We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · BH22 9DB
For saleListed 856 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Homelands House is a retirement development for residents over the age of 60 providing a 24 Hour Careline Response system, residents lounge, laundry room and guest suites.
The apartment is situated on the first floor accessed via a security entry phone with communal lift system to all floors.
• One bedroom retirement apartment positioned on the first floor and offered with no chain • Entrance hall with storage cupboard • Well proportioned lounge/dining room with electric heater and double glazed window overlooking the grounds and facing due south • Fitted kitchen comprising base and wall units with wood effect worktops, integrated oven and inset electric hob, space for fridge, stainless steel sink unit, tiled splashbacks • One double bedroom with built-in wardrobe • Shower room finished in a modern white suite comprising shower cubicle with electric shower providing instant heated water, low level WC with vanity inset sink unit • Further benefits include; 24 Hour Careline, lift, laundry, two guest suites, conveniently located to bus stop 200 yards; shop 440 yards; post office 600 yards; town centre 440 yards; gp 880 yards; social centre 800 yards.
Ferndown offers an excellent range of shopping, leisure and recreational facilities.
Leasehold: 99 Years from 1984 (58 years remaining) maintenance: £2,283 Per annum ground rent: £424 Per annum council tax band: A EPC rating: B agents notes: The heating system, mains and appliances have not been tested by Hearnes Estate Agents.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive.
Whilst reasonable endeavours have been made to ensure that the information in our sales particulars are as accurate as possible, this information has been provided for us by the seller and is not guaranteed.
Any intending buyer should not rely on the information we have supplied and should satisfy themselves by inspection, searches, enquiries and survey as to the correctness of each statement before making a financial or legal commitment.
We have not checked the legal documentation to verify the legal status, including the leased term and ground rent and escalation of ground rent of the property (where applicable).
A buyer must not rely upon the information provided until it has been verified by their own solicitors.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
.png){kind=logo}
FAQ
About Homelands House, Ringwood Road, Ferndown
Explore nearby
