1-bedroom flat · DT11 7AD
For saleReduced £20k (−14.8%) on 20 JunListed 199 days
Opportunity summary
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About
*no forward chain* A modern, recently converted 1 Bedroom Ground Floor Apartment located in the heart of this Georgian Market Town adjacent to St Peters & St Paul Church.
Features Include:- * no forward chain * Town Centre Location * Ideal ftb/btl * Open Plan Living * Newly Fitted Kitchen * Newly Fitted Bathroom Suite * Generous Double Bedroom Accommodation see floor plan A fantastically presented 1 Double Bedroom Ground Floor Apartment located in the heart of this Georgian Market Town.
Flat E 5 Church Lane is a newly converted 1 Bedroom Ground Floor Apartment offered in great decorative order having been finished to a high standard throughout and also benefits from having its own private entrance.
The Apartment is ideally placed to enjoy all facilities this Georgian Market Town offers and would make an ideal first time buy or alternatively a buy to let investment.
Access is via the paved steps to the front door which in turn provides access to the Open Plan Living which comprises a Living/Dining Area and a newly fitted Kitchen.
The Kitchen comprises a range of base and wall units providing cupboard and drawer storage with built-in electric oven and 4 ring ceramic hob above, stainless steel single drainer sink inset sits beneath the window overlooking the communal area and there are extensive worksurfaces with tiled splashbacks.
There is an integrated fridge/freezer with the whole of this Living Area being laid to laminate floor. The Double Bedroom enjoys a side aspect window towards St Peters and St Pauls Church.
The Newly Fitted White Bathroom Suite comprises a panelled bath with mixer tap and fitted shower above same, wash hand basin, push button low level WC, obscure window to side aspect providing natural light, chrome ladder style radiator and laminate flooring.
Outgoings 125 Years from the 1st January 2021. Ground rent: £125.00 per annum Half yearly service charge in advance is £1,234.87. This can be paid monthly.
Blandford Forum is a Georgian market town with shopping, commercial, sporting and travel facilities.
There is a bus service to the larger towns of Poole, 12 miles, Bournemouth, 20 miles and Salisbury with main line station, 22 miles.
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.
Area
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About Flat E, 5, Church Lane, Dorset
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