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7 Bed Terraced House For Sale Lennox Street, Weymouth, DT4

£425,000- Terraced

Yield: 3.88%
1 of 14
Yield: 3.88%
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  • Rental Valuation: In excess of £1,380
  • 7 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • 6 Bedroom Guest House
  • 1 Bedroom Owner's Accommodation
  • All Bedrooms With En-suites
  • Fully Furnished And Fully Equipped
  • Courtyard Garden
  • Close To Town And Beach
  • Double Glazed
  • Gas Central Heating
Last Updated: 21st December 2019

Description

Palmer Snell are pleased to offer this beautifully presented Guest House, only moments from the Sea and Local Transport Links. The accommodation briefly comprises of entrance hall, ground floor guest room with en-suite, large lounge/ dining room and fully fitted kitchen. To the first floor there is owner's one bedroom accommodation with office area and en-suite. Two further guest rooms with en-suites. To the second floor there are three further guest rooms with en-suites. To the outside there is a low maintenance rear garden and permit parking to the front. The property already holds approx £30,000 of pre bookings and is being sold fully furnished and fully equipped to continue this profitable Guest House business.

Situated within close proximity of Weymouth Seafront and Town Centre.

Nearby Stations

  • Weymouth Rail Station (0.2 miles away)
  • Upwey Rail Station (2.2 miles away)

Nearby Schools

  • Arbour House (0.2 miles away)
  • Weymouth College (0.3 miles away)
  • St John's Church of England Primary School (0.6 miles away)
  • Beechcroft St Pauls CofE Primary School (0.7 miles away)
  • Sure Start Weymouth and Portland (0.8 miles away)
Agent Details
Palmer Snell
88, St. Thomas Street, Weymouth, DT4 8EN
Show Contact Number
01305 700 094

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
3.5

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£12750
Lower taxes for this property type will not burden this property type as much leading to potential future price growth.
7.8

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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Rental Data
Sorry, there are few recent rental listings in proximity to this property.

5 Bedroom properties in “DT4” are mostly listed between £1,100 - £1,380 based on the 1 recent listing found.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested