# 2 bedroom terraced house for sale (SP8 5FS)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3, MILL LAKE, FACTORY HILL, GILLINGHAM, BOURTON, DORSET SP8 5FS |
| Price | £270,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | TBC |
| Floor area | 81 m² |
| Last sold | £244,000 Nov 2021 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Current heating cost:** £267/year
- **Est. upgrade cost to C:** £9,500

### Recommendations
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/4200-8065-0932-6004-3593)

## Description

**SUMMARY**

PLOT 3 The Mill, Bourton, enhances the appeal of village living comprising of two, three and four bedroom homes. The village lies on the River Stour which passes through the historic Bourton Mill making it the perfect location for those whom enjoy picturesque walks.

**DESCRIPTION**

An outstanding environment that sits perfectly within beautiful surroundings of the North Dorset countryside. The Mill, Bourton, enhances the appeal of village living comprising of two, three and four bedroom homes. Blending traditional architectural style with contemporary interiors and exceptional levels of finish and specification, these desirable homes epitomise the developer's ethos of excellence in every detail. With Two phases of the development already complete and occupied, the opportunity to join the growing community in this individual location is in demand.  

Spring Part-Exchange is available.

**Agents Note** 

Please note that images used may be computer generated and or/from a show-home by the developer and are meant for guidance only. Images are general of the development and may not relate to your chosen Plot - clarification should be sought from our sales team.

**Spring Part-Exchange** 

Spring Part-Exchange is available on this property- purchase your dream new home immediately or on a date of your choice, with a guaranteed offer from Spring, please ask for full details.

**Specification** 

Ground floor 

Utility Area- 2845 x 1255 - space for white goods

Garage 

G/F WC

First floor

Living room - 4330 x 2845

Dining area - 3180 x 2230

Kitchen - 4330 x 2175

Second floor

Bed 1 - 4330 x 2855

Bed 2 - 4330 x 2960 narrowing to 2175

Family bathroom

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2: These particulars do not constitute part or all of an offer or contract.

3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4: Potential buyers are advised to recheck the measurements before committing to any expense.

5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

## Property Photos

- ![Photo](/listings/photos/134156570/646544)
- ![Photo](/listings/photos/134156570/646548)
- ![Photo](/listings/photos/134156570/646557)
- ![Photo](/listings/photos/134156570/646563)
- ![Photo](/listings/photos/134156570/646569)
- ![Photo](/listings/photos/134156570/646573)
- ![Photo](/listings/photos/134156570/646579)
- ![Photo](/listings/photos/134156570/646583)

## Floorplans

- ![Floorplan 1](/listings/photos/134156570/646587) - Floorplan 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MILL LAKE 3 FACTORY HILL, BOURTON, GILLINGHAM, DORSET, SP8 5FS | £244,000 | 30/11/2021 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 18 NEW CLOSE, BOURTON, GILLINGHAM, DORSET, SP8 5DL | £227,500 | 18/12/2025 | Terraced |
| MILL LAKE 20 FACTORY HILL, BOURTON, GILLINGHAM, DORSET, SP8 5FS | £260,000 | 17/02/2023 | Terraced |
| 21 NEW CLOSE, BOURTON, GILLINGHAM, DORSET, SP8 5DL | £250,000 | 13/12/2022 | Terraced |
| MILL LAKE 4 FACTORY HILL, BOURTON, GILLINGHAM, DORSET, SP8 5FS | £325,000 | 25/11/2022 | Terraced |
| 9 NEW CLOSE, BOURTON, GILLINGHAM, DORSET, SP8 5DL | £276,000 | 01/04/2022 | Terraced |
| MILL LAKE 2 FACTORY HILL, BOURTON, GILLINGHAM, DORSET, SP8 5FS | £245,000 | 17/12/2021 | Terraced |
| MILL LAKE 1 FACTORY HILL, BOURTON, GILLINGHAM, DORSET, SP8 5FS | £250,000 | 24/09/2021 | Terraced |

**Area average:** £261,929 (7 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £219,229 (24 Terraced, SP8, 2024–2026)
- **Deviation:** +23.2%

## Rental Range

*ONS Price Index of Private Rents (Dorset). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £935/mo
- **Realistic:** £1,039/mo
- **Optimistic:** £1,143/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Yeovil (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £693/mo

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £129,875
- **Target investor price (1%):** £103,900

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £3,333/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 0.8%
- **10y growth:** 8.1%

## House Price Index (HM Land Registry)

*Official index for Dorset; Terraced series; as of March 2026.*

- **1y growth (index):** -0.6%
- **5y growth (index):** 13.2%
- **10y growth (index):** 36.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)