1-bedroom house · BH15 1XY
Listing removedListed 639 days
Opportunity summary
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About
Grace Darling House is a retirement development for the over 60s in a fabulous location, moments from the harbour and Baiter Park.
Flat 17 is a first floor one bedroom flat with updated kitchen and shower room and enjoys a lovely westerly aspect with views out to the gardens.
The flat has double glazing, electric heating and is sold vacant with no forward chain. Grace Darling House contains 28 flats, set over 3 floors and was built in 1989.
Facilities include a first floor lounge, laundry, guest suite, part time house manager and attractive communal gardens.
There are well kept communal hallways, a passenger lift, Careline alarm services and is 200 meters to the local bus stop.
• One bedroom, first floor flat in a retirement development for the over 60s built in 1989 • Positioned to the rear of the building with views out to the communal gardens and area of greenery beyond • Modern kitchen with cream shaker style units and wood effect work tops over and integrated oven, electric hob and extractor, freestanding fridge/freezer • Attractive fully tiled bathroom with walk in double shower, wc, and wash basin fitted into vanity unit • Main bedroom having built in double wardrobe with sliding doors and a range of fitted furniture to include corner dressing table, bedside tables, wardrobes and over bed storage • The flat has been updated internally, however would benefit from new carpets • Double glazing and electric slimline heaters • Entryphone system and passenger lifts to all floors • The development has a communal guest lounge, laundry room, guest suite, communal gardens, Careline and a part time house manager • Communal parking on Vallis Close and Green Road • Communal garage for mobility scooters • Pets allowed with permission Set in a very convenient location being 200m from the harbourside the property is within a short walk of Poole Town Centre and the train station which are approximately half a mile away and just over 500m from Poole Quay.
The local bus stop is 200 m away. Poole Park is approximately half a mile away and Whitecliff Harbourside Park is just under a mile away, ideal for walking and enjoying the coastal scenery.
Lease: 99 years from 1986 with 65 years remaining Maintenance: Approximately £3066 per annum Ground Rent: COUNCIL TAX BAND: A EPC RATING: D
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
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FAQ
About 9 Vallis Close, Baiter Park, Poole, BH15
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