1-bedroom flat · DT8 3AE
Opportunity summary
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About
Period Grade 2 listed apartment in the heart of Beaminster Town with sash windows but a modern interior. The flat has its own front door to the rear with a lobby and stairs just to this flat.
Access Door to rear of Hogshill Street, off Francis Mews. Ground floor lobby with Utility Cupboard. Stairs rise to first floor. Door from shop to give shop tenants a rear exit.
Entrance Hall Doors off to all rooms. Living Room / Kitchen (19' 4'' max x 15' 6'' max (5.89m max x 4.72m max)) Large, light open plan living space. Two sash windows to front aspect.
Kitchen area at one end has a range of fitted base and wall units with worktop over. There is a third window in the Kitchen with pleasant views across town to the rear.
Bedroom (12' 3'' x 11' 0'' (3.73m x 3.35m)) Double bedroom with window to front aspect. Feature fireplace.
Bathroom Modern neutral suite comprising wash hand basin, close coupled WC & shower cubicle. Extractor fan & towel rail.
Further Information The flat is subject to a Section 106 Agreement under affordable housing rules. This means the flat must be sold or let at 35% below market value.
The asking price takes this into account already, as does the current tenancy, but this must be upheld by the new owner.
Further details of the Section 106 Agreement are available to view via the selling agent. Tenure •Ground Rent: The ground rent payable for any new lease of this property will be a peppercorn.
•Service Charge: The only likely regular expense will be buildings insurance. Otherwise, the plan is for service charge to be on an ad hoc basis.
•Share of Freehold: It would be the intention to transfer a 50% share in the freehold interest to the owner of 11a in common with the owner of the ground floor shop if/when the ground floor shop is disposed of by our mutual client.
•Term: The Lease will be for 999 years.
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 11a, Hogshill Street, Beaminster
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