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See how verdicts work2-bedroom flat · BH14 8SZ
Listing removedListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Olympus is an exceptional development of just seven spacious and beautifully refurbished apartments by Ankers and Rawlings, a highly regarded local firm.
It is located in this sought after sylvan setting in the heart of Lower Parkstone, less half a mile from Ashley Cross.
Noteworthy features include a secure underground car park with remote control gate, where each apartment has one or two spaces and the development is pet friendly.
Other added benefits include a lift to all floors and security video entryphone system.
All the apartments are superbly finished to a high quality specification with fully fitted luxury kitchens having integrated Siemens appliances, stylish bespoke furniture in all bedrooms, stunning contemporary bathrooms and ensuite shower/bathrooms, double glazing, gas fired underfloor heating and particularly attractive flooring.
They all have either balconies or large sun terraces and have harbour views across the treetops of Lower Parkstone.
Apartment two is an elevated ground floor two double bedroom property, which has a superb living room with fully tiled flooring and corner double glazing including sliding patio doors leading to a large southerly sun terrace.
Individual features include a useful Peninsula breakfast bar with contemporary light over, and an ambient ceiling light recess.
There is also a ‘secret’ door leading to a large walk-in larder cupboard with automatic light and power socket.
The master bedroom has a full range of fitted furniture with central doors concealing and leading to the stylish ensuite shower room.
There are double glazed doors from both bedrooms leading to a private paved rear courtyard area.
• Elevated ground floor luxurious apartment with two double bedrooms, both with stylish bespoke fitted furniture • Beautiful views over trees and rooftops with the Isle of Purbeck beyond • Large southerly sun terrace and additional private courtyard • Newly refurbished development of just 7 apartments with secure underground parking and private storerooms • Security video entryphone system; lift to all floors including car park level • Gas fired underfloor heating and newly installed double glazing • Fully refurbished to an exacting specification throughout by highly regarded local developers Ankers and Rawlings • Stylish bathroom and en suite shower room with rak and Duravit sanitary ware and tapware Ashley Cross offers a wide selection of shops, bars, restaurants as well as a mainline railway station and a central open “Village Green” where there are regular entertainment events held throughout the year.
Other local leisure facilities include the superb Poole Park, Parkstone Golf Club, various marinas, Whitecliff Park, Compton Acres Gardens, and of course the beautiful sandy bathing beaches that the area is famous for, all of which are within easy reach of Olympus.
Council Tax Band: E EPC Rate: Estimated Maintenance Charge - £2055 per annum. Tenure – Leasehold with share of freehold
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About Flat 2, Olympus, Highmoor Road, Poole
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