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Spring Gardens, Portland, DT5

South West

£230,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
716 sqft

Description

Situated in the sought-after Spring Gardens area of Portland, this delightful character cottage offers a significant opportunity for renovation and customization. With three spacious double bedrooms and two adaptable reception rooms, this home is ideally positioned to attract buyers looking to invest their personal touch into a property filled with potential. The absence of a forward chain simplifies the purchasing process, making it an appealing choice for those ready to move in or start a project. As you step inside, the unique character of the home becomes evident. While it requires some modern enhancements, this property serves as a blank canvas for creative owners. The flexible reception areas lend themselves well to family living or hosting guests, enhanced by the charming log burner nestled within a Portland stone fireplace—a feature that not only adds warmth but also character during winter evenings. The kitchen, though functional, awaits a contemporary makeover that allows new homeowners to create their ideal culinary space. The existing single bathroom also presents an opportunity for stylish refurbishment that could enhance both functionality and aesthetics. Upstairs, the three generously sized bedrooms provide excellent accommodation options, each serving as a peaceful haven. The overall layout supports a practical family living environment or ample room for those seeking generous proportions in their residence. Externally, this property benefits from off-road parking—an increasingly rare asset in this desirable area—making it convenient for residents and visitors alike. The prime location provides easy access to Portland's beautiful beaches and coastal pathways, perfect for outdoor enthusiasts and those who enjoy the vibrant local community just moments away. This Portland cottage not only embodies period charm but also represents a stellar investment opportunity for buyers eager to enhance their living space while enjoying one of the South West’s most attractive coastal settings.

Investment Analysis

(DT5 area)

Above Market Value

This property is priced +24.7% above area average per sq ft

+24.7%
This Property
£321/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£232
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£202,965
10% above area average per sq ft
Potential ROI
-24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (DT5)

Area prices are stable by -0.2% over the last 12 months
3 year growth: -3.9%
5 year growth: +13.4%
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

Spring Gardens, Portland, DT5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£830
Based on a loan of £172,500 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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