Three self-contained flats close to Weymouth harbour — income-producing, sold with tenants in place..
- Sold as a going concern with tenants in situ
- Three self-contained flats across three storeys
- Advertised rents: £550, £500 and £500 pcm
- Moments from harbour, sandy beach and town centre
- Freehold Victorian mid-terrace with period bay windows
- Solid brick walls likely uninsulated; upgrade advised
- Very high local crime and very deprived area
- Small private courtyard; limited external space
A ready-made coastal investment in Weymouth’s centre, sold as a going concern with tenants in situ. The Victorian mid-terrace is arranged as three self-contained flats across three storeys, each with its own kitchen and shower room — currently generating advertised rents of £550, £500 and £500 pcm. The property includes a private courtyard, solid brick construction and bay-window period character a short walk from the harbour, beach and town amenities.
Practical strengths include freehold tenure, mains gas boiler heating, double glazing (install date unknown) and straightforward layout for continued multi-let use. EPCs are listed as C and D across the flats, and the compact courtyard provides basic private outdoor space and rear access.
Material considerations: the area is recorded as very deprived with very high local crime levels, which will affect tenant demand and insurance or management costs. The building dates from before 1900 with assumed uninsulated solid walls; refurbishment and insulation works are likely needed to improve energy efficiency and reduce running costs. Some internal fittings and decor are dated and will require modernisation to maintain or increase rents.
This is suited to an investor seeking an income-producing coastal asset with immediate occupancy, close proximity to transport links, leisure and retail. No onward chain speeds purchase, but buyers should allow budget for upgrades, potential energy improvements and active tenancy management given the location profile.
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