1-bedroom flat · BH15 1UJ
For saleReduced £6k (−7.1%) on 9 JulListed 344 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom third floor retirement apartment Homedene House was constructed by McCarthy & Stone (Developments) Ltd and comprises 55 properties arranged over 4 floors each served by lift.
The development is conveniently located for Poole town centre. The House Manager can be contacted from various points within each property in the case of an emergency.
For periods when the House Manager is off duty there is a 24 hour emergency Careline response system. Each property comprises an entrance hall, lounge, kitchen, one bedroom and bathroom.
It is a condition of purchase that residents be over the age of 55 years. Please speak to our Property Consultant if you require information regarding event fees that may apply to this property.
Accommodation Front door leads to the Entrance Hall Illuminated light switch. Power point. Ceiling light. Coved and artex ceiling.
Airing cupboard housing the insulated hot water cylinder with fitted electric immersion heater and electric meters.
From the Entrance Hall a door leads to the Living Room Fire surround with hearth and coal effect electric fire. Power points. TV aerial point. Wall lights. Emergency pull cord.
Coved and artex ceiling. Telephone point. Kitchen Partly tiled and fitted with stainless steel sink unit, a range of wall and floor cupboards. Fitted electric oven, hob and extractor hood.
Space for fridge/freezer. Power points. Bedroom Built in wardrobe. Illuminated light switch. Power points. Emergency intercom. Wall light. Coved and artex ceiling.
Bathroom Partly tiled and fitted with suite comprising shower unit with emergency pull cord. WC with low level flush. Vanity Unit. Heated towel rail. Extractor fan. Electric wall heater.
Coved and artex ceiling.
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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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
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FAQ
About 46, Homedene House, Poole
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