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Brownlow Street, Weymouth, Dorset, DT4

South West

£280,000
Listed on 29/10/2025

Property Details

Bedrooms
3
Type
Flat
Area
646 sqft

Description

This versatile property comprises two self-contained flats, situated within a charming period building that features the full freehold, presenting various living and investment possibilities. With the inclusion of both ground and first-floor units, this property is an appealing option for those seeking to capitalize on rental income or looking to live in one flat while renting out the other. The ground floor flat offers substantial potential for modernization. It has two spacious bedrooms with original features that can be revitalized to enhance its character. Key amenities include gas central heating, double-glazing for energy efficiency, and access to a private enclosed rear garden—an attractive feature for potential tenants or owner-occupants who value outdoor space. The layout includes a good-sized kitchen and a lounge area that can be reimagined to meet modern standards, making it an excellent renovation project with likely returns on investment. In contrast, the first-floor flat strikes a balance between period charm and contemporary style. Accessible via a split-level staircase, this unit benefits from abundant natural light thanks to large bay windows in the lounge area. With a decorative chimney breast and wood-style flooring, it conveys an inviting atmosphere. The double bedroom also enjoys a sunny aspect, while the modern kitchen provides ample space for dining. A utility room offers additional convenience with plumbing for laundry facilities. Both flats come with flexible letting options due to their long lease with short-term rental permissions granted. This presents an ideal scenario for investors looking at dual-income opportunities or homeowners considering holiday lets in a desirable locale. The property’s period features are likely to attract high-quality tenants or future buyers, further enhancing its market appeal. Situated in an area where parking permits are available for residents, this property not only promises lifestyle benefits but also significant investment potential in today’s competitive market. Whether aiming for long-term rentals or occasional holiday stays, the diverse options available here make it an attractive proposition for savvy investors or those looking to create a unique living space while generating income.

Investment Analysis

(DT4 area)

Above Market Value

This property is priced +41.4% above area average per sq ft

+41.4%
This Property
£433/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£217,763
10% above area average per sq ft
Potential ROI
-31.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DT4)

Area prices are falling by +2.8% over the last 12 months
3 year growth: 0.5%
5 year growth: 17.3%
Investment Disclaimer: Analysis based on DT4 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

Brownlow Street, Weymouth, Dorset, DT4
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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
£1,026
Based on a loan of £210,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE