2-bedroom flat · DT6 3FL
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very spacious apartment with wonderful panoramic views, occupying a peaceful position within Bridport town centre.
EPC: C The Property Flat7, Priory Mills is a very attractive second floor apartment within a historic former flax 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 listed grade 2, of architectural or historic importance.
There is the benefit of both stairs and lift access.
The apartment is considered to be one of the best within the building, enjoying a very sunny triple east, south and west aspect with wonderful far-reaching views over the town, the allotments, the church, river, playing fields and the surrounding countryside, taking in the well known viewpoints of Colmer’s Hill, Langdon Hill, Eype Down, East Cliff and Bothen Hill.
Finished to an excellent specification, features include gas-fired central heating, sealed unit windows, contemporary kitchen with comprehensive integrated appliances (electric double oven, electric ceramic halogen hob, cooker hood, fridge/freezer and washing machine), modern en-suite shower room with walk-in shower and modern bathroom, together with attractive hardwearing wood-style vinyl flooring throughout.
The well presented accommodation enjoys higher than average ceilings and deep windows, making it very bright and spacious.
Viewing of this very desirable apartment is highly recommended by the sole agents.
Outside There is the benefit of a garage with fully board loft space and ladder above, 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 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 with mainline rail services to London. Services All mains services. Gas-fired central heating.
Broadband - Standard up to 16Mbps and Ultrafast up to 1000Mbps.
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 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, lifts, sinking fund, building insurance and window cleaning, currently £1,516.25pa.
Holiday lettings and pets are not permitted. Long term lets are allowed. Pets by consent of the management company.
Residential Lettings If you are considering investing in a Buy To Let or letting another property and require advice on current rents, yields or general lettings information to ensure you comply, please contact a member of our lettings team on or via email Viewings Strictly by appointment with Stags Bridport.
Directions From Stags Bridport 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 directly ahead.
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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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About Flat 7, Priory Mills, Bridport
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