2-bedroom flat · DT3 6PX
Listing removedListed 99 days
Opportunity summary
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About
For sale by Auction - A stylish two bedroom, two bathroom top floor penthouse enjoying views over Weymouth beach.
The Property This modern purpose built second floor penthouse is within close proximity to the beach.
The entrance has an intercom entry system with a communal hallway with stairs leading to the top floor.
The apartment comprises of an entrance hall, a generous sitting room with ample dining space and a good amount of natural light and double doors leading onto a private balcony with views overlooking Lodmoor Nature Reserve towards Weymouth Bay.
The fitted kitchen enjoys views over to Weymouth bay and comprises of a range of wall and base units with work surfaces over.
The integrated appliances include dishwater, oven and induction hob with extractor. Space for ridge and space and plumbing for washing machine.
The principal bedroom has an en-suite shower room and access to storage in the eaves. There is a further dual aspect double bedroom with sea views and a separate modern bathroom suite.
Outside The penthouse has an allocated parking space to the rear of the building. Visitors space available to the front. Additionally, residents have access to a communal garden.
Stiuation The penthouse is situated on the outskirts of Weymouth in one of the area’s most enviable locations just a short walk to the beach at Overcombe.
There are a wide range of local amenities close by including post office/ general store, café, public house, restaurant and florist.
Approximately half a mile away at Chalbury Corner there is a doctor's surgery and deli/off license.
The bustling and lively town centre can be found within approximately 2 miles and provides a comprehensive range of shopping and educational facilities.
There is a large sandy beach as well as a picturesque inner harbour surrounded by a number of boutiques, eateries and café/bars.
Weymouth and Portland boast excellent sailing and water sport facilities and the resort is surrounded by rolling countryside which is well dispersed with foot and bridle paths giving access to many areas of Outstanding Natural Beauty, in particular, those along the World Heritage Jurassic Coastline.
The town also benefits from rail links to both London Waterloo and Bristol Temple Meads.
Directions What3words ///acid.cleanest.processor Services Mains water, drainage, electricity and gas are connected. Gas fired central heating.
Broadband - Ultrafast speed available Mobile - There is mobile coverage in the area. Please refer to Ofcom’s website for more details.
() Council Tax Band: D (Dorset Council Material Information We are advised by the vendor that the length of lease remaining is 65 years. With a cost of £32,000 to extend the lease by 90 years.
Managed by Templehill and the management company is Brightsplit Ltd Service charge £1,939 per annum Ground rent £200 per annum. No holiday lets are permitted.
Solicitors Simon Harvey Nantes Solicitors 69 The Esplanade Weymouth Dorset DT4 7AA Tel:
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Flat 5, 35, Preston Road, Weymouth
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