1-bedroom flat · BH23 1PF
For saleReduced £10k (−9.1%) on 9 OctListed 316 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom ground floor retirement apartment Homestour House was constructed by McCarthy & Stone (Developments) Ltd and comprises 41 properties arranged over 3 floors each served by lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Please speak to our Property Consultant if you require information regarding event fees that may apply to this property. Accommodation Front door to: Entrance Hall Light switch, ceiling light fitting.
Secuirty door entry system. Cupboard with electric water heater, electric meter and storage space.
Living Room With Patio Door Wall light fittings, storage heater, power points, TV aerial point, telephone point and internet point, emergency pull cord.
Patio door leads to small paved patio area and communal gardens. An archway leads to the Kitchen Tiled and fitted with stainless steel sink unit, white wall and floor cupboards with work tops.
Built in electric oven and ceramic hob, extractor hood. Space for fridge/ freezer. Power points. Strip light. Bedroom With Window Built in wardrobe with hanging rail and shelf over. Storage heater.
Wall light fittings, power points, emergency pull cord.
Shower Room Tiled and fitted with suite comprising shower cubicle with fold down seat; emergency pull cord; WC with low level flush; vanity unit; mirror over.
Strip light, extractor fan, wall mounted electric heater.
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 2, Homestour House, Christchurch
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