom One (3.96 x 3.4 (12'11" x 11'1" )) Bedroom Two (2.73 x 2.73 (8'11" x 8'11" )) Bathroom (2.72 x 2.22 (8'11" x 7'3")) Lease & Maintenance Information The property owns a 50% share with the remaining share beingowned by Housing 21.
The vendor informs us that the property has a 125 Year lease which commenced in 2006, and a monthly service charge of £352.82 with a support charge of £18.87 a month which is reviewed yearly, pets are permitted upon request.
Please ensure these details are verified by your solicitor before incurring any further costs.
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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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
Agent & docs
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FAQ
About Flat 4, Foylebank Way, Portland
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