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Carrick Close, Dorchester

South West

£295,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
829 sqft

Description

This three-bedroom home, situated in the desirable Fordington Fields area, presents a unique opportunity for renovation and investment. While the property is currently in need of modernization, it offers spacious living across two levels, making it suitable for both families and investors looking to enhance its value. On the ground floor, you enter through an inviting porch that leads into a hallway providing access to the generous reception room, which spans the length of the house. This dual-aspect space allows natural light to flood in and provides an open layout ideal for both living and dining areas. A door connects the reception room to the kitchen, which features a solid range of neutral base and wall units. Although requiring updates, this area has potential for creating a contemporary culinary space with easy access to the rear garden. The ground floor also includes a cloakroom and useful under-stairs storage. Ascending to the first floor reveals three well-proportioned double bedrooms along with a family bathroom equipped with essential amenities. Additional storage can be found in an airing cupboard located in the hallway. Externally, the property benefits from three allocated parking spaces—two at the front and one at the side—ideal for households with multiple vehicles. The low-maintenance rear garden is predominantly paved, offering easy upkeep while still allowing room for planting patches that can be transformed into vibrant green areas or seating zones. The location itself adds significant appeal. Dorchester is known not only for its rich history but also for its modern amenities including shops, cafes, and cultural attractions like the Dorset Museum. The town’s excellent transport links provide straightforward connections to larger cities such as London and Bournemouth via rail services, along with convenient road access through major routes. Nearby greenery and scenic landscapes make it an attractive area for families seeking both urban life and countryside charm. For those considering investing in property, this home represents a valuable canvas ready for upgrading or reimagining into something truly special in a sought-after location. With local amenities combined with historical significance and community spirit, this property could become an outstanding residence or rental opportunity once modernized.

Investment Analysis

(DT1 area)

Above Market Value

This property is priced +3.4% above area average per sq ft

+3.4%
This Property
£356/sq ft
Area Average
£344/sq ft
Avg Rent (weekly)
£265
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£313,922
10% above area average per sq ft
Potential ROI
-3.4%
After renovation
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

Carrick Close, 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
£1,081
Based on a loan of £221,250 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