2-bedroom flat · DT8 3LW
Listing removedListed 291 days
Opportunity summary
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About
A large, 2 bedroom ground floor flat, with garage and communal garden space. Stoke Water House is set in a semi-rural location near Beaminster.
The accommodation comprises a front porch that leads to a spacious hallway that provides access to all rooms.
The kitchen would benefit from modernisation and currently features an integrated single oven with a separate Hotpoint unit, and ample space to accommodate a washing machine, fridge, freezer and a dining table.
The spacious reception room, with feature fireplace, sits a step down from the main level and offers further potential; it could remain a spacious sitting room, or be divided to create a dining room or, if required, an additional bedroom.
The main bedroom is a spacious double with generous space. The second bedroom, also a double, has front facing windows. Both rooms have recently been re-plastered following damp course treatment.
Further along the hallway lies the shower room with wash hand basin with built in vanity unit, and a large, glazed shower cubicle.
Agents note We are required under The Estate Agents Act 1979 and the Provision of Information Regulations 1991 to point out that the Client we are acting for on the sale of this property is a “connected” person as defined by that Act.
Services & outgoings We understand that mains electric and water are connected to the property. Calor Gas. Septic tank. Council Tax: Dorset Council-Band C.
Maintenance/service charges This leasehold property is subject to a service change of £261 per month to cover maintenance of shared areas on the estate. There is no ground rent.
The term of the lease is from 6 November 2000 to 21 December 2999, with 974 years remaining.
The property benefits from a garage, located in the nearby block (the eighth one along), conveniently positioned just to the left as you step out from the porch.
Visitor parking is provided, adjacent to the communal garden.
This shared outdoor space is ideal for those who enjoy gardening or simply relaxing with a cup of tea on a sunny day, whilst the surrounding fields create a picturesque backdrop, offering lovely views and walks.
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
Agent & docs
FAQ
About Flat 15, Stoke Water House,, Beaminster, Dorset
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