Summary - 37 ST THOMAS STREET WEYMOUTH DT4 8EH
3 bed 1 bath Mixed Use
**Standout Features:**
- Gross Initial Yield: 7.29%
- Rental Income: £30,600 p.a.
- Mixed-use property with ground floor shop and two self-contained flats
- Prime location near major retailers like Tesco Express and McDonald’s
- Total area: 2,216 sq ft
- Freehold tenure, chain-free
**Negative Aspects:**
- Very high crime rate in the local area
- Compact plot size with no visible outdoor space
- Nearby schools have varying Ofsted ratings
Located in the bustling heart of Weymouth, this mixed-use property at 37 St. Thomas Street presents an exceptional investment opportunity with a gross initial yield of 7.29%. The ground floor houses a charming retail space currently leased to Coffee Jazz Ltd, generating £12,000 per annum. Above, two self-contained flats offer additional income — one yielding £10,200 and the other £8,400 annually. The property's prime location is bolstered by nearby amenities, including popular supermarkets and eateries, providing excellent foot traffic for the café and rental potential for the flats.
While the area suffers from a high crime rate that may affect peace of mind, its vibrant seaside setting and proximity to essential services can attract diverse tenants. The compact nature of the property means outdoor space is limited, but the urban location is ideal for city living. This freehold investment is chain-free and ripe for potential future renovations, allowing you to further enhance its value. Don’t miss out on this rare opportunity in a prime location!
3 bedroom terraced house for sale in St Thomas Street , Weymouth, DT4 — £385,000 • 3 bed • 2 bath • 1012 ft²
High street retail property for sale in 87,88,89 The Esplanade, Weymouth, Dorset DT4 7AP, DT4 — £455,000 • 1 bed • 1 bath • 1271 ft²
Shop for sale in St. Alban Street, Weymouth, DT4 — £350,000 • 3 bed • 2 bath • 797 ft²
2 bedroom terraced house for sale in 57-58 St. Mary Street, Weymouth, Dorset, DT4 — £370,000 • 2 bed • 2 bath
4 bedroom flat for sale in Ranelagh Road, Weymouth, Dorset, DT4 — £300,000 • 4 bed • 2 bath • 616 ft²
Commercial property for sale in St Mary Street, Weymouth, DT4 — £500,000 • 1 bed • 1 bath • 8944 ft²
