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See how verdicts work2-bedroom bungalow · DT5 1HU
Listing removedListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Operated as a successful holiday let, and offering sensational sea views, this two double bedroom leasehold bungalow is presented for sale.
The property is neatly-presented throughout and offers an open-style lounge diner with french doors onto the property's rear low-maintenance patio area as well as being close to fantastic coastal walks.
The bungalow is offered for sale with no onward chain and would make an ideal investment or a lovely family holiday home. Stepping over the threshold, you find yourself in the property's kitchen area.
The kitchen comprises white traditional-style units with grey granite-effect worktops over as well as integral oven and space for a freestanding appliance.
The kitchen also presents itself with some built-in storage and access into the open-style living area.
The lounge diner is a light and airy space with french doors onto the low-maintenance outside patio area.
The space currently hosts a four-seater dining table and two sofas as well as other furnishings: Offering an ideal living space to relax with loved ones.
To the rear of the property, a hallway leads into two double bedrooms and the bungalow's shower room.
Each bedroom is a well-proportioned double with ample space for a double bed and other furnishings as well as a respective front/ rear aspect window spilling rays of sunshine into the space.
The property's modern-style shower room offers a double shower cubicle, heated towel rail, wash-hand basin and WC.
The property is situated moments from Pennsylvania Castle, Church Ope Cove and fantastic coastal walks providing an excellent holiday home destination or holiday let investment.
The vendor informs us of the following information: -Lease date from 1999 with a 99 year term. -The annual charges are circa £7,000 p/a which cover Site Fee's/Insurance/Water/Rate.
-You are only able to reside in the property for 10 & 1/2 months of the year.
Lounge/Diner (4.69 x 3.04 (15'4" x 9'11")) Kitchen (2.43 x 3.11 (7'11" x 10'2")) Bedroom One (2.55 x 3.05 (8'4" x 10'0")) Bedroom Two (2.81 x 3.05 (9'2" x 10'0")) Shower Room Additional Information The following details have been provided by the vendor, as required by Trading Standards.
These details should be checked by your legal representative for accuracy.
Property type: Mid Terrace Bungalow Property construction: Standard Mains Electricity Mains Water & Sewage: Supplied by Wessex Water Heating Type: Electric Heating Tenure: Leasehold - 99 years from new, 74 remaining, the service charge of £7,000 includes site fees, insurance & water.
Broadband/Mobile signal/coverage: For further details please see the Ofcom Mobile Signal & Broadband checker.
Disclaimer These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. All measurements are approximate.
Any details including (but not limited to): Lease details, service charges, ground rents, property construction, services, & covenant information are provided by the vendor and you should consult with your legal advisor/ satisfy yourself before proceeding.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 9, Cove Park, Pennsylvania Road, Portland
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