2 Ring Street, Stalbridge, Sturminster Newton, Dorset, DT10 2LZ

Description

Description Town & Country Property Auctions are delighted to offer For Sale by Public Auction this charming and quirky Grade II Listed stone cottage dating back to the 17th century which offers a wonderful combination of period character and modern convenience. Situated just moments from the high street of one of Dorset's smallest towns, this delightful home is offered with NO ONWARD CHAIN. The ground floor provides a warm and welcoming living room with deep window sills, period features and a feature fireplace housing a wood-burning stove. This flows through to a spacious, open-plan kitchen/diner, with French doors leading directly onto the delightful rear garden. Upstairs are generous bedrooms with flexible space and a Jack and Jill-style bathroom, providing excellent versatility for owners and occasional guests. Outside, the enclosed cottage garden is a real highlight, featuring a patio, colourful borders and a covered seating area, perfect for entertaining or enjoying the garden whatever the weather. With its period charm, recent electrical rewire, modern electric boiler and excellent location, this property would make an ideal first home, holiday let or investment opportunity. A viewing is highly recommended to appreciate the character, space and truly enchanting garden this unusual cottage has to offer. The property will be entered into our 9th September auction which is held online and starts at 10am. You must register to bid and download the legal pack. PROPERTY FEATURES . Cottage . Two Bedrooms . Reception Rooms: 1 . Grade 2 Listed . Council tax band: . Market Value: £250,000 . Rental Value Per Month: £900 . Freehold . 28 Day Completion VIEWING ARRANGEMENTS The property is available for viewing immediately, please call us on 01202 143399. Please also contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open.

Location

2 Ring Street, Stalbridge, Sturminster Newton, Dorset, DT10 2LZ

Investment Analysis

Investment Snapshot

Strategy Recommendation

Preferred strategy: Income Investment / Buy-to-Let. Confirm this against the legal pack, inspection, finance and local market evidence before bidding.

Works Required

• Obtain a condition / structural survey

• Electrical and heating checks

• Allow for decoration and repairs

HB initial works allowance: £5,000–£15,000. This is an investment-feasibility allowance, not a contractor quotation.

Rental & Market Context

No reliable current rent is stated in the supplied scrape. For initial appraisal only, HB estimates market rent at approximately £1,075–£1,300 pcm (£12,900–£15,600 pa). This is an HB estimate and should be verified against current local lettings.

GDV / Resale Analysis

HB indicative post-works / stabilised value range: £140,400–£158,600. This is an appraisal estimate only, not a RICS valuation. Verify against recent genuinely comparable sold evidence.

Properties Sold Within Approx. 5 Miles

Specific sold transactions are not contained in the supplied scrape, so no unverified addresses or sold prices have been inserted. Check recent Land Registry / local comparable evidence before setting a maximum bid.

Potential BRRR Position

Illustrative middle case: guide £130,000 plus midpoint works of £10,000 gives about £140,000 before acquisition/finance costs. At the midpoint HB value of £149,500, an illustrative 75% refinance is about £112,125, leaving approximately £27,875 of purchase/works capital before transaction costs.

Flip Analysis

Midpoint HB value £149,500 less guide and midpoint works gives an initial gross spread of about £9,500. This is not profit: SDLT, auction fees, legal fees, finance, holding costs, utilities, insurance, selling fees and contingency must also be deducted.

Investor Risks & Due Diligence

• Review the full legal pack, title and special conditions

• Confirm buyer's premium / auction administration charges and completion timetable

• Obtain a suitable condition or structural survey

• Verify refurbishment quotations and contingency

• Verify current rental evidence and recent comparable sales

• Confirm lender requirements, valuation and exit finance

Recommendation

Initial recommendation: Income Investment / Buy-to-Let. Proceed only if the legal pack, condition, funding and exit-value evidence support the proposed maximum bid.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★☆☆ | Flip/Resale: ★★★☆☆