1-bedroom flat · BH14 8UG
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground floor retirement apartment – Ideally located within walking distance of local amenities and the train station.
Situated in the popular and convenient location of Ashley Cross, Homelake House is a well-regarded retirement development offering residents a comfortable and welcoming environment.
This one-bedroom ground floor apartment provides well-proportioned accommodation, making it an ideal choice for those seeking a low-maintenance home within a sociable retirement community.
The apartment features a good-sized lounge/diner, providing a comfortable space for both relaxing and entertaining.
The room flows naturally through to the kitchen, which benefits from a range of floor-to-ceiling units, providing useful storage, along with space for appliances.
The bedroom is a comfortable size and benefits from built-in wardrobe space, offering practical storage for clothing and personal belongings.
The shower room is conveniently located and fitted with a shower, WC and wash hand basin, providing all the essential facilities.
Residents of Homelake House also have access to a range of communal facilities, designed to encourage both comfort and social interaction.
These include a communal residents' lounge and communal gardens.
Overall, this well-positioned ground floor apartment offers comfortable and practical accommodation, together with the benefits of communal facilities and a friendly retirement setting, all within the sought-after Ashley Cross area.
Additional Benefits Include: Leasehold: 159 Years from 1st September 1985 Service Charge: 1 September 2026-28th February 2027- £1,936.47. Paid per 6 months.
Ground Rent: £255.63 paid half yearly Council Tax Band: B 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your cooperation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Martin and Co Poole limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About 20, Homelake House, Parkstone, Poole
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