31 Salisbury Street, Blandford Forum, Dorset, DT11 7AU

Description

A Vacant Mid Terrace Building Arranged to Provide a Lower Ground and Ground Floor Retail Unit and a First and Second Floor One Bedroom Split Level Flat

Accommodation

Lower Ground Floor: Cellar. Ground Floor: Retail Unit, WC. First Floor: Reception Room with Open-Plan Kitchen, Bathroom. Second Floor: Bedroom.

Location

The property is situated on a mixed use close to local shops and amenities. The open spaces of Milldown Nature Reserve are within easy reach. Transport links are provided by the A354.

Tenure / Property Information

Investment Analysis

The strongest evidence is the exact property address, recorded as sold for £85,000 on 27 April 2026. Other nearby freehold terraced sales range from £140,000 to £208,000, with one higher £280,000 sale, but the accommodation, condition and use are not sufficiently comparable. The £85,000 subject-property sale is therefore the most reliable GDV benchmark. The guide is £50,000+, subject to the £1,800 buyer administration charge and potentially further legal-pack disbursements.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack and obtaining a condition, EPC and mixed-use valuation assessment. Treat £85,000 as the principal market benchmark and do not bid on assumed rental or refurbishment margins that are not evidenced.

Works Required

No specific physical defects or works are evidenced. Obtain a survey and review the legal pack, with particular attention to the current F-rated EPC and any energy-efficiency works required. Confirm the condition and lawful use of the retail unit, cellar and one-bedroom flat before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A 75% refinance of the £85,000 base GDV would be approximately £63,750. Cash left in cannot be calculated because refurbishment costs, financing costs, purchase costs beyond the £1,800 administration charge and legal-pack disbursements are unknown. The strategy is therefore not underwritten on the available evidence.

Buy-to-Let Analysis

BTL returns cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. The mixed-use configuration, vacant status and F-rated EPC require further investigation before relying on residential or commercial rental income.

Flip Analysis

The exact property has a recorded sale at £85,000, which provides a useful resale benchmark. However, no works allowance, selling costs or complete acquisition-cost schedule is available, so a reliable flip surplus cannot be calculated. The nearby £166,000 sale is not sufficiently detailed to establish an alternative GDV.

Investor Risks & Due Diligence

• Current EPC rating F may require energy-efficiency improvements or affect letting and resaleability.

• No rental evidence or passing rent is available, so income and yield cannot be established.

• The property is mixed use, creating uncertainty over valuation, finance, insurance and permitted use.

• Refurbishment requirements and condition are not disclosed.

• Additional legal-pack disbursements and other special-condition charges may be payable.

• The property is vacant, so there is no evidenced existing income stream.

Recommendation

Proceed only after reviewing the legal pack and obtaining a condition, EPC and mixed-use valuation assessment. Treat £85,000 as the principal market benchmark and do not bid on assumed rental or refurbishment margins that are not evidenced.

Strategy Rating

Analysis Confidence

The exact-property completed sale is strong evidence, but rental evidence, condition details, refurbishment costs, legal-pack disbursements, selling costs and finance assumptions are unavailable. Nearby comparables also lack sufficient detail for precise adjustment.