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Newland, Sherborne

South West

£800,000
Listed on 09/07/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
2897 sqft

Description

This remarkable late 18th-century Grade II listed natural stone cottage, along with an attached one-bedroom cottage, presents a unique opportunity for renovation and investment in the desirable town of Sherborne. Spanning approximately 2897 square feet, the property features five spacious double bedrooms and boasts a generous plot of around 0.20 acres, complete with a secluded walled rear garden and a summer house. The property retains charming original features such as multiple natural stone fireplaces, flagstone floors, and exposed beams, all contributing to its character while providing a canvas for modern updates. Located just a short stroll from the town centre, which offers essential amenities like cafés, restaurants, and access to the mainline railway station connecting to London Waterloo in just over two hours, this property is ideally situated for both residential living and rental potential. The additional attached cottage offers further flexibility; it could serve as an independent living space or generate income through holiday lets or long-term rentals. The accommodation is well-arranged with substantial common areas including a large drawing room, dining room, and an open-plan kitchen/breakfast room that leads out to the patio area. There is also significant scope for extension or improvement at the rear of the main house (subject to planning permission), making it possible to enhance both living spaces and outdoor arrangements further. Overall, this rare property not only allows for comfortable living but also offers extensive expansion possibilities in one of South West England's most sought-after locations.

Investment Analysis

(DT9 area)

Below Market Value

This property is priced -17.0% below area average per sq ft

-17.0%
Potential saving
This Property
£276/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£308
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,060,374
10% above area average per sq ft
Potential ROI
+15.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DT9)

Area prices are stable by +2.0% over the last 12 months
3 year growth: -10.1%
5 year growth: 8.3%
Investment Disclaimer: Analysis based on DT9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Newland, Sherborne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,931
Based on a loan of £600,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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