2-bedroom flat · DT4 7FJ
For saleListed 239 days
Opportunity summary
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About
SUMMARY A GROUND FLOOR apartment which is tastefully appointed as part of Compass Point Development, a select development of HIGH QUALITY apartments with impressive COMMUNAL AREAS including a GYMNASIUM & BICYCLE STORAGE.
A PERFECT INVESTMENT as a FIRST TIME BUY or use as a HOLIDAY LETTING dwelling. DESCRIPTION Compass point was designed and built in 2020 and has been very tastefully remodeled.
The building benefits from a bicycle store, storeroom and a communal gymnasium, which can only be accessed by residents of the building.
Whilst this apartment is on the ground floor there is a lift the block servicing all floors, including the basement level where the gymnasium is located.
The property is superbly presented, with the developers ensuring this new modern appearance, has not taken away the character of this 20th century building.
The apartment accommodation comprises an entrance hallway with a storage cupboard housing the immersion tank and doors to principal rooms.
At the rear is large, open plan, kitchen / living / dining area with three sash windows for plenty of natural light.
The kitchen area boasts a range of contemporary eye level and base units with a range of integrated appliances including washing machine, fridge freezer, electric oven, four ring electric hob and extractor hood above.
The apartment further benefits from two bedrooms.
There is a main bathroom comprising paneled bath with rainfall shower over, wash hand basin and low-level WC which has been impressively designed throughout. There is allocated parking.
The apartment is situated within the sought after location of Lodmoor in the seaside town of Weymouth.
This area has become increasingly popular over the years, with bus routes providing access to the beach and town centre.
Communal Entrance Double glazed security door with intercom system leading to: Communal Hallway Tiled flooring throughout, door leading to apartment entrance which is located on the ground floor.
Entrance Wooden door leading to Hallway Intercom system, power points, spot lights, storage cupboard, doors leading to: Open Plan Living 17' 4" x 17' 5" ( 5.28m x 5.31m ) Kitchen / Lounge 17' 4" x 17' 5" ( 5.28m x 5.31m ) Open plan kitchen/Lounge with rear aspect double glazed window, power points, electric heater.
Kitchen area.
Range of eye and base level units with work surfaces over, integral fridge/freezer, integral washer dryer, 4 ring electric hob with oven underneath and extractor fan overhead, spot lights, sink with drainer.
Part tiled. Bedroom One 11' 11" x 9' 6" ( 3.63m x 2.90m ) Rear aspect double glazed window, power points, electric heater, build in wardrobe with glass sliding doors, spot lights.
Bedroom currently occupies a Super-King bed, showing the space in the bedroom for all bed sizes!
Bedroom Two 11' 10" x 7' 9" ( 3.61m x 2.36m ) Rear aspect double glazed window, power points, electric heater, spot lights.
Bathroom Rear aspect double glazed obscured window, the suite comprises of panel enclosed bath with shower overhead, low level WC, hand wash basin.
Outside Communal Bicycle Store Private Gymnasium Lease Length & Charges The vendor informs us there is a 125 year lease which started July 2020 with a service charge of £1463.16 PA and the ground rent is £177.50.
Pets & Holiday Letting is permitted on the lease. We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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 Dorchester Road, Weymouth
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