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Old Castle Road, Weymouth, DT4 8 - Image 1
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Old Castle Road, Weymouth, DT4 8

South West

£450,000
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1167 sqft

Description

This detached property presents a distinctive opportunity for those looking to invest in a home that requires modernisation. Located within walking distance of stunning sea views, Castle Cove beach, and the scenic Rodwell trail, this residence boasts spacious interiors, including three bedrooms and four reception rooms. Although in need of renovation, the layout offers great potential to create an inviting family home or holiday rental. The downstairs shower room and family bathroom provide functional convenience, while the sizable kitchen and breakfast room can be reimagined to suit contemporary tastes. The external areas include a generous garden at the rear and a garage with front courtyard space, all situated near local amenities in Weymouth town centre. This property is ideal for those eager to transform it into their dream home or capitalize on its investment potential.

Investment Analysis

(DT4 area)

Above Market Value

This property is priced +25.8% above area average per sq ft

+25.8%
This Property
£386/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£393,390
10% above area average per sq ft
Potential ROI
-22.9%
After renovation
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

Old Castle Road, Weymouth, DT4 8
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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
£1,648
Based on a loan of £337,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE