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The Old Rectory, Old Hill, Portland, Dorset DT5 - Image 1
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The Old Rectory, Old Hill, Portland, Dorset DT5

South West

£170,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Flat
Area
1367 sqft

Description

This spacious first-floor apartment, nestled in a Georgian Grade II listed building in Portland, Dorset, presents a unique investment opportunity for those looking to create a coastal retreat. With captivating views of Chesil Beach, Lyme Bay, and Portland Harbour, this property is rich in character but requires substantial refurbishment. The layout includes three generously sized double bedrooms and two bathrooms, ideal for families or anyone seeking ample living space. Additional features include a garage and access via a private road, ensuring both security and privacy. Offered with no onward chain and an impressive 837-year lease at a nominal ground rent of £10 per annum, it is particularly appealing to cash buyers aiming for a straightforward acquisition. This apartment combines historic charm with the potential for modern updates, making it worthy of consideration.

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

Heavy Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£389,082
10% above area average per sq ft
Potential ROI
+69.2%
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 DT5
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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

Price History

-5.6% since listed
£170,000£10,000(-5.6%)
09/12/2025
Current price
£180,000Initial listing
24/07/2025

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