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Reforne, Portland, DT5

South West

£130,000

Listed on 12/03/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
706 sqft

Description

Situated in the picturesque area of Reforne, Portland, this three-bedroom period cottage offers an appealing opportunity for renovation enthusiasts and investors alike. With its charming character and original features intact, the home provides a solid foundation for modernisation tailored to your personal style. Available with no onward chain, it's conveniently located near local amenities and the area's stunning natural landscapes. The cottage welcomes you with a cozy reception room that serves as a comfortable gathering space. The layout accommodates a ground floor shower room—an asset for family living or hosting guests—and the kitchen area opens directly to the garden, awaiting your creative touch. On the first floor, you will find three bedrooms suitable for family living or as dedicated workspaces, along with a family bathroom that is primed for an update. This property not only allows but encourages you to design spaces that reflect your lifestyle. One significant feature is the south-facing garden which benefits from natural sunlight, making it ideal for outdoor dining or relaxation. Its orientation enhances the overall warmth and livability of the home throughout the day. Located close to Easton Square, you’ll have easy access to shops, cafes, and essential services while enjoying excellent transport links to Weymouth and beyond. The region is celebrated for its dramatic coastline and vibrant watersports scene, enhancing both quality of life and leisure opportunities. In addition to its potential as a family residence, this property represents a strong investment avenue. Its desirable location coupled with prospects for refurbishment makes it attractive for long-term rentals or holiday lets, leveraging Portland's appeal as a tourist destination. This period cottage isn’t just a dwelling; it's an opportunity to create your ideal home in a sought-after locale. With three bedrooms and two bathrooms plus no onward chain complications, this property warrants early viewing to fully grasp its scope and potential.

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Investment analysis

(DT5 area)

Below Market Value

This property is priced -29.5% below area average per sq ft

-29.5%
Potential saving
This Property
£184/sq ft
Area Average
£261/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£202,926
10% above area average per sq ft
Potential ROI
+12.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DT5)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -4.3%
5 year growth: +12.3%
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

Reforne, Portland, DT5
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£491
Based on a loan of £97,500 over 30 years at 4.45% 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.

Stamp duty calculator

Price History

-13.3% since listed
£130,000£10,000(-7.1%)
04/07/2026
Current price
£140,000£10,000(-6.7%)
01/05/2026
£150,000Initial listing
12/03/2026

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