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See how verdicts work2-bedroom flat · SP7 8AU
For saleListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* * The only two double bedroom apartment available in Homefarris House * * An immaculately presented two double bedroom ground floor apartment located on the front corner of this popular retirement complex for the over 60’s, very conveniently located within easy reach of the town centre.
The apartment is offered for sale with no forward chain, a real must view!
Decsription Homefarris House is a delightful retirement complex set in the heart of Shaftesbury Town with the benefit of a house manager, beautifully kept communal gardens, stairs and a lift, laundry room, residents lounge with regular events if you so wish to participate and parking on a first come basis.
The apartment is conveniently located on the ground floor by the complex entrance door which has a secure entry system. The entrance hall has an airing cupboard and access to the other rooms.
The living room is bright and airy with a private door from the communal gardens, fireplace with electric fire and archway into the kitchen.
The kitchen has an array of wall and base units with a roll top surface, integrated fridge/freezer, electric hob and oven, sink/drainer and window to side.
The property has two good sized bedrooms with windows and emergency pull cords.
The bathroom has been tastefully modernised in recent years to include a shower cubicle, low level wc, vanity wash hand basin and is partly tiled.
Situation - Shaftesbury Shaftesbury is an ancient Saxon hilltop town enjoying superb views over the surrounding countryside.
It has a good range of facilities including supermarkets, theatre, banks, schools, cafes, inns, restaurants, small hospital, dentists, health centre, Churches, and shops including High Street names such as Boots, W H Smiths, Superdrug, and Costa.
There are local bus and long distance coach services, Gillingham about 5 miles away, has a main line railway station on the Exeter / Waterloo line.
The A303 is approximately 7 miles to the north giving access to the South-West and to London.
The cathedral city of Salisbury is approximately 22 miles, and the Dorset Coast is approximately 35 miles away. Additional Information Services: Mains Water, Electricity & Drainage.
Council Authority: Dorset Council.
Council Tax Band: B Caution: Nb All services and fittings mentioned in these particulars have not been tested and hence we cannot confirm that they are in working order.
Energy Performance Certificate: E Maintenance Charge: £4,251.74 p/a including buildings insurance, water rates and communal electric. Ground Rent: £441.62 p/a Lease: 99 years from 1983.
(56 years remaining)
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 44, Homefarris House, Bleke Street, Shaftesbury
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