1-bedroom flat · BH24 1WJ
For saleListed 166 days
Opportunity summary
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About
STUNNING and spacious one bedroom retirement apartment situated on the second floor of the VERY POPULAR Cornmantle Court development - with GREAT VIEWS of the landscaped gardens and adjacent bowling green.
Cornmantle Court - Cornmantle Court is a contemporary development of 20 one and 13 two bedroom Retirement Living apartments for the over 60s, where you can enjoy those little ‘luxuries’ like having underfloor heating, a walk-in wardrobe.
The lounge at Cornmantle Court leads out to the landscaped garden, which features a gazebo and kitchen garden.
There’s a House Manager and the development maintenance, such as gardening and window cleaning, is covered in the service charge.
The development also features a fully equipped laundry room, a mobility scooter store and charging room.
Each apartment has a 24 hour emergency call system, should you require assistance and a camera door entry system linked to your TV, so that you can see who’s calling for you before letting them in.
Ringwood is an historic Hampshire market town located on the River Avon, west of the New Forest and north of Bournemouth.
Ringwood’s main high street is home to various shops including supermarkets, fashion outlets, coffee shops, restaurants, a post office, pharmacists and doctors’ surgeries.
There is also a popular recreation centre and library. A weekly market is held every Wednesday morning on Ringwood High Street.
It is a condition of purchase that all residents meet the age requirement of 60 years.
Entrance Hall - Front door with spy hole leads to the large entrance hall, the 24 hour Tunstall emergency response pull cord system is situated in the hall.
From the hallway there is a door to a walk-in storage cupboard. Illuminated light switches, smoke detector, apartment security door entry system, intercom and emergency pull cord.
Doors lead to the bedroom, living room and bathroom. Lounge - Feature fire surround with electric fire. TV and telephone points. Two ceiling lights. Fitted carpets, raised electric power sockets.
Underfloor heating with individual thermostats. Window over looking the lovely communal gardens. Partially glazed door leads into a separate kitchen. Kitchen - Fully fitted kitchen with tiled floor.
Stainless steel sink with chrome mixer tap. Built-in oven, ceramic hob with extractor hood over and fitted integrated fridge and freezer.
Bedroom - A spacious double bedroom with built-in wardrobe, power points. Double glazed window. Shower Room - Fully tiled and fitted with underfloor heating, suite comprising walk-in shower.
Low level WC, vanity unit with sink and mirror above.
Service Charge (Rl) - What your service charge pays for: • House Manager who ensures the development runs smoothly • All maintenance of the building and grounds, including window cleaning, gardening and upkeep of the building exteriors and communal areas • 24hr emergency call system • Monitored fire alarms and door camera entry security systems • Maintaining lifts • Heating and lighting in communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance, water and sewerage rates Service charge - £3,049.53 pa until 30/09/2026 The service charge does not cover external costs such as your Council Tax, electricity or TV.
Find out more about service charges please contact your Property Consultant or House Manager.
Ask about our FREE ENTITLEMENTS SERVICE to find out what benefits you may be entitled to to support you with service charges and living costs. (Often offset by Government Entitlements e.g.
Attendance Allowance £3,500-£5,200pa). Leasehold - Lease 125 Years from 2014 Ground Rent £425 - annually.
Ground rent Review 2029 Additional Information & Services - • Ultrafast Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
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 Cornmantle Court, Parsonage Barn Lane, Ringwood, Hampshire, BH24 1WJ
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