2-bedroom flat · DT6 3FL
For saleListed 120 days
Opportunity summary
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About
A well presented apartment with lovely views in a peaceful, tucked away position within Bridport town centre.
EPC: C The Property - Flat 8, Priory Mills, is a spacious second floor apartment within a historic former mill, having attractive natural stone elevations.
It was skilfully converted in 2009 by the well known and respected local builders, C G Fry & Son Ltd., and is grade II listed, of architectural or historic importance.
There is the benefit of both stairs and lift access.
The apartment enjoys a sunny west-facing aspect with views over the river meadows, the River Brit, playing fields and to the well known landmark of Colmer’s Hill.
Finished to an excellent specification, features include gas-fired central heating, sealed unit windows, contemporary well equipped kitchen with AEG electric double oven, electric hob and cooker hood, fridge/freezer and washing machine, modern bathroom with ‘P’ shaped bath plus mains shower and oak flooring to the living/dining room.
The well presented accommodation, which enjoys higher than average ceilings and deep windows, extends to long reception hall with extensive storage cupboards, living/dining room, kitchen, two double bedrooms and bathroom.
The apartment is being offered on the open market for the very first time. Some of the furniture and contents are available.
Outside - There is an allocated parking space together with visitors’ parking.
Situation - Priory Mills enjoys a very private, peaceful and tucked away, position in the very heart of Bridport town centre.
Open space is very nearby with playing fields and delightful riverside walks. Bridport is a thriving and historic market town, well known for its wide streets and twice weekly popular street market.
It offers an excellent range of shopping, business and leisure facilities including a leisure centre with indoor swimming pool, arts centre and Electric Palace entertainment venue.
The immediate area is designated as one of outstanding natural beauty (AONB) and conservation area.
The stunning Jurassic Coast is very nearby at West Bay, with its pretty harbour, bathing beaches, clifftop walks and golf course.
The larger centres of Dorchester and Weymouth are just 20/30 minutes’ drive away with mainline rail services to London. Services - All mains services. Gas-fired central heating.
Broadband - Standard up to 16Mbps and Superfast up to 80Mbps.
Mobile phone service providers available are O2 and Vodafone for voice and data services inside and outside and EE and Three for voice and data services(limited outside) (Broadband and mobile phone information taken from Ofcom website Results are predictions and not a guarantee.
Actual services available may be different from results and may be affected by network outages). Tenure - Long leasehold (250 years with effect from 2009) with a share of the freehold.
There is a Residents’ Management Company and a service charge for maintenance of the building, lift, sinking fund, building insurance and window cleaning, currently approximately £1550pa.
Long term lets are allowed but not holiday lettings. Pets by consent of the Management Company. Viewings - Strictly by appointment with Stags Bridport.
Directions - From Stags’ Bridport office proceed a short distance down South Street and turn right into Gundry Lane. At the bottom turn left and immediately right.
Priory Mills will be seen immediately ahead. What3Words: ///liner.massaging.cubed
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.
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FAQ
About Priory Lane, Bridport
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