1-bedroom flat · DT9 3LU
Listing removedListed 95 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A second floor one bedroom flat built of render under tiled roof. Accessed via a secure communal entrance hallway with either stairs or a lift, to the first floor.
A light and airy flat located in Sherborne Town above The Melbury Gallery. The entrance door leads to a hallway with doors off the double bedroom, bathroom and open plan living / dining / kitchen.
The rent is exclusive of the following utility bills council tax, mains electric, mains gas, water and sewage. There is mobile coverage in the area, please refer to Ofcom's website for more details.
As stated on Ofcom website Ultrafast broadband is available to the area. As stated on the website there is a low risk of flooding.
The property has gas central heating heating and will be let unfurnished.
Rent - £675 per calendar month / £155 per week Holding Deposit - £155 Security Deposit - £778 EPC band - C Council Tax Band - A Outside There is no outside space, other than a communal bench but the property does have its own designated parking space.
However, it is within easy walking distance of Pageant Gardens and Sherborne Castle & Gardens.
Situation Conveniently located in the heart of Sherborne Town centre, with all amenities in close walking distance. Directions What3words///trades.collapsed.gent
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 5, The Old Shambles, South Street, Sherborne
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