Derby Street, Weymouth
DI

Derby Street, Weymouth

By Direct Moves

£ 295,000

Reviews

2 out of 5 stars

Direct Moves says ..

Derby Street, Weymouth, this impressive house presents an exciting investment opportunity. Currently operating as a House in Multiple Occupation (HMO), the property is already tenanted, ensuring a steady income stream for prospective buyers. Boasting six well-proportioned bedrooms, this...

Property Oracle says ..

This six-bedroom property located on Derby Street in Weymouth, Dorset, presents a mixed bag of opportunities and challenges. Its key selling point is the number of bedrooms, potentially appealing to families or those seeking rental income. The location in Melcombe Regis offers easy access to the town centre, train station, and schools. Proximity to the beach is a significant lifestyle advantage. However, the lack of information regarding the property’s condition, beyond what is visible in the photo, is important. The image reveals a property that appears to be in fair condition, but not luxurious or recently updated. The major drawback is the absence of a garden, reducing curb appeal and the overall desirability for many buyers. The price, while seemingly within the range of the local market, needs to be analysed with caution due to lack of comparable data. Overall buyers need to carefully assess their priorities to determine if the benefits of this property outweigh the potential need for additional investment in maintenance or renovations, and the lack of land. Further information about the interior and the specific condition of the house is needed for a comprehensive assessment. Independent surveys, including structural and condition surveys would be recommended prior to 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
6
Location
7
Land
1
Bedrooms
6
Bathrooms
2
Sqft (est)
1,200.00

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
181,667.00 £
Decreased by 18.18 %
from 222,035.00 £
Est sale value
360,000.00 £
Increased by 1.35 %
from 355,200.00 £
Average area rental value
838.00 £/mo
Decreased by 15.86 %
from 996.00 £/mo
Est letting value
1,200.00 £/mo
Unchanged by 0.00 %
from 1,200.00 £/mo
Est rental Yield
5.54 %
Increased by 2.97 %
from 5.38 %
Crime Rate
36.00 %
Unchanged by 0.00 %
from 36.00 %

Agent Activity

  • Direct Moves created the listing.

Nearby Schools

NameTypeOfstedDistance
Arbour House SchoolOther Independent Special SchoolGood0.53 KM
Sure Start Weymouth And PortlandChildren's Centre0.64 KM
Weymouth CollegeFurther EducationGood0.75 KM
St John'S Church Of England Primary SchoolAcademy ConverterGood1.12 KM
Beechcroft St Pauls Cofe Primary SchoolAcademy ConverterRequires improvement1.59 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Coburg Place £ 000.00 KM
Swannery Bridge £ 000.00 KM
Princess Gardens £ 000.00 KM
Pilgrims Way £ 000.00 KM
Rodwell Trail £ 105,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Weymouth5965WEY0.14 KM
Upwey5967UPW3.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Derby Street, Weymouth £ 295,000BUY5 / 100.00 KM
Derby Street, Weymouth £ 290,000BUYUnknown0.02 KM
DERBY STREET, WEYMOUTH, DORSET £ 245,000BUYUnknown0.02 KM
Derby Street, Weymouth, Dorset, DT4 £ 300,000BUYUnknown0.02 KM
STANLEY STREET, WEYMOUTH TOWN CENTRE, WEYMOUTH, DORSET £ 170,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
35a Derby Street £ 110,0000.02 KM
35b Derby Street £ 170,0000.02 KM
28 Derby Street £ 529,7480.02 KM
12 Derby Street £ 229,0000.02 KM
31 Derby Street £ 36,0000.02 KM