2-bedroom house · SP8 4DP
Listing removedListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Quirky modernised charm, in a unique detached cottage that has been transformed by the present owners to a level rarely seen.
This is a remarkable home that benefits from a finish that is only possible when someone has an eye for all the little details and an ambition to create something special for themselves.
All within what most would regard as easy walking distance of all Gillingham has to offer. This is a property that can only be fully appreciated when visiting to note all the appealing aspects.
Where to start? Firstly, stepping through the front door and being wowed by the first impression: Beams, exposed stone, panelled walls, stylish modern finishes and light from windows on three sides.
Step into the kitchen and that is another feature room, with space for a breakfast area along another exposed stone wall.
A door opens onto the west facing courtyard with garden room to make the most of outside, whatever the weather. Upstairs the landing is large and there are more beams.
The bedrooms are both good doubles and are either end of the cottage.
For an older property, it surprisingly has a well appointed en-suite shower room, full bathroom with shower over the bath and the modern cloakroom WC downstairs.
Gillingham is a thriving, historic market town in North Dorset, set within the picturesque Blackmore Vale.
Located near the Somerset and Wiltshire borders, it features excellent commuter links (London Waterloo 2 hours), rich historic heritage, and beautiful surrounding countryside.
As one of the fastest-growing towns in the region, it provides a great balance of rural charm and modern convenience.
Good schools, major supermarkets including Waitrose, local independent shops, and a leisure centre.
Council Tax Band: C (Dorset Council) Tenure: Freehold Overhanging Porch Sitting And Dining Area W: 10' x l: 27' 10" (w: 3.05m x l: 8.48m) Features an Electronic Fireplace.
Kitchen/Breakfast Room W: 9' 9" x l: 15' 3" (w: 2.97m x l: 4.65m) Original Exposed Stone Wall. Cloakroom Cupboard with new Water Softener Unit.
First Floor: Landing Large useable space Bedroom 1 W: 12' x l: 14' (w: 3.66m x l: 4.27m) En-Suite Bedroom 2 W: 9' 3" x l: 15' 11" (w: 2.82m x l: 4.85m) Bathroom Outside Terrace Leads onto Garden Room.
Garden Room W: 8' 6" x l: 11' 7" (w: 2.59m x l: 3.53m) French Doors opening onto a Botanical Garden with a Water Feature.
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.
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FAQ
About The Grey House, Gillingham
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