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See how verdicts work2-bedroom flat · BH24 3FR
Sold STCReduced £10k (−3.8%) on 27 OctListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gordon Barker has the pleasure in offering, FOR SALE, this extremely well presented and spacious 2 double bedroom 2 bathroom 2nd floor apartment in Ringwood SOLD WITH NO CHAIN.
Just a short walk from local pubs, shops, industrial estate and schools the property offers a brilliant location for all possible owners.
You also have Hightown Lakes, Castleman Trailway and The New Forest just on your doorstep.
It is a great opportunity to purchase a large apartment as a first time purchase, a downsize from a house giving you a lock up and go option or even a Buy-To-Let investment with expected returns in excess of £1200 - £1300 pcm in rent.
Access to the building is found at both the front and rear, allowing easy access from the parking area.
The apartment is located on the 2nd floor of a purpose built apartment block, with views over communal parts of the Beaumont Park development.
A development with a number fo great walking spots, children’s play areas and open spaces throughout.
The living room is a spacious, open room with a fitted kitchen all along one wall offering integrated white good such as oven, hob, dishwasher, sink & drainer and fridge / freezer as well as plumbing for a washing machine / tumble dryer in a nearby hallway utility cupboard.
The room is well lit with a bay window, and 2 x roof light windows.
At the other end of the property is a large master double bedroom with built in wardrobes, ensuite shower room and Juliet balcony that also has views over nearby common parts of the development.
The main bathroom shows a large room with bath and shower over bath, toilet and sink as well as heated towel rail.
2nd bedroom is a great sized double room that also benefits from a built in double wardrobes and bay window with views over common area too.
The central ‘L’ shaped hallway gives access to all rooms, as well as the large double hallway store cupboard and utility cupboard that gives home to the washing machine / tumble dryer space.
As expected, this property has mains supplied gas, electric, water and sewage.
It is sold n a LEASEHOLD basis with 143 years remaining on the lease, £200 per annum in Ground Rent and only £1400 per annum for Service Charge. .
Contact Gordon Barker now to book your appointment to view.. Council Tax: Band B, EPC rating: B Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: Low.
refer to gov.uk, check long term flood risk Please note that, although every attempt has been made to ensure the accuracy of details any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive. The heating system, mains and appliances have not been tested by Gordon Barker.
Whilst reasonable endeavours have been made to ensure that the information in our sales particulars are as accurate as possible.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Narrowleaf Drive, Ringwood, Hampshire
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