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See how verdicts work2-bedroom flat · BH19 1AN
Under offerListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious second floor apartment is situated in a Victorian block conveniently located in an excellent level position approximately 250 metres from the beach and some 500 metres from the main shopping thoroughfare and Steam Railway.
Richmond Lodge was originally constructed around the turn of the 20th Century and converted into flats in more recent times.
5 Richmond Lodge has the offers well presented accommodation with the advantage of a good sized living room with wide bay window giving views across the recreation ground to Swanage Bay, the Pier and Peveril Point in the distance.
It also has the benefit of allocated parking. Swanage lies at the Eastern tip of the Isle of Purbeck delightfully situated between the Purbeck Hills.
It has a fine, safe, sandy beach, and is an attractive mixture of old stone cottages and more modern properties, all of which blend in well with the peaceful surroundings.
To the South is Durlston Country Park renowned for being the gateway to the Jurassic Coast and World Heritage Coastline.
The entrance hall welcomes you to this modern apartment and leads to the good sized South facing living room with large bay window giving views of Swanage Bay to The Pier and Peveril Point.
The kitchen is fitted with a range of light wood effect units, contrasting worktops, and a range of integrated appliances.
Living Room 4.24m max x 3.44m (13'11" max x 11'4") Kitchen 2.68m x 1.98m (8'10" x 6'6") The large double bedroom is West facing and is situated at the rear of the property.
There is a good sized study which is ideal for home working or as an occasional bedroom.
The bathroom is fitted with a modern white suite including bath with shower over, and completes the accommodation.
Bedroom 1 4.07m x 3.41m (13'4" x 11'2") Study 3.15m x 1.64m (10'4" x 5'4") Bathroom 2.74m x 1.45m (9' x 4'9") Outside, the apartment has the benefit of communal grounds which are partially lawned with shrub borders.
An allocated parking space is located at the front of the building and accessed from De Moulham Road. Tenure Shared Freehold.
Currently a 99 year lease from 24 June 1975 however the seller is in the process of extending this to 999 years. Shared maintenance charge of £1,176 per annum.
All lettings are permitted, pets are not. Council tax Band B - £2,091.79 for 2025/2026. Viewing By appointment only through the Sole Agents, Corbens, .
The postcode for this property is BH19 1AN Property Ref VIC1964
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 5 Richmond Lodge, Victoria Avenue, Swanage
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