1-bedroom flat · DT1 2FH
Listing removedReduced £10k (−6.7%) on 20 JunListed 647 days
Opportunity summary
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About
Offered with no onward chain is this one bedroom, ground floor apartment, situated within Barnes Lodge, a Churchill retirement development designed exclusively for the over 60s, located within the town of Dorchester.
The apartment offers accommodation comprising a sitting room which gives direct access on to the communal gardens, a well-appointed kitchen, good size bedroom and shower room.
In addition, the apartment benefits from a communal car park with parking on a first-come-first-serve basis. EPC rating C.
Situation The county town of Dorchester is steeped in history and set amongst beautiful rural countryside.
Dorchester offers shopping and social facilities with cinemas, museums, leisure centre and weekly market. There are many excellent restaurants, public houses and riverside walks.
Doctor’s, dentist surgeries and the Dorset County Hospital are close by.
There are train links to London Waterloo, Bristol Temple Meads, Weymouth and other coastal towns and villages, and regular bus routes to adjoining towns.
Brewery Square is set within the heart of Dorchester and is a vibrant area offering further shopping and eating facilities with a central open space hosting several events throughout the year.
Barnes Lodge Barnes Lodge is a Churchill Retirement Living development designed exclusively for the over 60s.
The development offers an owners lounge, a guest suite, well-being lounge and communal laundry room.
The development also offers a lift to all floors and a careline support system connected to 24-hour support so, in the event of an emergency, you have direct contact with either the Lodge Manager or a member of the call-centre team 24 hours a day, 365 days a year.
Accommodation Entrance An entrance door takes you through to the property's hallway with access granted to all rooms, including a large airing cupboard which houses the newly fitted immersion tank.
Sitting Room A generous-sized sitting room features a central fireplace with electric fire, surround and mantle and a single door leads directly on to the communal garden space.
Kitchen The kitchen has been fitted with a range of modern, white wall and base level units with worksurfaces over and a stainless steel sink and drainer.
Integral appliances include a four-ring hob, Zanussi oven and freezer. There is also a counter top fridge and free-standing washer dryer (which will both stay).
Bedroom The bedroom is double in size and benefits from a fitted wardrobe with sliding doors.
Shower Room The shower room has been furnished with a corner shower cubicle, WC, heated towel rail and wash hand basin with vanity storage below.
The room is complete with vinyl flooring and tiled walls. Agents Notes Service charge - Half yearly charge of £1,739.53. Ground rent - Half yearly charge of £322.22.
Lease length - 125 years from and including 1 April 2014. 1% of the agreed selling price is payable to Churchill Living. Any buyer would be subject to an interview with the house manager.
The current owner holds an indemnity policy for any potential Chancel repair claims. Flood Risk Enquire for up to date details or check the website for the most current rating.
Services Mains electricity, water and drainage are connected. Domestic hot water is supplied by an electric 'PulsaCoil' boiler.
Room heating radiators are supplied from a boiler servicing the whole block and paid via the service charge. This excludes the kitchen and shower room.
Further details of the central heating can be gained via the managing agents.
Local Authorities Local Authorities: Dorset Council County Hall Colliton Park Dorchester Dorset DT1 1XJ We are advised that the council tax band is C.
Viewings Strictly by appointment with the sole agents: Parkers Property Consultants and Valuers Tel: Stamp Duty Stamp duty is likely to be payable on this property dependent upon your circumstance.
Please visit the below website to check this.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 14 Barnes Lodge, Wessex Road, Dorchester
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