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5 Wyke Road, Weymouth, Dorset, DT4

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Floorplan 1
1

Key features

  • Block Of Four Apartments
  • All Units Tenants In Situ
  • Central Weymouth
  • Fantastic Investment Opportunity
  • Courtyard Garden
  • Sea Views (Some Units)
  • Fitted Kitchen/Shower Rooms
  • Short Walk To Town & Beach
  • EPC Rating: D
  • Council Tax Band: A

Description

Presenting a truly outstanding investment opportunity, this block of four self-contained apartments is now available for sale in the highly sought-after central Weymouth area. Situated at Wyke Road, Dorset, this property offers a compelling proposition for investors seeking immediate returns.

Each unit sits on its own floor. Flat one offers the largest living space of the block, boasting a generous living room separate to the kitchen, unlike flats two and three which share a very similar size, open plan living/kitchen spaces and two bedrooms. Flat four measures smaller, with separate living room and kitchen spaces and one bedroom.

Each of the four units within this block is currently occupied by tenants, ensuring a seamless transition for the new owner with rental income commencing from day one. This 'tenants in situ' arrangement significantly reduces the typical void periods and management efforts often associated with acquiring new rental properties, making it an attractive, hassle-free investment.

The property comprises a mix of well-appointed flats, each featuring a fitted kitchen and modern shower room. While specific bedroom counts vary per unit, the overall offering provides versatile accommodation suitable for a range of tenants in a total of six bedrooms. Externally, residents benefit from a charming courtyard garden, providing a private outdoor space for relaxation, a desirable feature in Central Weymouth settings.

Location is paramount, and Wyke Road excels in this regard. Positioned in central Weymouth, residents are just a short walk from the vibrant town centre, offering an array of shops, restaurants, cafes, and essential services. The renowned Weymouth Beach, with its golden sands and picturesque harbour, is also within easy reach, providing leisure and recreational opportunities right on the doorstep. This prime location ensures strong tenant demand and consistent rental yields.

Weymouth itself is a popular coastal town, known for its beautiful Jurassic Coastline, historic harbour, and excellent transport links. It attracts both permanent residents and holidaymakers, contributing to a robust rental market.

This fantastic investment opportunity is offered at a fixed price of £430,000. Each unit benefits from an EPC Rating of D and falls within Council Tax Band A, indicating efficient running costs. With all units tenant-occupied, a central location, and the potential for sea views, this property represents a secure and lucrative addition to any investment portfolio. Early viewing is highly recommended to fully appreciate the scope and potential of this unique offering.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

5 Wyke Road, Weymouth, Dorset, DT4

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Affordability

Monthly repayments£2,045
Property: £ 430,000
Deposit: £ 43,000
Interest rate: 4.86%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Coco Property Group Limited, Weymouth

14a Albany Road, Granby Industrial Estate, Weymouth, DT4 9TH
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1

A modern estate agency with traditional service. Coco Property is a progressive family business, using the latest technology to offer a comprehensive sales and lettings services in South Dorset.

With decades of experience on hand, we offer exceptional knowledge and service levels, utilizing the latest technology to provide unrivalled marketing and service to our clients.

If you need the services of an approachable, professional team of property experts please contact us and we would be pleased to help.

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Disclaimer - Property reference CCP_WYM_LFSYCL_1111_1276543147. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Coco Property Group Limited, Weymouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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