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See how verdicts work1-bedroom flat · BH24 1FA
For saleListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and incrediblyh stylish, one-bedroom top apartment with the benefit of a share of the freehold, ideally situated in a quiet residential position within Charing Close, with a pleasant wooded outlook to the rear..
The property offers bright & well-planned accommodation throughout, beginning with a light & airy living room that provides ample space for both relaxing and dining. The recently refitted.
Contemporary style kitchen, has been thoughtfully designed with modern units, tiled splashbacks and integrated appliances includung an oven, hob, fridge freezer and dishwasher, with a rear aspect window enjoying a lovely, elevated wooded view.
The bedroom is a good size double, offering comfortable accommodation, and is complemented by a modern fitted shower room finished in a clean, modern style.
This delightful property further benefits from low maintenace costs, useful built-in storage, double glazing and efficient, individually controlled electric heaters.
Externally, the property benefits from allocated parking, visitor parking and a communal entrance with intercom system, providing both convenience and security.
Charing Close is conveniently located close to Ringwood town centre, offering easy access to a range of local amenities, transport links and nearby countryside.
This property would make an excellent first-time purchase or investment opportunity, and viewing is highly recommended.
Maintenance £1077 a year Ground Rent: N/a Lease 125 years from July 1993 (approx 92 years remianing).
The property is being sold with a share in the freehold and the current residents are in the process of looking to extend the lease to 995 years.
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.
Area
Agent & docs
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FAQ
About 27, Charing Close, RINGWOOD
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