Melrose Court, Poundbury, DT1
ME

Melrose Court, Poundbury, DT1

By Meyers Estate Agents

£ 161,250

Reviews

2 out of 5 stars

Meyers Estate Agents says ..

THE PREVIOUS SHOW HOME - A stylish self-contained TWO BEDROOM apartment, for over 55s with ACCESS to gardens and COMMUNAL facilities. Shared Ownership of 75%, Over 55's ONLY

Property Oracle says ..

This two-bedroom apartment in Melrose Court, Poundbury, Dorchester, is marketed as a stylish over-55s property. The listing highlights access to communal gardens and facilities, suggesting a retirement-focused community. The apartment itself presents a modern and well-maintained interior, as shown in the photos. The kitchen appears recently updated and equipped with modern appliances. The living areas are bright and spacious. However, the listing does not provide specific information on the size of the property, only stating it has 675 sqft. A key point is that it is a shared ownership property with a 75% share. This should be a major consideration for any potential buyer. The location in Poundbury is generally considered desirable, with access to shops, schools, and transport links although these are not explicitly detailed. The price of £161,250 seems to be within the range of other properties in the area, but the significant variance among comparable sales prices requires close scrutiny and independent valuation. The lack of private outdoor space is a notable limitation; however, access to communal gardens might appeal to some residents. Overall, the property presents itself well but the shared ownership and limited plot size, coupled with the variation in local pricing, require due diligence before purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
675.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
478,446.00 £
Decreased by 3.92 %
from 497,942.00 £
Est sale value
340,875.00 £
Increased by 23.47 %
from 276,075.00 £
Average area rental value
1,100.00 £/mo
Decreased by 29.17 %
from 1,553.00 £/mo
Est letting value
675.00 £/mo
Unchanged by 0.00 %
from 675.00 £/mo
Est rental Yield
2.76 %
Decreased by 26.20 %
from 3.74 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Meyers Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Damers First SchoolAcademy Converter0.24 KM
DorchesterChildren's Centre0.25 KM
The Thomas Hardye SchoolAcademy ConverterOutstanding1.18 KM
The Prince Of Wales SchoolCommunity SchoolGood1.39 KM
Dorchester Middle SchoolAcademy ConverterRequires improvement1.70 KM

Images

Photo 9 Photo 15 Photo 14 Photo 18 Photo 22 Photo 21 Photo 11 Photo 12 Photo 13 Photo 16 Photo 5 Photo 10

Nearby Streets

NameAverage PriceAverage SqftDistance
Harewood Road £ 000.00 KM
Middle Farm £ 000.00 KM
Poundbury Farm Way £ 262,50000.00 KM
Abbey Place £ 915,00000.00 KM
Vittoria Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Dorchester West5962DCW2.26 KM
Dorchester South5961DCH2.87 KM
Upwey5967UPW7.32 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melrose Court, Poundbury, DT1 £ 161,250BUY5 / 100.00 KM
Peverell Avenue East, Poundbury, Dorchester £ 350,000BUY6 / 100.07 KM
Liscombe Street, Poundbury £ 362,500BUY7 / 100.09 KM
Peverell Avenue East, Poundbury, Dorchester £ 265,000BUY7 / 100.09 KM
Peverell Avenue East, Poundbury, Dorchester £ 250,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
53 Peverell Avenue East £ 580,0000.01 KM
15 Peverell Avenue East £ 220,0000.01 KM
51 Peverell Avenue East £ 550,0000.01 KM
37 Peverell Avenue East £ 577,5000.01 KM
47 Peverell Avenue East £ 575,0000.01 KM