2-bedroom flat · BH10 6AD
For saleListed 81 days
Opportunity summary
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About
HOUSE & SON A Spacious Two-Bedroom Apartment with a 932-Year Lease, Zero Ground Rent & No Forward Chain House & Son are delighted to offer for sale this spacious and well-presented two-bedroom apartment, occupying a popular position within the sought-after Magnolia House development on Redhill Drive.
Offered with no forward chain, an impressive 932-year lease, zero ground rent, and an annual service charge of approximately £1,400, this is a fantastic opportunity for first-time buyers, investors or those looking to downsize.
The apartment enjoys well-proportioned accommodation throughout, beginning with a welcoming entrance hall with useful storage.
The generous lounge/dining room measures approximately 17'6" x 12' (5.3m x 3.7m), providing an excellent living and entertaining space with plenty of room for both lounge and dining furniture.
The kitchen is particularly well presented, fitted with a comprehensive range of modern units, ample worktop space and integrated storage, making it both practical and attractive for everyday living.
The principal bedroom is another standout feature, measuring approximately 17'6" x 12' (5.3m x 3.7m) and offering excellent space for wardrobes and additional furniture.
The second bedroom measures 9'5" x 8' (2.9m x 2.5m), making it ideal as a guest room, child's bedroom or home office.
The contemporary bathroom is equally well presented, finished in a modern style and ready for immediate use without the need for improvement.
Magnolia House is conveniently situated within easy reach of the shops, cafés and amenities of Winton and Moordown, while Bournemouth Town Centre is only a short drive away.
Excellent public transport links, Bournemouth Railway Station and the Wessex Way provide easy access across Bournemouth, Poole and beyond.
Redhill Park and Slades Farm are also nearby, offering acres of open green space, leisure facilities and scenic walks.
With its generous accommodation, modern kitchen and bathroom, exceptionally long lease, zero ground rent and no forward chain, this apartment represents an excellent opportunity to acquire a home that is ready to move into whilst offering outstanding long-term value.
Magnolia House enjoys a convenient position on Redhill Drive, ideally placed for a wide range of local amenities.
The nearby areas of Moordown and Winton offer an excellent selection of shops, cafés, supermarkets and everyday facilities, whilst Castlepoint Shopping Centre is also within easy reach for a wider choice of retail outlets, restaurants and leisure facilities.
For those who enjoy the outdoors, Redhill Park and Slades Farm provide attractive open spaces, sports facilities, children's play areas and pleasant walking routes.
The property is also well positioned for access to Bournemouth Town Centre, with its extensive range of shops, restaurants, bars, award-winning beaches and coastal attractions.
Excellent transport connections are available nearby, including regular bus services, easy access to the Wessex Way and Bournemouth Railway Station, providing convenient links towards Poole, Christchurch, Southampton and beyond.
The area is also well served by a number of well-regarded local schools, making this an appealing choice for a wide range of buyers. Early viewing is highly recommended.
DISCLAIMER Please note that while every effort is made to ensure the accuracy of the information provided, errors and omissions can occasionally occur.
The details supplied regarding lease terms are based on information obtained from the Land Registry and other relevant sources at the time of review.
Any building alterations, consents, or planning permissions relating to the property have not been verified by House & Son.
Verification of such matters, as well as confirmation of lease details and any other legal documentation, should be undertaken by the purchaser's or purchaser's legal representative prior to reliance or completion of any transaction.
House & Son accepts no liability for any loss or inconvenience arising from reliance on information provided in error, save as otherwise required by law.
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.
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