6-bedroom detached house · DT9 4EQ
Opportunity summary
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About
REQUIRES WORK! CASH BUYERS ONLY!
A fantastic and potentially lucrative investment opportunity to acquire TWO partly developed, natural stone, detached new homes, requiring redevelopment and completion.
Garage, garden, parking facilities and only a short walk to Sherborne Town Centre, The Gryphon School and the Mainline Railway Station to London Waterloo.
This desirable residential site offers the opportunity for a prospective purchaser to redevelop and complete two partly constructed, detached, Sherborne stone dwellings.
Once the properties have been completed to a high specification, the finished units will no doubt command strong prices in line with current demand for Sherborne town property.
The plot is well located on the northern side of Sherborne being within walking distance of all town amenities and close proximity to the sought-after Gryphon High School and Sixth Form.
The square footage of plot 1 and 2 as outlined within the planning permission is approximately 1216 sq. ft.
respectively - over 2432 square feet of property, not including the extra garage space (current build dimensions may vary).
The orientation of the properties have been cleverly designed so that the rear outlook and gardens benefit from elevated views.
Garage facilities and parking form part of the well thought out development.Planning Permission.The full planning reference application number is WD/D/16/000806.
Details are also held within the legal pack which is available by application to the estate agent.Agents Note.The homes are currently at first fix stage of build.
NHBC have been involved in stage inspections and recommendations, however an independent building surveyor has identified defects within the build, including the footprint not being to the approved scale.
The full survey is available upon request.Town and Country Planning.The dwellings have been built with reference to the full planning permission and building control drawings.
Planning reference WD/D/16/000806.
A fantastic and potentially lucrative investment opportunity to acquire TWO partly developed, natural stone, detached new homes, requiring redevelopment and completion.
Garage, garden, parking facilities and only a short walk to Sherborne Town Centre, The Gryphon School and the Mainline Railway Station to London Waterloo.
This desirable residential site offers the opportunity for a prospective purchaser to redevelop and complete two partly constructed, detached, Sherborne stone dwellings.
Once the properties have been completed to a high specification, the finished units will no doubt command strong prices in line with current demand for Sherborne town property.
The plot is well located on the northern side of Sherborne being within walking distance of all town amenities and close proximity to the sought-after Gryphon High School and Sixth Form.
The square footage of plot 1 and 2 as outlined within the planning permission is approximately 1216 sq. ft.
respectively - over 2432 square feet of property, not including the extra garage space (current build dimensions may vary).
The orientation of the properties have been cleverly designed so that the rear outlook and gardens benefit from elevated views.
Garage facilities and parking form part of the well thought out development.Planning Permission.The full planning reference application number is WD/D/16/000806.
Details are also held within the legal pack which is available by application to the estate agent.Agents Note.The homes are currently at first fix stage of build.
NHBC have been involved in stage inspections and recommendations, however an independent building surveyor has identified defects within the build, including the footprint not being to the approved scale.
The full survey is available upon request.Town and Country Planning.The dwellings have been built with reference to the full planning permission and building control drawings.
Planning reference WD/D/16/000806. Extracts of the approved plans are included within our sales particulars (not to scale).
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
Agent & docs
FAQ
About Site adjacent to Quarr Lane Park Bristol Road Sherborne
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