2-bedroom flat · BH24 1GZ
No longer listedListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Denisons are delighted to offer this beautifully presented two-bedroom penthouse apartment, situated within a desirable development on the outskirts of Ringwood.
Occupying an impressive position across the full width of two apartments, this spacious second-floor home offers a fantastic combination of modern style, generous proportions and far-reaching views.The standout feature is the bright and spacious open-plan kitchen, dining and living area, which enjoys an abundance of natural light and views across the landscaped communal gardens.
The contemporary kitchen is finished with sleek cabinetry, Quartz worktops and integrated Bosch appliances, while the Velux Cabrio balcony provides a unique space to enjoy the elevated outlook.The property offers two well-proportioned double bedrooms,both rooms benefiting from a stylish en-suite (one bath and other shower room.) Further accommodation includes a separate utility room, downstairs-style cloakroom and excellent built-in storage.Additional benefits include secure entry, allocated carport parking and a desirable location on the edge of Ringwood, with convenient road links providing access towards Bournemouth, Southampton and London.PART-FURNISHED | AVAILABLE NOVEMBER 2026 Holding Deposit: £323.00 required to secure the property.
Affordability: Prospective tenants will be required to meet an annual household income threshold of £42,000, subject to referencing, and have a satisfactory credit history.
EPC Rating: C Council Tax Band: C
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Old Forge Close, Ringwood, BH24
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