3-bedroom flat · DT5 1DQ
Listing removedListed 51 days · slow let
Opportunity summary
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About
Available for long term let Set back a short stroll from Easton Square, this light and spacious, Stone-Fronted, three bedroom apartment with a private garden.
Stepping over the threshold, you enter into the spacious living room, benefitting from a front aspect window, built-in storage and a wallpapered feature wall.
Beyond the living room, is a long corridor providing access to all other rooms as well as useful cupboards at either end. Opposite the living room is the kitchen which is due to undergo renovation.
The property boasts three bedrooms: Two generously sized doubles and a third bedroom which would well suit a home study or child's bedroom.
Both of the larger bedrooms benefit from built in storage and hanging space. The family bathroom benefits from a panelled bath with overhead electric shower, a wash hand basin and close couple WC.
Living Room (3.8m x 4.85m (12'5" x 15'10")) Bedroom 1 (3.1 x 5.7m (10'2" x 18'8")) Bedroom 2 (3.8m x 4.7m (12'5" x 15'5")) Bedroom 3 (3.4m x 2.6m (11'1" x 8'6")) Kitchen (3.4m max x 3m max (11'1" max x 9'10" max)) Tenant Fee's Holding Deposit (per tenancy) - One week’s rent.
This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50,000 per year) - Five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy. Security Deposit (per tenancy.
Rent of £50,000 or over per year) - Six weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s) Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s) Variation of Contract (Tenant’s Request) - £50 (inc.
VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant’s Request) - £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant’s Request) Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Lettings Additional Info The following details have been provided by the Landlord, as required by Trading Standards. These details should be checked by your legal representative for accuracy.
Property type: Flat Property construction: Stone Mains Electricity Mains Water & Sewage: Supplied by Wessex Water Heating Type: Gas Central Heating Broadband/Mobile signal/coverage: For further details please see the Ofcom Mobile Signal & Broadband checker.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
FAQ
About 3, Alma Terrace, Portland
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