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Reforne, Portland, DT5

South West

£150,000
Listed on 12/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
706 sqft

Description

Located in the desirable area of Reforne, Portland, this quaint three-bedroom period cottage offers an intriguing opportunity for buyers eager to infuse their personal style into a property rich with character. Being sold without the complication of an onward chain, it enjoys proximity to local amenities and the breathtaking natural landscape that the island is known for. Retaining much of its original charm, this traditional cottage serves as a perfect foundation for someone looking to undertake a renovation project. While it requires updating, this presents an excellent chance to craft a living space that aligns with modern preferences while cherishing its historic essence. Envision transforming this charming abode into a contemporary retreat while showcasing its unique features. The interior consists of a welcoming reception room, providing a cozy yet functional area for relaxation and entertaining guests. A ground-floor shower room adds practicality, catering well to family life or accommodating visitors. The kitchen awaits your imaginative touch and conveniently leads to the garden. Upstairs, you will find three bedrooms ideal for family living or designing your own home office space. Completing the first floor is a family bathroom ready for modernization. The scope for redesign here is considerable, allowing future owners to tailor both layout and décor to suit their needs perfectly. One of the highlights of this property is its south-facing garden, offering a lovely outdoor area bathed in sunlight - ideal for dining al fresco, engaging in gardening pursuits, or simply relaxing outdoors. This prime orientation ensures ample natural light flows through the home during daylight hours. Situated in Reforne, you’ll find yourself just moments from Easton Square—Portland’s vibrant center filled with shops, cafes, and essential services. Excellent transport links provide easy access to Weymouth and nearby areas, making it convenient for both residents and commuters alike. The region is well-known for its striking coastline and water sports opportunities, contributing to an enviable lifestyle. Beyond serving as an appealing family residence, this property also stands as a remarkable investment opportunity due to its advantageous location and potential for modernisation. It holds significant rental prospects that would attract both long-term tenants and holidaymakers capitalising on Portland's allure as a tourist hotspot. This period cottage represents more than just real estate; it is a platform from which you can build your dream home in a sought-after locale. With three bedrooms, two bathrooms, and a reception area all underpinned by no onward chain pressure, arranging an early viewing would be prudent to appreciate fully the potential awaiting within these walls.

Investment Analysis

(DT5 area)

Below Market Value

This property is priced -17.6% below area average per sq ft

-17.6%
Potential saving
This Property
£212/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£232
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£200,130
10% above area average per sq ft
Potential ROI
+0.1%
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

Reforne, 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
£541
Based on a loan of £112,500 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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