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The Old Rectory, Old Hill, Portland, Dorset - Image 1
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The Old Rectory, Old Hill, Portland, Dorset

South West

£170,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Flat
Area
1367 sqft

Description

This first-floor apartment, nestled within a historic Georgian Grade II listed building in Portland, Dorset, presents a prime opportunity for those looking to invest in a property with character and immense potential. With three generous double bedrooms and two bathrooms, the flat offers ample space for families or individuals seeking extra room. Its location affords breathtaking views of Chesil Beach and Lyme Bay, enhancing its desirability. While the apartment requires refurbishment to reach its full potential, it is a canvas ready for your vision. The layout includes a spacious lounge/diner with dual aspect windows that frame the panoramic coastal views beautifully. The kitchen features an array of wall and base units which could be updated to complement modern living standards. Additionally, this property benefits from private road access leading to an included garage, providing convenience and security. With no onward chain and an attractive lease of 837 years with minimal ground rent, this investment stands out as an enticing prospect for cash buyers. In summary, this apartment offers not just a home but an opportunity to create a personalized sanctuary in one of Dorset's most picturesque locations.

Investment Analysis

(DT5 area)

Below Market Value

This property is priced -51.9% below area average per sq ft

-51.9%
Potential saving
This Property
£124/sq ft
Area Average
£259/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£389,082
10% above area average per sq ft
Potential ROI
+85.3%
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
11%
Properties sold annually

Local Market Trend (DT5)

Area prices are falling by -4.0% over the last 12 months
3 year growth: -5.1%
5 year growth: +12.6%
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

The Old Rectory, Old Hill, Portland, Dorset
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£602
Based on a loan of £127,500 over 30 years at 3.91% 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

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