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Straits, Portland, Dorset

South West

£230,000

Listed on 29/06/2026

Property details

Bedrooms
1
Type
Mixed Use

Description

This investment property offers a unique opportunity with its mixed-use configuration, featuring a ground floor retail unit complemented by back office and storage spaces, alongside a self-contained one-bedroom flat on the first floor. The retail area, previously utilized as a post office and newsagent, is well-positioned for a variety of business applications, subject to appropriate planning permissions. The residential flat provides essential amenities including a spacious living area, kitchen, and bathroom. Both components are in need of refurbishment, presenting potential for modernisation and value addition. This property is particularly appealing to investors seeking rental income or owner-occupiers looking for a combined commercial and residential space with room for growth.

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Investment analysis

(DT5 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£244
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DT5)

Area prices are falling by -3.2% over the last 12 months
3 year growth: -3.5%
5 year growth: +12.7%
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

Straits, Portland, Dorset
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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
£869
Based on a loan of £172,500 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

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

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