Guide price
£300,000
4 bed block of flats for sale44 East Street, Weymouth, Dorset DT4
4 beds
3 baths
Just added
Auction
Freehold
About this property
Freehold
Freehold Block of Three Flats all with Sea Views and Basement in Weymouth, Dorset DT4 - Excellent Potential with Vacant Possession
Guide Price £300,000 to £400,000 * Buyers Premium Applies
For sale by public auction.unconditional online auction.
.
Register on this lot today. The legal pack can be downloaded from our website, .
A rare opportunity to acquire a substantial freehold investment property in an enviable position, just approximately 100 yards from Weymouth's renowned golden sandy beach and vibrant seafront.
The property is currently arranged as three self-contained apartments, comprising a spacious two-bedroom apartment on the ground floor with a courtyard garden, a one-bedroom apartment on the first floor, and a further one-bedroom apartment on the top floor.
Occupying an exceptional coastal position, the principal rooms within each apartment enjoy delightful sea views, providing an attractive feature for both owner-occupiers and tenants alike.
While the property would benefit from some minor cosmetic updating and redecoration, it offers enormous scope to enhance both its presentation and value. It represents an exciting opportunity for investors or developers seeking to create a premium coastal asset.
A particular highlight is the substantial basement extending to approximately 450 sq m, presenting outstanding development potential, subject to the necessary planning permissions and building regulations. Whether considered for additional accommodation, leisure facilities, storage, or an alternative use, this impressive space provides significant scope for future enhancement.
Combining a highly sought-after seafront location, excellent sea views, flexible accommodation, and exceptional development potential, this is a unique investment opportunity with considerable upside.
The property will be entered into our 12gth August auction which is held online and starts at 8:00AM. You must register to bid and download the legal pack.
Property features
Block of Three Flats
. Freehold with vacant possession
. One Two Bedroom and Two One Bedroom Flats
. Basement with Potential to Develop STP (historically a holiday flat)
. Far Reaching Sea Views for All Flats
. Ideal for AirBNB
. Council Tax Band: A
. Market Value: £475,000+
. Holiday Rental Value Per Month: £4000+ (Air Bnb)
. Assured Tenancy Value Per Month: £3000+
. 28 Day Completion
Viewing arrangements
The property is available for viewing immediately, please call us on . 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.
Tenure
Freehold
unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of id, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the legal documents'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Guide Price £300,000 to £400,000 * Buyers Premium Applies
For sale by public auction.unconditional online auction.
.
Register on this lot today. The legal pack can be downloaded from our website, .
A rare opportunity to acquire a substantial freehold investment property in an enviable position, just approximately 100 yards from Weymouth's renowned golden sandy beach and vibrant seafront.
The property is currently arranged as three self-contained apartments, comprising a spacious two-bedroom apartment on the ground floor with a courtyard garden, a one-bedroom apartment on the first floor, and a further one-bedroom apartment on the top floor.
Occupying an exceptional coastal position, the principal rooms within each apartment enjoy delightful sea views, providing an attractive feature for both owner-occupiers and tenants alike.
While the property would benefit from some minor cosmetic updating and redecoration, it offers enormous scope to enhance both its presentation and value. It represents an exciting opportunity for investors or developers seeking to create a premium coastal asset.
A particular highlight is the substantial basement extending to approximately 450 sq m, presenting outstanding development potential, subject to the necessary planning permissions and building regulations. Whether considered for additional accommodation, leisure facilities, storage, or an alternative use, this impressive space provides significant scope for future enhancement.
Combining a highly sought-after seafront location, excellent sea views, flexible accommodation, and exceptional development potential, this is a unique investment opportunity with considerable upside.
The property will be entered into our 12gth August auction which is held online and starts at 8:00AM. You must register to bid and download the legal pack.
Property features
Block of Three Flats
. Freehold with vacant possession
. One Two Bedroom and Two One Bedroom Flats
. Basement with Potential to Develop STP (historically a holiday flat)
. Far Reaching Sea Views for All Flats
. Ideal for AirBNB
. Council Tax Band: A
. Market Value: £475,000+
. Holiday Rental Value Per Month: £4000+ (Air Bnb)
. Assured Tenancy Value Per Month: £3000+
. 28 Day Completion
Viewing arrangements
The property is available for viewing immediately, please call us on . 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.
Tenure
Freehold
unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of id, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the legal documents'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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