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Seymer Road, Swanage, Dorset, BH19 - Image 1
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Seymer Road, Swanage, Dorset, BH19

South East

£450,000
Listed on 29/03/2025

Property Details

Bedrooms
2
Type
Flat
Area
1108 sqft

Description

Nestled within approximately one acre of communal grounds on 'The Downs' just south of Swanage, this first-floor flat enjoys a prime location with stunning views over Swanage Bay and the surrounding landscape. The property is conveniently located within half a mile of both the seafront and Swanage town centre, allowing easy access to local amenities and outdoor recreational areas. The Downs themselves are part of the Jurassic Coast World Heritage site, offering a variety of scenic walking paths leading to Peveril Point and Durlston Country Park. This two-bedroom flat is one of seven units converted from a substantial Victorian building in the late 1980s. With its own private entrance, this residence features an exclusive walled garden area, providing a unique outdoor space for potential enhancements or landscaping. While the interior requires refurbishment and modernization throughout, it offers generous living spaces that present significant renovation opportunities for investors or homeowners looking to customize their living environment. Upon entering, you are welcomed by a hallway with ample storage in the form of a walk-in cupboard. The kitchen boasts sea and hill views along with essential appliances including an electric oven and gas hob. A UPVC double-glazed door leads directly out to the gardens, enhancing connectivity between indoor and outdoor spaces. The lounge/diner is particularly noteworthy, featuring large bay windows that frame captivating views while allowing natural light to flood the room. This space has great potential for redesign or reconfiguration to suit personal tastes or modern living requirements. Both bedrooms are well-sized; Bedroom 1 includes built-in wardrobes and direct access to an enclosed balcony that may be ideal for creating a cozy reading nook or small indoor garden. The bathroom facilities provide practical amenities but could benefit from modern updates. Outside, the shared grounds add value with their landscaped lawns and greenery. Additionally, dedicated parking is available for residents. The leasehold arrangement allows each owner to have a share in the freehold, which contributes positively to management costs—no ground rent is payable—and provides stability for future developments. This property represents not only a comfortable living space but also an investment opportunity ripe for renovation in an appealing coastal location with strong potential rental demand due to its proximity to tourist attractions and local conveniences.

Investment Analysis

(BH19 area)

Below Market Value

This property is priced -7.3% below area average per sq ft

-7.3%
Potential saving
This Property
£406/sq ft
Area Average
£438/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£534,078
10% above area average per sq ft
Potential ROI
+11.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (BH19)

Area prices are falling by +8.4% over the last 12 months
3 year growth: -8.6%
5 year growth: 3.4%
Investment Disclaimer: Analysis based on BH19 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

Seymer Road, Swanage, Dorset, BH19
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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
£1,648
Based on a loan of £337,500 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