2-bedroom property · DT1 1AD
Sold STCListed 337 days
Opportunity summary
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About
A second floor apartment in excellent decorative order, situated within a managed over 60's retirement building in central Dorchester with parking and communal gardens.
Introduction - Southfield House was built in the 1980's of standard construction and is a managed block of retirement apartments for the over 60's, situated within a conservation area, close and level stroll to the town centre.
Residents enjoy a range of amenities, including emergency call alarms in every room, a house manager, a secure entry system, lift and stair access to all floors, a communal residents lounge and garden and a guest bedroom, available for booking in advance.
The Property - This well-positioned second-floor apartment offers a delightful outlook over South Walks Road at the end of the pedestrianised shopping area of South Street, making it an ideal spot to observe the vibrant surroundings.
This apartment has been maintained to a high decorative standard throughout with replacement doors, contemporary walk in shower room, carpets and modern Fischer electric heating system.
The spacious accommodation comprises a welcoming hallway with a spacious airing cupboard with hot water cylinder and a separate cloaks cupboard.
The sitting room enjoys views of South Walks Road, while the separate fitted kitchen features an integrated electric oven, halogen hob with extractor hood, along with space and plumbing for a washing machine and tall fridge/freezer.
The property includes a generously sized double bedroom with fitted wardrobes and the second bedroom can double up as a separate dining room if desired.
The modern shower room has a practical double walk in shower. Additional benefits include double glazing throughout and the advantage of no forward chain.
Outside - Well kept communal gardens to the front and rear with a pleasant communal seating area. Resident and visitors off road parking permits.
Situation - The county town provides a good range of shops, restaurants and leisure facilities. There are numerous sports clubs around the town including cricket, rugby, football, tennis and golf.
There are many footpaths and bridleways across the beautiful surrounding countryside.
Nearby Brewery Square boasts a development with a variety of eateries, including Cote Brasserie, Wagamama, Zizzi, Pizza Express, Vivo Lounge, Nando's, Brewhouse & Kitchen and Costa.
The square also includes a Premier Inn, an Odeon Cinema and multiple fashion retailers. The Dorset County Hospital is nearby.
Dorchester South and West train stations provide services to London Waterloo and Bristol Temple Meads respectively.
Directions - What3words ///deploying.whizzing.trail Services - Mains, water, electricity, and drainage connect. Fischer electric heating. Council Tax Band B.
Dorset Council Broadband - Ultrafast speed available Mobile - There is mobile coverage in the area, please refer to Ofcom’s website for more details.
( Material Information - At the time of launching to the property the vendors' have advised that Grant of Probate is awaited. Lease 99 years from December 1988 (61 years remaining).
Service charge £2,362.36 per annum (2025/26) paid to Stonewater. Ground rent £69.96 per annum. Please note that pets are not permitted at the property and the Lease prohibits subletting.
Age Requirement - Whilst anyone can own the apartment, one of the occupants must be over the age of 60.
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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About South Walks Road, Dorchester
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