1-bedroom flat · BH15 2FY
For saleListed 7 days
Opportunity summary
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About
** communal roof terrace with panaromic views ** no forward chain ** long lease ** Link Homes Estate Agents are delighted to offer for sale this stunning one bedroom top floor apartment situated in the desirable BH14 postcode.
Being sold with no forward chain and benefitting from an array of fine features including a genuine double bedroom offering fitted wardrobes with a mirrored front, a bright and airy open-plan kitchen/living room with integrated appliances, a stylish three-piece bathroom suite, ample storage throughout, a secure storage unit, a long lease and first come first serve parking.
This is a must-view to appreciate the level of accommodation and sociable living this apartment has to offer!
Constructed in 2021, The Observatory is situated in the heart of Poole and benefits from a communal roof terrace with breath-taking views and additional secure storage on the lower ground floor.
Park Road is located next the popular Poole Park which is surrounded by many other local attractions and amenities such as Poole Hospital, Ashley Cross, Poole Shopping Centre, The Bus station, Baiter Park and The Quay which are all within short walking distance from the property.
A short drive away is Bournemouth Town Centre and it's award-winning sandy beaches that go with it.
Parkstone Train Station is just 0.7 miles from the property with connections to the direct line taking you to London Waterloo. A truly great location!
Entrance Hallway Smooth set ceiling, downlights, smoke alarm, sprinkler system, UPVC double glazed floor-to-ceiling window to the front aspect, video entry system, cupboard with consumer unit and rail enclosed, additional cupboard with space for a washer/dryer, water cylinder and power powers enclosed, electric radiator and laminate flooring.
Open Plan Kitchen/Living Room Smooth set ceiling, downlights, air and sprinkler system, smoke alarm, UPVC double glazed floor-to-ceiling windows to the front aspect, electric radiator, wall and base fitted units, integrated longline fridge/freezer, integrated dishwasher, four point induction hob with integrated oven and extractor fan, tiled splash back, power points, stainless steel one and a half bowl sink with drainer, power points, television point and laminate flooring.
Bedroom Smooth set ceiling, downlights, sprinkler system, UPVC double glazed floor-to-ceiling windows to the front aspect, quadruple fitted wardrobes with mirrored front, electric radiator, power points, television point and carpeted flooring.
Bathroom Smooth set ceiling, downlights, extractor fan, panelled bath with overhead waterfall shower and additional shower head, recess shelving with featured lighting, wall mounted sink with under storage, toilet, stainless steel heated towel rail, part tiled and tiled flooring.
Useful Information Tenure: Leasehold Lease Length: Approximately 993 Years Remaining Ground Rent: Peppercorn Service Charge: £1,542.56 per annum which includes buildings insurance, lift maintenance, general maintenance, window cleaning and a sinking fund contribution.
Managing Agents: Lancaster Brooks Rentals are permitted Holiday lets are not permitted Pets are permitted with written consent from the Freeholder.
EPC: E Council Tax Band: B - Approximately £1,866.67 per annum. Lift access to all floors Roof terrace Storage Unit Stamp Duty First Time Buyer: £0 Moving Home: £1,500 Additional Property: £11,500
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 The Observatory, Flat 57, Park Road, Poole
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