Modern Method of Auction
Auction date not yet published
1-bedroom bungalow · PO20 3AD
For saleListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Chain Free Sale** A BRIGHT and SPACIOUS retirement bungalow, situated in a PEACEFUL DEVELOPMENT with around 3.5 ACRES OF COMMUNAL GARDENS.
Features include a BRIGHT SITTING ROOM WITH PATIO DOORS, PRIVATE PATIO, FITTED KITCHEN, DOUBLE BEDROOM WITH WARDROBES and MODERN WET ROOM.
Claremont Gardens is a bright and spacious retirement bungalow benefiting from underfloor heating throughout and being offered for sale with no onward chain.
Situated within a well-maintained development, the property offers comfortable, easy-to-manage accommodation in an attractive and peaceful setting.
The accommodation briefly comprises an entrance hall, a sitting room with patio doors opening onto a private patio area and the communal gardens, a separate modern fitted kitchen, a double bedroom with built-in wardrobes, and a modern fitted shower/wet room with WC.
Outside, the property enjoys a private patio with an attractive outlook and direct access to the beautifully landscaped communal gardens, which extend to approximately 3.5 acres, providing a pleasant environment for relaxation and outdoor enjoyment.
The development benefits from having the following: Residents conservatory/lounge, subsidised on-site restaurant, guest bedroom suite available to hire, shared laundry facilities, weekly hairdresser, weekly vegetable deliveries and courtesy bus to Tesco.
Ground rent: £175 every six months (£350 per annum), payable to Royal Bay Care Homes Ltd.
Service charge: £2,716.20 every six months (comprising management costs of £1,725.83 and energy costs of £990.37), totalling £5,432.40 per annum.
The management company is Claremont Gardens Management (Fontwell) Ltd. Registered office: 31 - 33 Commercial Road, Poole, Dorset, BN14 0HU. Telephone number: .
* The maintenance service charge includes gas, electric and water bills. Maintenance of the property such as window cleaning and landscaping is also included.
* This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.*
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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.
Area
Agent & docs
FAQ
About Fontwell Avenue, Eastergate
Explore nearby