1-bedroom flat · DT5 2NT
Listing removedListed 810 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious one bedroom Self Contained studio apartment situated on the isle of portland. The Apartment is positioned on the Second Floor with access via lift.
The property itself is only a short walk away from lift and includes a living room with kitchenette, shower room and bedroom.
The property has a large double glazed window allowing for plenty of natural light.
The living room / Kitchen area is of a good size and offers enough floor space for a sofa, coffee table and additional seating.
The kitchenette has a range of base units, cooker, hob & extraction fan as well as a singular wall unit.
The bedroom area is of a double bedroom size with enough space for a king size bed and additional bedroom furniture. The bathroom comprises a WC, walk in shower and wash hand basin.
The property is situated in Maritime house, ideally positioned at the South of Portland. Nearby, there are pleasant walks along the coast line.
The Island of Portland is a pleasant community and nearby Easton Square provides a range of shops and eateries.
Living Room / Kitchenette (4.09m x 4.04m (13'5" x 13'3")) Bedroom Area (4.34m x 4.15m (14'2" x 13'7")) Bathroom (2.41m x 1.83m (7'10" x 6'0")) 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: Flat Property construction: Standard Tenure: Leasehold.
125 years from new with 109 years remaining with a peppercorn ground rent, and a service charge of £675.00 with an additional £265.00 for building insurance.
Mains Electricity Mains Water & Sewage: Supplied by Wessex Water Heating Type: Electric Broadband/Mobile signal/coverage: For further details please see the Ofcom Mobile Signal & Broadband checker.
Lease & Maintenance The vendor has informed us that the property has a 125 year lease which commenced in 2008 and concludes in 2133.
The vendor has also informed us that the annual ground rent is a peppercorn ground rent and the service charge is £940.00 per annum which also includes insurance.
We suggest that you get this information checked by a solicitor before you incur any costs.
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 advisors 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
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FAQ
About Apartment 12, Maritime House, Portland
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