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Great George Street, Weymouth DT4

South West

£150,000Guide Price

Listed on 08/07/2026

Property details

Bedrooms
3
Type
Flat

Description

This property offers a compelling opportunity for investors or those looking to renovate. Located on the ground floor, the commercial unit was formerly a tattoo parlour and includes four separate rooms along with two cloakrooms, making it suitable for various business uses. Above this, you will find two one-bedroom apartments that are in need of modernization. With some refurbishment work, these flats could serve as additional income sources, with rental estimates of £775 for one and £900 for the other per month. The facility also includes a garage that could generate an extra £80 monthly. Overall, the potential gross rental income could reach approximately £2,530 per month once improvements are made. This property is being offered at auction, providing an exciting chance to purchase without onward chain complications.

Investment analysis

(DT4 area)
Area Average
£301/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (DT4)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -4.2%
5 year growth: +8.3%
Investment Disclaimer: Analysis based on DT4 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

Great George Street, Weymouth DT4
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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
£567
Based on a loan of £112,500 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

Next Steps

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