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Watergates Lane, Dorchester, DT2 8

South West

£1,200,000

Listed on 26/06/2026

Property details

Bedrooms
4
Type
Detached
Area
2784 sqft

Description

This charming detached thatched cottage, which dates back to the 1590s, is situated on a scenic 5.5-acre plot in Broadmayne. Offering an abundance of character and potential, this property presents an opportunity for renovation and enhancement, subject to planning consent. The well-maintained thatched roof was renewed in 2022, providing a solid foundation for your vision. Inside, the home features original elements such as exposed timbers, fireplaces, and vaulted ceilings that contribute to its historical charm while also allowing for modern updates. The layout includes three versatile reception areas with a striking inglenook fireplace in the main sitting room—a perfect focal point for gatherings. The spacious kitchen/dining area combines period character with practicality, featuring an oil-fired Stanley range and seamless access to the wrap-around gardens through patio doors. Accommodation is flexible, with two ground floor bedrooms ideal for guests or office space and two en-suite suites on the upper level. The extensive grounds include mature gardens, a paddock, and a pond—offering ample outdoor space for various uses including gardening or equestrian interests. Beyond its current state, there is significant potential for extension or conversion in line with local planning permissions. With local amenities nearby and easy access to Dorchester and the stunning Jurassic Coastline, this property not only provides a unique living experience but also represents a wise investment in a desirable village setting.

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Investment analysis

(DT2 area)

Above Market Value

This property is priced +24.8% above area average per sq ft

+24.8%
This Property
£431/sq ft
Area Average
£345/sq ft
Avg Rent (weekly)
£295
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,057,447
10% above area average per sq ft
Potential ROI
-17.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (DT2)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -3.9%
5 year growth: +5.6%
Investment Disclaimer: Analysis based on DT2 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

Watergates Lane, Dorchester, DT2 8
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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
£4,533
Based on a loan of £900,000 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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