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See how verdicts work1-bedroom flat · BH23 1PF
For saleListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ONE BEDROOM RETIREMENT APARTMENT is situated in a popular block close to CHRISTCHURCH TOWN CENTRE.
The property enjoys a PLEASANT VIEW over the COMMUNAL GARDENS and is sold with the benefit of NO ONWARD CHAIN.
32 Homestour House is an opportunity to purchase a retirement flat in Central Christchurch.
There are a number of amenities associated with this type of retirement property with delightful communal grounds, communal residents' lounge, laundry room and a lift to all floors.
The property is also conveniently situated for nearby doctors' surgery and there are many bus routes to Bournemouth and beyond.
Christchurch boasts an historic 11th Century Priory, Town Quay, shopping facilities and an excellent variety of cafes, bars and restaurants. Also nearby is a mainline rail link to London, Waterloo.
The main entrance for the block is situated in Riverdale Lane and there is a communal door with a security entryphone system.
Once inside the ground floor gives access to the residents' lounge, laundry and the House Manager's office. A lift and stairs lead to the first floor where Flat 32 can be found.
The front door leads into the entrance hall. The lounge is of a good size and enjoys a pleasant view over the communal gardens. There is also an airing/storage cupboard.
An archway leads into the kitchen which has a range of base and eye level units with spaces for appliances. The double bedroom benefits from a built in wardrobe with sliding doors.
A window overlooks the communal gardens. The shower room has a suite comprising wc, wash hand basin and shower unit.
Outside, the residents' lounge gives access to the very well-kept communal grounds which are for residents to use. TENURE: LEASEHOLD.
We understand that there is a 125 year lease from February 1988 with a ground rent of £495pa and a service charge of £4900pa. COUNCIL TAX BAND: B
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
FAQ
About Barrack Road, Christchurch, Dorset, BH23
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