3-bedroom bungalow · SP7 8NS
Listing removedListed 264 days
Opportunity summary
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About
A generously proportioned bungalow in a popular, quiet, residential area of Shaftesbury. Offered to the market with No Onward Chain.
No 16 Butts Mead is a spacious bungalow that has been modernised by the current owner who has installed a light Shaker style kitchen, and re-configured the bathroom.
The front door opens into the hall that flows on through the property providing access to all the accommodation which includes: Three bedrooms, sitting room with double doors to the conservatory, shower room, and W/c.
A separate dining room is accessed through the kitchen and features double doors to the rear garden. The property is presented in very good order and ready to move straight into.
Agents note: Construction in part is steel, block and brick.
Situation Shaftesbury is an historic, hilltop, Saxon town with a vibrant High Street offering a variety of national and independent retailers for your everyday needs including opticians, dentist, doctors and a cottage hospital.
There are a selection of supermarkets nearby including Tesco, Asda and Waitrose.
Communications are excellent with the A350 running from north to the south coast through the town and the A303 to London in a short distance.
The nearby town of Gillingham includes a mainline railway station with services from London Waterloo to the West Country.
The area is well known for the large choice of good State and Independent primary and secondary schools.
Outside The property is approached over a resin bound driveway that leads to the garage and front door.
To one side is a low maintenance garden laid to gravel planted with established shrubs and bushes.
Side gates allows access to the rear garden which is of a good size and is fully enclosed by closed panel fencing and hedges.
The rear garden is fully stocked with an interesting variety of shrubs, bushes, flowers and trees. There is an area of lawn and a paved patio to enjoy the southerly aspect.
Council tax Dorset Council Tax Band D EPC: D Services Mains water, drainage, gas and electricity are connected to the property.
Directions Post Code: SP7 8NS What3words/// footpath.devoured.stockpile From our office, proceed down through the High Street into Salisbury Street.
Proceed past Shaftesbury School before turning right into Lower Blandford Road and then left into Butts Mead. Number 16 is on the right.
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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FAQ
About 16, Butts Mead, Shaftesbury
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