1-bedroom house · BH2 5JP
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brown and Kay are delighted to market this well presented retirement apartment ideally located between Westbourne and Bournemouth.
This lovely home enjoys a desirable top floor position and internally offers a more than generous lounge which leads through to a well fitted kitchen, there is also a good size bedroom, and a shower room.
The property also benefits from having been redecorated and newly fitted carpets and with no onward chain this property would make an excellent property choice for someone looking for retirement living.
Palermo Court is ideally located in this popular spot well positioned to take advantage of all the area has to offer, including bus stops within a stones throw.
In one direction you will find the larger town centre of Bournemouth which offers a varied range of shopping facilities, and the other way you will find the village of Westbourne with more of a community feel and an abundance of cafe bars, independent shops and restaurants as well as the usual high street names such as Marks and Spencer food hall.
There are also miles upon miles of golden sandy shores with impressive promenade stretching from Sandbanks through to Southbourne and beyond, and main line train stations located at both Bournemouth and Branksome, with links to London Waterloo.
Tenure - Leasehold Length of Lease - 125 years from 1st October 1988, 87 years remaining Service Charge - £1,283.26 per half year (£2,566.52 per annum) Ground Rent - £274.33 per half year (£5,48.66 per annum) Management Agent - ELM Group Limited Parking - Residents parking (unallocated) Utilities - Mains Electricity and Water Drainage - Mains Drainage Broadband - Refer to Ofcom website Mobile Signal - Refer to Ofcom website Council Tax - Band C EPC Rating - C
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.
Area
Agent & docs
FAQ
About Durley Chine Road, Bournemouth, BH2
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