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See how verdicts work2-bedroom flat · BH22 8EJ
Listing removedListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This light, spacious and well maintained, two double bedroom, two bathroom ground floor apartment is positioned in a sought after retirement development for the over 55’s.
Conveniently located approximately 200 metres from ferndown high street and offered to the market with no onward chain.
A welcoming entrance hall leads into the generous dual-aspect living and dining room, creating a bright and inviting space.
An attractive electric fireplace provides a focal point, while double doors open onto a private patio which leads to well-maintained communal gardens.
The fitted kitchen is well equipped with a double oven, dishwasher, washing machine, and fridge/freezer, the principal bedroom is a spacious double featuring built-in wardrobes and an en-suite bathroom fitted with a bath and overhead shower, hand basin, and WC.
The second bedroom is also a well-proportioned double and is served by a separate shower room with a walk-in shower, hand basin, and WC. The apartment benefits from excellent storage throughout.
Externally, residents and visitors have access to off-road parking and the private patio provides an ideal spot to enjoy warmer weather and opens directly onto the communal gardens.
Constructed in 2000, this well-regarded development offers a range of facilities designed for comfortable retirement living, including a lift, visiting management staff, a community alarm system, and a communal residents' lounge.
Location: Positioned in a sought after and convenient location walking distance of Ferndown town centre, and close to a range of amenities including an M&S Foodhall.
There are bus routes within a short walk giving you easy access to Bournemouth, Poole and Wimborne, all of which have an excellent range of shops, bars, restaurants and leisure facilities.
Award winning sandy beaches are just twenty minutes away and the A31 provides quick access to the New Forest, Southampton, London and beyond for the commuter by car.
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 Flat 3, Pegasus Lodge, 345, New Road, Dorset
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