2-bedroom flat · DT5 2NT
Listing removedReduced £20k (−7%) on 20 JunListed 223 days
Opportunity summary
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About
*stunning penthouse with panoramic sea views* A fantastic opportunity to purchase a piece of history with this extraordinary penthouse apartment with the luxury of unimpeded, 180 degree sea views, south facing roof terrace, expansive open plan living accommodation and two double bedrooms.
Boasting views from every window in the property, this unapparelled apartment was formerly a boardroom for the Ministry of Defences' Admiralty Underwater Weapons Establishment, playing a crucial role in conversations surrounding research into under water weapons and detection systems.
A door leads through into the entrance vestibule which provides access to all accommodation.
A sizeable, light and airy open plan reception area with well proportioned kitchen dominates the front of the property with unusually large, south westerly aspect window.
This wonderful space has a real feeling of grandeur due to it's exceptionally tall ceilings, ample light and sea views.
The kitchen consists of ample wood effect, shaker style units complimented with a grey countertop with matching floor and wall tiles.
The viewing room is currently utilised as a dining area, boasting ample space for a table as well as 180 degree sea views from East to West.
To the rear are two generously proportioned double bedrooms both with ensuite shower rooms.
Completing the property is a sun room which opens out onto a south facing roof terrace with summer house and far reaching views to include Portland Bill Lighthouse.
Kitchen/Living Room (11.48m max x 6.81m max (37'8 max x 22'4 max)) The Viewing Room/Dining Room (6.81m x 3.48m (22'4 x 11'5)) Conservatory (3.96m x 2.36m (13' x 7'9)) Bedroom One (5.23m max x 3.18m max (17'2 max x 10'5 max)) Bedroom One En-Suite Bedroom Two (5.41m max x 3.96m max (17'9 max x 13' max)) Bedroom Two En-Suite Roof Terrace (9.14m x 6.09m (29'11" x 19'11")) Lease Information The vendor has advised us that there are 103 years remaining on the lease, that the maintenance charge is £550 per quarter + £175 insurance per quarter paid to Compass Estates limited and that the quarterly bills are paid to Estate utilities Ltd.
Please check the accuracy of the above with your solicitor before any fees are spent. Additional Information The following details have been provided by the vendor, as required by Trading Standards.
These details should be checked by your legal representative for accuracy.
Property type: Apartment Property construction: Non Standard Mains Electricity Mains Water & Sewage: Supplied by Wessex Water Heating Type: Gas Broadband/Mobile signal/coverage: For further details please see the Ofcom Mobile Signal & Broadband checker.
Disclaimer These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. All measurements are approximate.
Any details including (but not limited to): Lease details, service charges, ground rents & covenant information are provided by the vendor and you should consult with your legal advisor/ satisfy yourself before proceeding.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
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 19., Maritime House, Portland
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