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Mallams, Portland

South West

£290,000
Listed on 20/06/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1022 sqft

Description

This mid-terrace family home presents a great opportunity for renovation and investment, featuring three bedrooms and accommodation spread over three levels. The property showcases a versatile layout that is ideal for modern living while potentially allowing for updates to enhance its appeal and market value. As you enter, you're welcomed by an inviting entrance lobby that opens into a spacious, light-filled lounge/diner. This area not only offers ample room for both relaxation and dining but also features a charming Portland Stone fireplace complete with a wood burner, setting an appealing atmosphere. Beyond the lounge, the functional fitted kitchen includes a combination of eye-level and base storage units along with space designated for various domestic appliances. A family bathroom completes the ground floor, equipped with essential amenities including a bath with shower overhead. Moving to the first floor, you’ll find the primary bedroom that benefits from built-in wardrobes and connects to a walk-in wardrobe leading into an additional shower room. This layout creates private space and flexibility for personal use or guests. The second floor hosts two additional bedrooms; one double room at the front of the house and a cozy guest room at the rear. Outside, the property features an expansive rear garden adorned with mature shrubs and plants, as well as several areas of lawn, shingle, and hard standing. This green space provides a tranquil oasis perfect for outdoor gatherings or peaceful evenings while enjoying stunning sea views. Renovating this garden could elevate its appeal even further and create a beautiful spot for outdoor entertaining or relaxation. Located in an area known for its scenic views and community feel, this home offers excellent potential for those looking to invest in property with scope for enhancement. Its proximity to local amenities ensures convenience while remaining within reach of picturesque coastal walks. With thoughtful updates, this residence could transform into a desirable family home or rental investment that capitalizes on its unique location and features.

Investment Analysis

(DT5 area)

Above Market Value

This property is priced +6.8% above area average per sq ft

+6.8%
This Property
£284/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£232
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£298,812
10% above area average per sq ft
Potential ROI
-9.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DT5)

Area prices are rising by +3.2% over the last 12 months
3 year growth: -1.0%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on DT5 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

Mallams, Portland
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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
£1,062
Based on a loan of £217,500 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE