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Belgrave Place, Portland, DT5

South West

£280,000
Listed on 02/10/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

Situated in the attractive area of Belgrave Place on Portland, this expansive four-bedroom home presents a promising opportunity for renovation or investment. With breathtaking panoramic sea views, this property spans four levels and holds significant potential for family living or as a rental investment owing to its substantial rental yield prospects. <br><br>Upon entry, you will find a layout that showcases the home's original charm alongside an immediate need for modernisation. The ground floor features a welcoming reception room, ideal for social gatherings, which flows into open-plan spaces that capitalise on the stunning coastal vistas. Abundant natural light enhances the atmosphere throughout the home.<br><br>This residence includes four generously sized bedrooms that provide ample private space for occupants. Additionally, a versatile loft room offers extra accommodation options, perfect for an office or guest quarters, pending necessary approvals. With two bathrooms, the layout is practical for busy families.<br><br>Notably, the property's prime location is just moments from the beach—imagine enjoying daily beachfront walks and waking to soothing ocean sounds. The captivating sea views from various vantage points within the house create an ever-changing scene of coastal beauty.<br><br>The required updates present an exciting opportunity for prospective buyers to stamp their personal style on this property, with considerable scope for enhancements that could substantially elevate its market value. The absence of an onward chain simplifies transactions further.<br><br>Belgrave Place is renowned for its strong community vibe and convenient access to local amenities, schools, and transport links. The island lifestyle here offers rugged coastlines and abundant watersport opportunities coupled with rich historical context. This property embodies more than just a house; it represents a chance to embrace life by the coast along with noteworthy rental income possibilities.<br><br>This four-bedroom home—with its additional loft room, dual reception areas, and two bathrooms—stands out in today's market due to its spaciousness, scenic vistas, and location. Together with the prospect of custom renovations tailored to your taste, it is an appealing option for both personal buyers and savvy investors.

Investment Analysis

(DT5 area)
Area Average
£258/sq ft
Avg Rent (weekly)
£232
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
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

Belgrave Place, Portland, DT5
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Mortgage Calculator

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£
£
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%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,010
Based on a loan of £210,000 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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