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High Street, Fordington, Dorchester

South West

£650,000
Listed on 14/08/2025

Property Details

Bedrooms
11
Type
Detached house

Description

This detached property presents a compelling opportunity for investors, featuring a total of ten studio flats alongside one one-bedroom flat. Located in the desirable Fordington area, the property benefits from close proximity to Dorchester town centre, enhancing its appeal for potential tenants or future residents. Currently configured as five ground floor studios and five first-floor studios, plus a self-contained one-bedroom unit on the upper level, each flat comes equipped with its own kitchenette and bathroom or shower facilities. The building is serviced by gas central heating, and utility costs are managed separately through individual metering for each unit. While the overall condition of the property is generally good—with most units fitted with UPVC double glazing—access to some interiors has not been granted during inspections. One significant advantage of this property is its unlisted status, suggesting potential flexibility for redevelopment. Options could include reconfiguring the accommodation into separate flats or transforming it into a single-family home, subject to obtaining the necessary planning permissions and adhering to local building regulations. Additionally, notice has been served on current leases, ensuring that vacant possession can be provided upon sale. Outside, the property features a tarmac driveway offering off-street parking along with landscaped garden areas surrounding the building. The location further enhances this property's investment potential. Situated on the eastern edge of Dorchester in Fordington, it provides access to essential amenities like convenience stores and local cafes—highlighted by nearby Fordington Green’s traditional fish and chip shop and coffee house. The area also boasts scenic walking routes including Salisbury Fields and is conveniently positioned within reach of reputable schools. Dorchester’s vibrant town centre is just minutes away, showcasing a variety of shops, restaurants, and leisure activities at places like Brewery Square. For commuters or those seeking further connectivity, both Dorchester South and West train stations offer direct links to major cities such as London Waterloo and Bristol Temple Meads. This region also caters to outdoor enthusiasts with numerous sports clubs available for cricket, rugby, football, tennis, and golf lovers. Plus, just a short drive south leads you to the stunning Jurassic Coast—a UNESCO World Heritage site known for its breathtaking beaches and outdoor activities. In terms of practical amenities, mains electricity, gas, water, and drainage are all connected to the property. Broadband internet options are available at ultrafast speeds while mobile coverage can be confirmed through Ofcom’s website for reliable communication needs. Overall, this property not only stands as a versatile investment but also offers the potential for growth in a thriving community rich

Investment Analysis

(DT1 area)
Area Average
£344/sq ft
Avg Rent (weekly)
£265
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (DT1)

Area prices are rising by +4.7% over the last 12 months
3 year growth: -0.1%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on DT1 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

High Street, Fordington, Dorchester
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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
£2,381
Based on a loan of £487,500 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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