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See how verdicts work3-bedroom flat · DT1 3AF
Listing removedReduced £10k (−3.8%) on 20 JunListed 602 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain is this three bedroom, second-floor apartment, situated in the desirable development of Poundbury and within an area of outstanding natural beauty.
Further accommodation includes a large sitting room, kitchen/diner and bathroom. The home is also accompanied by a parking space. EPC rating D.
Situation Poundbury is an urban development of the County Town of Dorchester and is King Charles iii’s vision for the development of new communities in the 21st century.
It is designed to be a sustainable development where it is possible to meet a higher proportion of daily needs on foot, rather than relying upon a car.
Within walking distance to the property there are a plethora of amenities including The Duchess of Cornwall Hotel and Restaurant and an ever-growing range of bistros, coffee shops, beauty salons, shops, hairdressers, dentists, medical centre, garden centre and the highly regarded Damers First School.
The Great Field is a short walk away and offers a wonderful open space and play area.
In the Queen Mother Square there is a A Monart luxury spa within the Royal Pavilion, a Waitrose, Brace of Butchers and the Dorset Wine Co, while the Dorset County Hospital is also nearby.
Accommodation Entrance An entrance door leads to the property's hallway with two cupboards offered, one housing the water tank and the other housing the electrics.
Access is granted to the majority of rooms. Sitting Room The sitting room is a real feature of the home, with sizeable dimensions and natural light flooding the space.
An opening leads to the kitchen/diner. Kitchen/Diner Dining space is provided in the kitchen and there is tile-effect flooring throughout.
The kitchen space itself is fitted with a range of white wall and base level units with worksurfaces over and tiled splashback.
Integral appliances include am AEG double oven and electric four-ring hob with extractor hood above. Space is allocated for additional appliances.
Bedrooms All bedrooms are a good-size and bedrooms one and two have been recently re-carpeted. The free-standing wardrobes will stay.
Bathroom The bathroom has been furnished with a suite consisting of a p-shaped panel enclosed bath with part shower screen and shower attachment, WC and wash hand basin.
Agents Notes Lease length - 250 years from 01.01.2010. Service charge - Half yearly charge of £878.09. We are advised the ground rent is included in this figure.
There is an annual Manco charge with charges varying between £225 and £315 dependent upon location.
For further information on Poundbury including covenants and stipulations, please visit Flood Risk Surface water – Very low risk. Rivers and the sea - Very low risk.
Please check the website for the most current rating. Services Mains electricity, water and drainage are connected. Electric fired central heating.
Local Authorities Dorset Council County Hall Colliton Park Dorchester Dorset DT1 1XJ Tel: We are advised that the council tax band is C.
Viewings Strictly by appointment with the sole agents: Parkers Property Consultants and Valuers Tel: Stamp Duty Stamp duty is likely to be payable on this property dependent upon your circumstance.
Please visit the below website to check this.
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.
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FAQ
About 4, Harewood Court, Poundbury
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