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Park Street, Weymouth

South West

£185,000
Listed on 18/02/2026

Property Details

Bedrooms
N/A
Type
Terraced house

Description

This substantial Grade II listed building is prominently located along Park Street in the heart of Weymouth, offering a wealth of potential for investors or those looking to develop a unique residential or commercial space. Currently classified for commercial use, the property comprises three floors, including an attic, which provides generous and adaptable internal space ideally situated near the seafront and local amenities. The main shop area on the ground floor features a wide frontage with double doors that enhance its street presence. Behind this area, additional spaces are available for retail or storage purposes, complemented by ancillary rooms and a separate W/C. The configuration allows for various layouts suited to retail needs or office workspaces. Ascending to the first floor, you'll find further retail space bolstered by a large bay window in the primary room and several smaller rooms that could be converted into offices or consultation areas. Plumbing is already installed for potential bathroom facilities on this level. Additionally, the top floor boasts a spacious attic that can serve as extra storage or versatile ancillary space. Overall, this building represents an excellent opportunity to create a distinctive venture in a busy locale while retaining its historic charm. With appropriate consents, there are possibilities for alternative uses or even conversion to residential accommodation, making it an appealing investment option.

Investment Analysis

(DT4 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£227
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (DT4)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -1.8%
5 year growth: +17.0%
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

Park Street, Weymouth
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£667
Based on a loan of £138,750 over 30 years at 4.06% 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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