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See how verdicts work2-bedroom flat · DT1 3DB
Sold STCListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented three-storey apartment situated in the sought-after Poundbury development.
Offering spacious and versatile accommodation, the property features two double bedrooms, an en-suite to the principal bedroom, a family bathroom, downstairs cloakroom and a well-equipped kitchen.
The generous dual-aspect living room benefits from French doors opening onto a large balcony, which enjoys a pleasant outlook over the surrounding green area.
The property also benefits from a single garage. EPC rating B.
Situation - Poundbury is designed to be a sustainable development where it is possible to meet a higher proportion of daily needs on foot.
Within walking distance to the property there is a plethora of amenities including Waitrose, The Duchess of Cornwall Hotel and Restaurant and an ever-growing range of bistros, coffee shops, beauty salons, shops, hairdressers, dentists, medical centre, and garden centre.
The Great Field is a short walk away and offers a wonderful open space. A Monart luxury spa is situated within the Royal Pavilion, Queen Mother Square and the Dorset County Hospital is also nearby.
Dorchester is rich in Roman heritage, with sites like the Dorset County Museum and Maiden Castle offering glimpses into its past.
It is also well known for its literary connections to Thomas Hardy and set amongst beautiful rural countryside.
Dorchester offers shopping and social facilities with cinemas, museums, leisure centre and weekly market. There are many excellent restaurants, public houses and riverside walks.
There are train links to London Waterloo, Bristol Temple Meads, and regular bus routes to adjoining towns.
Brewery Square is set within the heart of Dorchester and is a vibrant area offering further shopping and eating facilities with a central open space hosting several events throughout the year.
Description - Upon entering, the welcoming hallway provides access to a useful understairs storage cupboard, together with space for coats and shoes.
The downstairs cloakroom is fitted with a WC and hand basin, with part-tiled walls.
A staircase rises to the first floor which features a spacious, dual-aspect living room, enjoying an abundance of natural light and French doors opening onto a generous balcony.
The balcony provides an attractive outlook with views across the square. The well-appointed kitchen also benefits from French doors providing direct access to the balcony.
It is fitted with a five-ring gas hob, sink and drainer, integrated double oven, fridge freezer, dishwasher and washing machine, providing a comprehensive range of appliances for modern living.
A further staircase leads to the second floor. The second floor offers two generously proportioned double bedrooms.
The principal bedroom benefits from its own en-suite shower room, fitted with a shower cubicle, WC and hand basin, complemented by part-tiled walls.
An airing cupboard is also located on this floor and houses the central heating boiler.
Completing the accommodation is the family bathroom, which features a bath with shower over, WC and hand basin, with part-tiled walls. The property benefits from a single garage.
Local Authorities - Dorset Council County Hall, Colliton Park Dorchester DT1 1XJ Tel: Council tax band D.
Broadband And Mobile Service - At the time of the listing, standard, superfast and ultrafast broadband are available. Mobile phone service varies dependent upon your provider.
For up-to-date information please visit Flood Risk - Enquire for up-to-date details or check the website for the most current rating. Services - Mains electricity and water are connected.
Gas fired central heating. Stamp Duty - Stamp duty is likely to be payable on this property dependent upon your circumstance. Please visit the below website to check this.
Agents Notes - Please note there is an annual Manco charge with charges varying between £225 and £315 dependent upon location. Reduced fees are offered for early payment.
For further information on Poundbury including covenants and stipulations, please visit Lease of 999 years from 31st May 2017 with a remaining 990 years Service Charge: £1,061.00 per annum
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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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
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FAQ
About Reeve Street, Poundbury, Dorchester
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