1-bedroom flat · BH1 1HY
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A VERY SPACIOUS PURPOSE BUILT TOP FLOOR FLAT | STAIRS & LIFT ACCESS | SHORT WALK TO BOURNEMOUTH CENTRE | 21ft7 x 10ft11 LIVING/DINING ROOM | 17ft9 x 9ft11 BEDROOM | SEMI-OPEN PLAN KITCHEN | LARGE FULLY TILED BATHROOM | ELECTRIC HEATING | DOUBLE GLAZED 131 YEARS REMAINING ON HE LEASE * COMMUNAL PARKING ON A FIRST COME BASIS WITH A PARKING PERMIT A communal security controlled entrance has stairs and lift taking you to the top floor level where a private entrance door leads into the hall.
The living/dining room is very spacious and has semi open-plan access to the kitchen which comprises a matching range of wall and floor mounted cupboard units with wooden effect roll edge work tops and tiles surrounds.
Matching peninsular bar. Inset single drainer stainless steel 1.5 bowl sink unit. Integrated electric hob with extractor over and oven under. Space for additional appliances.
The bedroom is huge and as a recessed wardrobe with mirrored sliding doors.
The bathroom is fully tiled to all walls with a white suite comprising wash hand basin, concealed cistern WC and a ‘P’ shaped bath with shower and shower side screen.
There are some communal parking spaces with a parking permit on a first come first served basis. There are garages of various sizes to rent through the managing agent.
These are subject to availability and waiting lists. Tenure: The flat is Leasehold and has the remainder of a 144 year lease that commenced 5th August 2013. Service Charge: £2252.00 per annum.
Ground rent: £350.00 currently per annum. Council tax band B
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.
Area
Agent & docs
FAQ
About Dean Park Road, Bournemouth
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