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The Esplanade, Weymouth

South West

£750,000
Listed on 20/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This distinctive property is situated along Weymouth's historic Esplanade, offering captivating sea views and an array of possibilities for redevelopment. As a Grade II listed building, it possesses unique character, while the existing commercial space introduces immediate income potential. Currently, the ground and lower ground floors host a well-established restaurant with a seating capacity of 90, designed for both indoor dining and outdoor enjoyment. The premises are equipped for high-volume service, featuring a fully functional kitchen with professional-grade appliances including a six-burner range, deep fat fryers, and an advanced extraction system. The layout includes thoughtfully designed areas such as a bar servery and separate cloakrooms for customers. There is also ample basement storage to support ongoing operations. The upper levels of the property present significant renovation opportunities. While the top floor has been transformed into a spacious two-bedroom apartment complete with an open-plan living area, additional planning permissions could allow for further conversion into residential units or even a boutique hotel. This flexibility could enhance the property's value and utility in a sought-after location. Weymouth's vibrant seafront setting adds to the investment appeal of this property. Surrounded by bustling bars and cafes, it is just a short walk from the town centre, harbour, beaches, and cultural amenities like the Pavilion Theatre. Additionally, residents benefit from convenient transport links with regular mainline train services to London Waterloo. Given its prime location and development potential, this property stands out as an intriguing opportunity for investors looking to capitalize on the area's popularity as a holiday destination along the scenic Jurassic Coast.

Investment Analysis

(DT4 area)
Area Average
£306/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

The Esplanade, Weymouth
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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
£2,747
Based on a loan of £562,500 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