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Morcombelake, Bridport

South West

£325,000
Listed on 11/03/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
948 sqft

Description

This quaint two-bedroom cottage, likely dating back to the 19th century, presents a promising opportunity for renovation and investment. Nestled near the picturesque Golden Cap and the sea, this semi-detached property is rich in character but requires substantial modernization to meet contemporary living standards. The layout features a generous kitchen/dining area with handcrafted cabinetry and a wood-burning stove, as well as a lounge accented by another fireplace leading into an oak-framed conservatory. The upper floor accommodates two spacious bedrooms serviced by a bathroom equipped with a shower over the bath. Although the property benefits from double glazing and private drainage, it currently lacks central heating, making this a focal point for enhancement. Outside, the garden offers multiple zones including paved areas perfect for summer gatherings, mature hedging for privacy, and potential for further landscaping. Secure parking is available via a gated entry point from the lane. Its close proximity to local amenities and natural recreational opportunities further enhances its appeal as an investment property that can yield returns after refurbishment.

Investment Analysis

(DT6 area)

Below Market Value

This property is priced -9.7% below area average per sq ft

-9.7%
Potential saving
This Property
£343/sq ft
Area Average
£380/sq ft
Avg Rent (weekly)
£268
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£395,847
10% above area average per sq ft
Potential ROI
+5.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (DT6)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +0.8%
5 year growth: +12.3%
Investment Disclaimer: Analysis based on DT6 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

Morcombelake, Bridport
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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
£1,172
Based on a loan of £243,750 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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