1-bedroom flat
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain is this well presented one bedroom retirement apartment ideally positioned within walking distance of Weymouth Town Centre, amenities and transport links.
Well maintained throughout, the property offers a spacious lounge/diner, modern kitchen, one double bedroom, a contemporary shower room, external storage, communal gardens and first-come-first-served parking.
Entry to the building is via a secure communal door with fob access. A lift and stairs serve all floors, with this apartment located on the second floor.
Adjacent to the front door is a private external storage cupboard housing the electric meters.
Inside, the welcoming hallway provides access to all principal rooms and including useful storage cupboard.
The generous lounge/diner offers ample space for both living and dining furniture, featuring front-aspect bay window that beautifully illuminates the living space.
A door leads through to the kitchen which has a range of fitted cabnitry and space for a range of appliances. Bedroom one is a comfortable double with a built-in wardrobe and front-aspect window.
The shower room includes a walk-in shower, vanity basin with storage, W.C, extractor fan and decorative tiling. Several rooms are fitted with 24-hour careline pull cords.
To the rear of the building are well-maintained communal gardens, mainly laid to lawn with patio seating areas for residents to enjoy. Communal parking is available on a first-come-first-served basis.
Residents also benefit from access to a communal lounge and events. The apartment is superbly located just a short stroll from Weymouth Town Centre and the beach.
Everyday amenities-including a chemist, dentist, doctors’ surgery and convenience store-are moments away. Greenhill Gardens is close by, and there is a regular bus service to Dorchester.
Kitchen (3.43 x 1.69 (11'3" x 5'6")) Lounge/Diner (5.67 max x 3.07 max (18'7" max x 10'0" max )) Bedroom (3.56 x 2.84 (11'8" x 9'3")) Shower Room (2.03 x 1.76 (6'7" x 5'9")) Lease & Maintenance Information The vendor informs us that there is a remaining lease of 58 years, the service charge is £253 pcm which includes the ground rent, pets are allowed but not replaced, no holiday letting permitted, over 55's only.
We recommend details are verified by your solicitor before incurring any additional costs. The service charge may be subject to change during the length of the lease.
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 Victoria Street, Weymouth
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