We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom property · BH20 4QX
For saleReduced £11k (−13.8%) on 27 OctListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
RETIREMENT APARTMENT WITHIN THE HEART OF WAREHAM This first floor retirement apartment is open to residents age 60 years and over.
Situated in the heart of Wareham town centre, being a conversation area, this desirable location has a range of nearby amenities to include; restaurants, shops, cinema, doctors surgery, dentist, supermarket and main railway line to London Waterloo.
The building is accessed via a secure entry phone front door.
Walking through there is a communal residents lounge which is used frequently by the residents, house managers office and lift giving access to all floors.
The apartment is situated on the first floor and can be accessed via the lift or the stairs nearby. An entrance hall with large storage cupboard leads onto the principal rooms.
The spacious sitting room has a pleasant outlook over the communal gardens and leads through to the kitchen via an open archway. The kitchen offers storage cupboards and space for appliances.
The bedroom which is of good size comes with a fitted wardrobe. The bathroom is fitted with a bath with shower over, WC and wash hand basin.
Other features include; electric heating, communal laundry room and guest suite (which can be booked via the House Manager), communal gardens and a casual residents' parking area.
Kitchen 2.26m (7'5) x 1.65m (5'5) Sitting/Dining Room 4.93m (16'2) x 3.22m (10'7) Bedroom 3.93m (12'11) x 2.72m (8'11) Bathroom 2.03m (6'8) x 1.72m (5'8) Additional Information Tenure: Leasehold Lease: 64 Years remaining on lease Ground Rent: £240PA Maintenance April 24 - March 25 £4456.90PA Parking: First Come First Serve Utilities: Electric Heating Mains Water Drainage: Mains Drainage Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to Council Tax Band: A ALL MEASUREMENTS QUOTED ARE APPROX.
AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER.
YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED.
These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
VIEWING Strictly through the vendors agents Goadsby
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
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 advisers 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 Wareham
Explore nearby