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See how verdicts work3-bedroom flat · BH23 1QL
Listing removedReduced £100k (−36.4%) on 20 JunListed 356 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three-bedroom first floor flat in central Christchurch with plot of land at rear A superb opportunity to purchase this three-bedroom apartment with land and detached garage at rear with potential to develop stpp.
Located in central Christchurch with its many shops and restaurants and bars, also being close to the Quamps and the river.
This property benefits from: • A spacious three-bedroom flat in need of modernisation • Detached garage and plot of land • Development potential stpp • Brand new 990-year lease upon completion • Own private entrance • No forward chain Located in Bargates which is a short walk to Christchurch high street with its array of independent shops, restaurants and bars.
Also nearby is Christchurch Quay and harbour and the Quamps with its many events, while families are drawn by the excellent schooling, including Twynham secondary school and sixth form college judged ‘outstanding’ by Ofsted.
Please look at the floorplan for dimensions.
990 years remain on the lease Nil ground rent As and when maintenance Ref 1369 Agents note: We have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order.
The buyer must obtain the necessary verification from their own Solicitor or Surveyor. Items shown in photographs are not necessarily included in the sale.
Room measurements are given for guidance only and should not be relied upon when ordering such items as furniture, appliances or carpets We have been advised that this property is leasehold but have not inspected a copy of the lease and prospective buyers are advised to check the current position and terms through their own solicitor.
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 54, bargates, Christchurch
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