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See how verdicts work3-bedroom semi-detached house · SP7 0DB
For saleReduced £24.9k (−6.2%) on 27 OctListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom cottage situated in a quiet, rural setting offering views and a large garden with parking, in need of internal modernisation.
The Property A semi-detached cottage situated in a quiet, rural setting in need of modernisation.
The property is offered for sale for the first time in over 100 years and offers no forward chain.
The property is entered into a porch opening into a hall, with a sitting room to the right and dining room to the left, both with fireplaces, and a small kitchen between the two rooms.
Leading through from the dining room is an inner hall providing space for a utility area, as well as the bathroom and separate cloakroom.
Upstairs, there are three bedrooms, two of which are doubles and one single. Outside The property benefits from a generous plot of roughly 1/4 of an acre.
The property is accessed via a gated driveway which provides ample off road parking with a single detached garage. The garden is mostly laid to lawn providing a blank canvas for any new owner.
There is a workshop to the side of the cottage, as well as a greenhouse at the bottom of the garden. At the end of the garden is a pleasant view overlooking the pond coming from the Mill.
Location The picturesque North Dorset village of Melbury Abbas is situated at the foot of Spreadeagle Hill between Blandford and Shaftesbury.
Mentioned in the' Domesday Book' as 'Meleberie', the shape of the village has changed little over the centuries with its heart in agriculture. St.
Thomas's Church with its tower is roughly in the centre of the community.
The area is within the Cranborne Chase and West Wiltshire Downs Area of Outstanding Natural Beauty and with its undulating countryside offers several beautiful walks.
The nearby market town of Shaftesbury plays host to a wide variety of amenities, schools and leisure facilities whilst mainline train stations are located within the surrounding village of Tisbury (10 miles) or town of Gillingham (12 miles).
Services Mains water and electricity are connected. The property is serviced by a shared septic tank with neighbouring properties, and heated via a coal fired heating system.
Tenure Freehold. Council Tax Dorset Council Tax Band D What3Words ///steam.including.untruth Viewings Strictly by appointment only via Boatwrights Estate Agents.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Redmans Lane, Melbury Abbas
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