2-bedroom flat · DT6 4GY
For saleListed 188 days
Opportunity summary
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About
An immaculate modern ground floor 2 bedroom flat with small sitting terrace and parking within a few minutes' walk of the fishing harbour, beaches and cliff walks along the Jurassic Coastline SITUATION: No 12, Driftwood is located in the very heart of West Bay within a few minutes' walk of the harbour, beaches and with access to the South West Coastal Paths along the Jurassic Coastline.
This is prime position for enjoying holidays or living full time.
This small coastal resort, essentially a fishing village, has several good eateries, pubs and kiosks and caters for a wide range of water and marine pursuits and also has a golf club on East Cliff.
West Bay also hosts a wide variety of events throughout the year.
The centre of the town of Bridport is easily accessed by road, bus or several footpaths, being just 1.5 miles distant and where there is a vibrant community with mainly independent shops, the Electric Palace theatre/cinema and many community organisations and festivities.
THE PROPERTY: Built in 2006, this small complex of flats known as Driftwood are of a unique design and are just off the beaten track.
This quirky 2 double bedroomed ground floor flat has recently been re-decorated both internally and externally and has the benefit of mainly frosted double-glazing ensuring a good degree of privacy and gas-fired central heating via a combi-boiler.
The accommodation is spacious and offers a full-time lifestyle coastal home or holiday retreat and once was a very successful Air BnB.
DIRECTIONS: From the centre of Bridport travelling south along South Street to the Crown roundabout.
Take the third exit to West Bay and proceed for approximately 1 mile, straight over the mini-roundabout and take the second exit into Fortyfoot Way.
The property is located at the western end of the Driftwood development with parking at the rear.
THE ACCOMMODATION comprises the following: Main double-glazed entrance door on the north side opening to: ENTRANCE HALL with additional window giving good natural light.
LIVING ROOM with fully glazed French door and side panel to the outside patio and featuring a curved wall to the south-west incorporating two small display windows/sills. Carpeted floor.
Open to the: KITCHEN which is comprehensively fitted with modern base and wall-mounted cupboards and work surfaces incorporating a corner one-and-a-half bowl sink with mixer tap, an integrated dishwasher, fridge and freezer and a double oven/grill with 4-ring gas hob over and cooker hood above.
Sunken ceiling spotlights, under-unit downlighters, tiled flooring. BATHROOM with modern suite comprising a shaped bath with screen and shower over, wash basin with shelf unit under and a toilet.
There is a glass shelf over the basin and a wall mounted mirror with strip light/shaver point over. BEDROOM 1 is a good double bedroom with windows to the front and back and a built in wardrobe.
BEDROOM 2 comprises another double bedroom with window to the rear. OUTSIDE: There is a raised pathway off Fortyfoot Way leading to the front door on the north side.
On the south side is a small terrace enjoying the sunshine and a designated parking space. SERVICES: All mains services are provided. Vaillant gas boiler also providing underfloor heating.
Council Tax Band 'C'. TENURE: There is to be a new 999 year lease. The service charge is £1,300 per annum. TC/LL/1437/111225
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.
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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.
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About Driftwood, Fortyfoot Way, West Bay, Bridport, DT6
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