Portland 1 Guernsey Street, Portland, Dorset

Description

Vacant freehold mid terrace house extending to approximately 103 sq m (1,111 sq ft). Ground floor comprises living room, dining room and kitchen; first floor comprises two bedrooms and bathroom; second floor comprises two bedrooms.

Accommodation

Ground floor: Living Room, Dining Room, Kitchen. First floor: Two Bedrooms, Bathroom. Second floor: Two Bedrooms. Extending to approximately 103 sq m (1,111 sq ft).

Location

The property is located on the east side of Guernsey Street. There is a range of shops and amenities along Fortuneswell. Weymouth station (GWR Services) is approximately 4.8 miles to the north. The A354 is easily accessible. Chesil Beach is within walking distance.

Tenure / Property Information

Investment Analysis

The two most recent supplied sales on Guernsey Street were £185,000 and £190,000 in 2025. Older sales range from £182,500 to £210,000, but bedroom count, floor area and condition are not provided, so no reliable adjustment can be made. A cautious evidence-based base GDV is £187,500, with a supported range of £185,000–£190,000 based on the recent same-street sales.

Investment Snapshot

Strategy Recommendation

Proceed only subject to inspection, legal due diligence and a firm cost plan. The apparent GDV margin may support a resale or owner-occupier strategy, but the missing condition, rent and fee evidence prevents a confirmed investment case.

Works Required

No specific defects or required works are evidenced. A full survey and inspection should establish condition, statutory compliance and any refurbishment requirement before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the base GDV, 75% refinancing would be approximately £140,625. However, total project cost and cash left in cannot be calculated because works, buyer costs, additional charges and finance costs are unsupported. The guide price is £47,500 below the base GDV before these costs.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The property is vacant, and acquisition costs, refurbishment costs and finance costs are also unknown.

Flip Analysis

The evidence indicates a base resale value of approximately £187,500, but refurbishment requirements, acquisition charges and selling costs are unknown. A reliable flip surplus and maximum bid cannot therefore be calculated.

Investor Risks & Due Diligence

• Property condition and refurbishment requirements are not evidenced.

• No sufficiently specific rental evidence is available, so rental yield cannot be assessed.

• Buyer premium, administration charges and other seller or third-party fees are not supplied.

• The guide price is not a guaranteed purchase price and the final auction price may exceed it.

• The supplied comparables do not include bedroom count, floor area or condition, limiting valuation precision.

• The property is vacant, so there is no passing rent or existing tenancy income.

Recommendation

Proceed only subject to inspection, legal due diligence and a firm cost plan. The apparent GDV margin may support a resale or owner-occupier strategy, but the missing condition, rent and fee evidence prevents a confirmed investment case.

Strategy Rating

Analysis Confidence

Recent same-street completed sales support a provisional GDV range, but the comparables lack detailed specification and there is no condition, rental, buyer-cost or seller-charge evidence.