1-bedroom house · BH12 3DB
For saleListed 26 days
Opportunity summary
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About
RETIREMENT APARTMENT. £62,500 Leahold. New to the market is this Ground Floor apartment located just off the Ashley Road, Parkstone, Poole.
It has a modern fitted white kitchen just off the lounge with oven, hob, space and plumbing for dishwasher, built in microwave.
A good size lounge with patio doors leading out to a patio area and communal gardens. Double bedroom with built in wardrobes. There is a wet room with wc, shower and sink, tiled walls.
Built in hall cupboard for storage and with emersiona tank inside. Outside there is communal parking and gardens for residents use.
Residents can also have full use of the communal lounge and laudry room. Offered with NO FORWARD CHAIN. Low lease remaining to be confirmed.
Front Door And Entrance Hall - Communal entrance leading to flat front door. Wooden door leading into entrance hall. White ceiling, emulsion painted walls and fitted carpet. Ceiling lighting.
Built in cupboard with water heating tank inside and shelving. Doors to bedroom, lounge and shower room. Pull emergency cord and panic button. Light switch.
Lounge - 5.33 x 3.29 (17'5" x 10'9") - Door leading from the entrance hall into this good size lounge. White ceiling, emulsion painted walls and fitted carpet. 2 Wall mounted lights, Electric Heater.
Double glazed patio doors leading out onto patio sunny aspect. Light siwtches, plug sockets and TV socket. Double doors leading into the kitchen.
Kitchen - 2.16 x 1.64 (7'1" x 5'4") - Two wooden doors leading from the lounge into this modern fitted kitchen. White ceiling, emulsion painted walls and part tiled with lino flooring.
A range of white units with laminate worktops. Space and plumbing for dishwasher. Glass top hob, electric oven and built in microwave. Light switch, fuse switches and plug sockets.
Under worktop lighting. Ceiling lighting. Sink with draoner and mixer tap.
Bedroom - 4.42 x 2.68 (14'6" x 8'9") - Door leading from the entrance hall into this good size double bedroom overlooking communal gardens. White ceiling, emulsion painted walls and fitted carpet.
Ceiling lighting. Electric heater. Light switch and plug sockets. Built in wardorbes with folding doors with shelving and rails inside. Double glazed window.
Shower Room - 2.14 x 1.67 (7'0" x 5'5") - Door leading into this shower room with white ceiling, part tiled and part emulsion painted walls and wet room flooring. Ceiling lighting.
Wall mounted electric shower. Sink with metal fittings. WC with seat and lid and cistern flush.
Patio - Leading from the lounge patio doors lead onto a small sunny aspect patio area with plants and tiled patio. This leads onto the communal gardens for residents use.
Communal Areas - This retirement block has:- Residents lounge and kitchen Communal laudry room. Communal gardens with patio area Communal car park for residents use on a first come first serve basis.
Tenure - The property is LEASEHOLD with years remaining. We are advised it is around 60 years but this is to be confirmed. Management charges:- £3399.36 per annum including building insurance.
Ground Rent: TBC
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
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FAQ
About Upplby Road, Parkstone, Poole
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