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Reap Lane, Portland, DT5

South West

£260,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
918 sqft

Description

This two-bedroom detached bungalow is positioned on the sought-after Reap Lane in the scenic Isle of Portland, just a short distance from local amenities. It features level access, a sunny garden facing south, along with a garage and driveway that provide valuable off-road parking. Inside, the layout includes two spacious double bedrooms and two reception areas, allowing for versatility in usage—potentially as a three-bedroom home if desired. A separate utility room enhances functionality. While the property is in need of modernisation, it presents an excellent opportunity for buyers looking to tailor the space to their preferences and increase its value. The property comes with no onward chain, making it an appealing option for those eager to embark on a renovation project. Upon entering, you are greeted by a porch that leads into a hallway granting access to all main rooms, including loft access for added storage options. At the rear, a comfortable sitting room opens up into a conservatory that extends your living space into the garden—a perfect setting for relaxation or entertaining guests. Adjacent to this is a dining room ideal for family gatherings, which connects to a quaint kitchen equipped with fitted cabinets and sufficient workspace. This area leads into the practical utility room featuring plumbing for laundry appliances and additional storage options with direct access to the garden. The front of the home houses two light-filled double bedrooms thanks to large windows oriented for maximum natural light. Completing this property is a family bathroom equipped with essential fixtures. This bungalow offers significant renovation potential throughout with its well-designed layout and ample scope for enhancement.

Investment Analysis

(DT5 area)

Above Market Value

This property is priced +6.6% above area average per sq ft

+6.6%
This Property
£283/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
£268,405
10% above area average per sq ft
Potential ROI
-10.5%
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

Reap Lane, Portland, DT5
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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
£952
Based on a loan of £195,000 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