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Grove Road, Portland

South West

£195,000

Listed on 10/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1055 sqft

Description

Nestled in the sought-after Grove Road area of Portland, this period cottage presents an intriguing opportunity for those eager to transform a charming property into a modern coastal home. The residence comprises three spacious double bedrooms and two ample reception areas, complemented by a rear garden that enhances the living space ideal for families or couples. Notably, the property boasts scenic sea views from the rear windows, further enriching its appeal. While it currently requires refurbishment, this structure offers significant potential for customization to align with personal tastes and enhance its value. Essential modern features such as double glazing and gas central heating already exist, blending period charm with contemporary necessities. Conveniently located near local amenities, educational institutions, and transportation links, this cottage is highly suitable for buyers in search of a rewarding renovation challenge in a desirable coastal location. Early viewings are encouraged to fully grasp the character and renovation possibilities that await.

Investment Analysis

(DT5 area)

Below Market Value

This property is priced -28.7% below area average per sq ft

-28.7%
Potential saving
This Property
£185/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£244
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£300,802
10% above area average per sq ft
Potential ROI
+25.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Grove Road, Portland
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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
£737
Based on a loan of £146,250 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

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