Diversified income lines in a bustling seaside town with refurbishment upside.
Ground-floor retail with large basement, prime high-street location
Includes 4-bed HMO over three floors plus separate 1-bed maisonette
Period mid-terrace (pre-1900) with character features and bay windows
Double glazing fitted post-2002; mains gas boiler and radiators
Solid brick walls likely uninsulated — improvement opportunity
Requires refurbishment and general modernisation throughout
Area shows very high crime and very high deprivation — higher tenant risk
Sold by auction: 56-day completion, non-refundable 4.5% reservation fee
A substantial mixed-use mid-terrace building in central Weymouth, offered freehold and sold by auction. The ground floor is a large retail unit with a basement; upper floors form a 4-bedroom HMO and a self-contained 1-bedroom maisonette to the rear. The property’s central position on St Mary Street gives strong footfall and easy access to local amenities and transport links.
This is primarily an investor opportunity. The building’s layout already supports diversified income streams (commercial unit, HMO and separate flat), reducing single-tenant risk. Constructed before 1900, it retains period character and benefits from double glazing installed post-2002 and mains gas central heating throughout.
Important considerations: the area records very high crime and very high deprivation, which can affect rental levels, insurance and void risk. The building is older with solid-brick walls assumed without insulation and it requires refurbishment to maximise rental value. Sale is by the Modern Method of Auction — buyers must complete within 56 days and pay a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) plus a Buyer Information Pack fee (£349). Prospective bidders should check mortgage suitability and inspect fully before bidding.
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