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Rax Lane, Bridport

South West

£350,000

Listed on 14/09/2026

The listing

Property details

Bedrooms
4
Type
Detached

Description

This unique project offers an exciting redevelopment opportunity in the heart of Bridport. The property comprises a charming detached period cottage, complemented by a substantial adjoining former bakery building, both of which come with the rare advantage of off-road parking. Listed as grade II for its architectural and historic significance, this property dates back to the early 1800s and features natural stone elevations. Under current ownership since 2002, it has undergone some refurbishment, including gas-fired central heating and double-glazed windows. The cottage's spacious layout spans three floors, featuring a reception hall, cloakroom, and an open-plan living room/kitchen on the ground floor. The first floor includes a living room or potential fourth bedroom, a principal bedroom, and a bathroom, while the second floor accommodates two additional bedrooms. The adjoining building also covers three floors, currently used for storage but with potential for conversion. Outside, the cottage boasts a small rear courtyard and parking access from Rax Lane. The adjoining building has a covered courtyard area and a shared pedestrian gate off Globe Lane. Planning permission has been granted for redevelopment, allowing for alterations to the cottage and conversion of the adjoining building into two one-bedroom flats and a commercial unit. This proposed scheme presents an excellent opportunity to create modern living spaces in a desirable location. Bridport is known for its vibrant market town atmosphere and proximity to the stunning Jurassic Coast, making this property a prime candidate for investment or personal use.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

54out of 100
Grade DWeak opportunity

Confidence: LOW

This period cottage presents a unique project opportunity in the heart of Bridport. While the property shows significant signs of aging and requires a comprehensive refurbishment, its Grade II listed status and central location enhance its appeal. The charm of the original cottage, combined with the potential for redevelopment of the adjoining building, offers a canvas for creative improvement. With a guide price of £350,000, this property is positioned below the local average, indicating a potentially worthwhile investment for those looking to add value through renovation.

The interiors, while functional, are dated and will benefit from modernisation. The kitchen and bathroom require updates, and overall, the property needs a thoughtful refresh to bring it back to life. The small courtyard garden provides a manageable outdoor space, and the inclusion of off-road parking is a significant advantage in this location. With renovation costs estimated between £100,000 and £200,000, this project could transform the cottage into a desirable home or rental units, leveraging the planning permissions already in place for redevelopment.

Key opportunities

  • Grade II listed status may enhance future value and appeal.
  • Potential to convert the adjoining building into two 1-bedroom flats and a commercial unit, leveraging existing planning permissions.
  • Opportunity for a comprehensive renovation to modernise dated interiors and improve overall functionality.

Key risks

  • Significant refurbishment needed throughout the property.
  • Dated condition may deter some buyers and impact marketability.
  • Renovation costs could escalate, requiring a careful budget management.

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Map

Location

Rax Lane, Bridport
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 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.

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