6-bedroom house · BH2 5DP
Listing removedListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Block of 4 flats for sale An excellent opportunity to acquire a freehold block of flats situated on St Michaels Road, Bournemouth, offered for sale as a single building with potential to split/expand.
The property is arranged over three floors and comprises four self-contained flats, as follows: Ground Floor: A spacious two-bedroom garden flat, benefitting from direct access to a private garden area.
First Floor: One studio flat and one one-bedroom flat, both well laid out and offering strong rental appeal.
Second Floor: A further one-bedroom flat, along with a large attic space, offering potential for future development or storage (subject to the usual consents).
The building has been well maintained, with three new gas boilers recently installed serving all flats except the studio apartment, which does not have a gas supply.
This provides reassurance regarding recent capital expenditure and ongoing maintenance costs.
The whole building offers considerable scope to enhance value, whether through refurbishment, reconfiguration, or potential future development (STPP).
Its central Bournemouth location ensures continued demand from both tenants and owneroccupiers, with easy access to the town centre, transport links, and local amenities.
This is a rare opportunity to purchase a complete residential block in a soughtafter Bournemouth location, ideal for investors seeking a stable income with future growth potential.
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
FAQ
About Flat 1-4, 31, St. Michaels Road, Dorset
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