Freehold Victorian terrace near Weymouth Beach, four flats and immediate rental income..
- Freehold mid-terrace Victorian building split into four self-contained flats
- Returning £30,000+ pa; gross yield circa 6.7% at £450,000
- Moments from Weymouth Beach; strong coastal rental demand
- Enclosed rear garden; small plot and compact communal areas
- Electric heating and pre-2002 double glazing; low energy efficiency
- Cavity walls assumed without insulation; retrofit likely needed
- Area: very deprived with above-average crime statistics
- Sold with no onward chain; ideal for investor with management plan
A versatile freehold mid-terrace Victorian property arranged as four self-contained flats, offered with no onward chain and returning £30,000+ per annum. Located moments from Weymouth Beach, the building benefits from a strong coastal rental demand and compact communal garden. The approximate gross yield is around 6.7% at the asking price of £450,000.
Accommodation is split across three storeys and provides a mix of studio/one-bedroom layouts, two bathrooms and a small enclosed rear garden. Flats have double glazing (installed before 2002) and electric heating. The property’s scale and layout suit short-term holiday lets or long-term lettings to coastal renters and seasonal workers.
Buyers should note material negatives: the area records above-average crime and very high deprivation indicators, the external walls are cavity with assumed no insulation, and heating is electric room heaters/storage heaters which will limit energy efficiency. Plot size and overall living space are small relative to price, and some cosmetic and services checks are likely required given the age and multi-occupancy use.
This is a clear acquisition for an investor prepared to manage a multi-let HMO-style freehold close to the seafront. The building’s Victorian character and location offer income stability, but budget for ongoing maintenance, potential energy-efficiency improvements, and management or refurbishment costs.
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