We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · DT5 1LY
Sold STCListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the picturesque coastal town of Portland, this charming one-bedroom apartment presents an exceptional opportunity for those seeking a project property or a lucrative buy-to-let investment.
Boasting enviable sea views, the property offers a tranquil retreat whilst benefiting from unparalleled convenience.
The apartment enjoys direct access to Fortuneswell High Street, placing a wealth of local amenities, shops, and eateries right on your doorstep.
Imagine the ease of popping out for daily essentials or enjoying a leisurely stroll through the vibrant local community.
For those who appreciate the natural beauty of the Jurassic Coast, Chesil Beach is just a short walk away, offering stunning coastal walks, water sports, and breathtaking sunsets.
Internally, the property features a well proportioned layout, comprising one comfortable bedroom, a single bathroom, and a welcoming reception room.
The spacious kitchen/dining area is a standout feature, providing ample room for culinary creativity and entertaining guests.
This area holds significant potential for modernisation, allowing a new owner to truly put their stamp on the home and create a contemporary living space tailored to their tastes.
While currently presenting as a project property, its solid foundations and desirable location make it an ideal candidate for renovation.
With a little vision and investment, this apartment could be transformed into a stylish coastal haven or a highly sought-after rental property, capitalising on Portland's enduring appeal to tourists and residents alike.
Further enhancing its practicality, the property includes a small parking space, a valuable asset in this popular coastal location.
The EPC Rating is D, and the Council Tax Band is A, indicating favourable running costs.
This apartment is not just a home; it is an investment in a lifestyle, offering the chance to embrace coastal living with all the conveniences of town life.
Whether you are a first time buyer looking for an affordable entry into the property market, an investor seeking a promising rental yield, or simply someone dreaming of a coastal escape, this Portland apartment offers immense potential.
Early viewing is highly recommended to fully appreciate the scope and charm of this unique offering.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Portland, Dorset, DT5
Explore nearby