1-bedroom house · DT1 3GX
Sold STCListed 105 days
Opportunity summary
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About
A one bedroom, first floor retirement apartment situated close to The Great Field and local amenities.
Introduction - The apartment is situated on the first floor of this managed block of 29 retirement properties. Fleur De Lis is designed as an independent living environment, not assisted living.
Constructed in 1998, it includes double-glazed units, electric heating, emergency careline facilities, security entry phone system, lift and stairs to all floors, communal residents lounge and landscaped garden.
There is also a guest suite on site, which is bookable in advance. No pets are allowed. The Property - This first-floor apartment with attractive circular windows is situated in Phase 1 of Poundbury.
The accommodation comprises a hallway, airing cupboard with doors leading into all principal rooms.
The sitting room with double doors to fitted kitchen with a range of wall and floor mounted units with worktops over, integral eye level double oven, hob, extractor hood and fridge/freezer, with space for a washing machine.
There is a bathroom with shower over the bath and a double bedroom with fitted wardrobes and cupboards.
Outside - Externally there is a communal landscaped garden with gravelled beds, paved seating areas and a variety of shrubs. A gated driveway leads to a covered parking area.
Situation - The property is located just a short walk to Pummery Square with bus stop, general store, doctors, pharmacy, leisure centre, public house and cafes.
Close by is Queen Mother Square which offers a good range of amenities including Waitrose, a public house, butchers, Luxury Monart Spa, coffee houses, restaurant and garden centre.
Across the Poundbury development there are further independent retailers and a post office, veterinary practice, dental surgeries, along with the vibrant and friendly Damers First School.
Directions - What3words///daydream.detective.ignore Services - Mains drainage, electricity and water. Night storage heating. There is mobile coverage in the area.
Please refer to Ofcom's website for further details Local Authority Dorset District Council Tel: Tel: . Council Tax Band C.
Material Information - Lease Details We understand that the Lease details are approximately the following: 125 years from 1st January 1998 Leasehold remaining 97 years.
Service charge payable 2026 ~ £4,440.00 per annum Ground Rent £524.00 per annum Manco service common areas £315.00 per annum Age requirement - 55 years and over. Photos taken in July 2026
Value & comps
No previous sales on record.
Returns
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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 Middlemarsh Street, Poundbury, Dorchester
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