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Investment Opportunity, Easton Square, Portland

South West

£220,000
Listed on 12/11/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This property presents a compelling investment opportunity, featuring three distinct units: a ground-floor commercial shop and two residential apartments above. The shop is currently leased and has been utilized as a pet store and hardware outlet, offering considerable open floor space along with additional back areas. Highlights include a prominent glass frontage, built-in storage solutions, and an essential WC at the rear, all of which enhance its functionality. Above, the first-floor apartment is occupied by a reliable tenant, providing immediate rental income. This one-bedroom unit boasts high ceilings and large bay windows that overlook Easton Square, ensuring plenty of natural light. Its layout includes both a living area with an ornate fireplace and a well-proportioned bedroom, along with convenient access to a bathroom and kitchen at the back. The second-floor apartment, while vacant and in need of modernisation, holds significant potential for transformation. This spacious one-bedroom flat features generous rooms including both a living space and bedroom that enjoy views over Easton Gardens. The sizeable kitchen and bathroom are ready for updates that could significantly increase their appeal. Situated in a sought-after residential location, this property not only offers immediate investment returns but also opportunities for enhancement through renovations. With its strategic position in Easton Square and existing income streams from the shop and one of the flats, it promises strong future value appreciation for savvy investors willing to undertake modernization efforts. Interested parties are encouraged to explore the various possibilities this property can offer in terms of income generation and capital growth.

Investment Analysis

(DT5 area)
Area Average
£266/sq ft
Avg Rent (weekly)
£232
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

Investment Opportunity, Easton Square, Portland
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£806
Based on a loan of £165,000 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