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See how verdicts work3-bedroom flat · DT1 1PD
For saleReduced £25k (−7.1%) on 22 JulListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern and spacious three bedroom apartment situated in dorchester town centre. Offered with two allocated parking spaces and accommodation extending over 2000 sq ft.
Converted from a former rectory, this spacious and characterful apartment provides just under 2000 square feet of accommodation in the heart of Dorchester and within a short walking distance of a host of local amenities.
On entering The Old Rectory, a spacious communal hallway leads to a set of stairs ascending to the property entrance.
On entering the apartment itself there is a small area for storing outdoor apparel, before a set of stairs lead up to the living space and accommodation.
A gallery landing area provides access to the principle rooms and is filled with natural light via two Velux windows.
The kitchen, living and dining area is one open plan space, making this the social centre of the apartment and an ideal entertaining space.
The kitchen area is fitted with a range of floor and wall mounted units as well as a central island, finished with marble effect work tops.
This area also includes a lantern roof drawing in an abundance of natural light.
The kitchen is fitted with a comprehensive range of built in appliances and is also supported by a most useful separate utility room with sink, further storage and plumbing for additional white goods.
The accommodation comprises three double bedrooms, two of which are en-suite and a family bathroom.
The master suite it set over two levels comprising spacious bedroom area, dressing area and en-suite shower room.
The bedroom area also benefits from two Velux windows enjoying plenty of natural light. Bedroom two enjoys equally good proportions, en-suite with both bath and shower and two built in wardrobes.
Bedroom three completes the accommodation providing space for a double bed and a range of free-standing furniture.
Services & outgoings We understand that mains electric, gas, water and drainage are connected to the property. Including gas fired central heating.
Council Tax: Council Tax Band C £2,201.91 p/a (2024/25) Maintenance/Service Charges: Service charge - £5,500.00 p/a Ground rent £350.00 p/a Lease Information: The property is offered on a leasehold basis.
The term of the lease is 126 years remaining as of 1 January 2017. Additional information Broadband: Ultrafast broadband available. Highest available upload speed - 1000 Mbps.
Highest Available download speed - 1000 Mbps Mobile Coverage: Available via EE, O2, three and vodafone.
For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a very low risk from River/Sea and surface water flooding Located in the centre of the County Town of Dorchester, The Old Rectory offers convenient and straightforward access to a diverse array of amenities.
These include a direct rail link to London/Waterloo, the county hospital, a cinema, an arts centre, museums, wine bars and schools.
The property benefits from two allocated parking spaces within close proximity of the property entrance. There is also a communal bin store for the use of all residents.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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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FAQ
About Flat 8, The Old Rectory,, Somerleigh Road, Dorset
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