1-bedroom house · BH22 9FE
For saleListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superbly presented McCarthy & Stone purpose built apartment set in communal grounds only 500 yards from the main shopping facilities, doctors and regular bus services.
The apartment has been redecorated with the addition of new carpets, ready for occupation and briefly comprises a double bedroom with built in wardrobe, spacious living/dining room with double glazed door to a southerly aspect balcony, a well proportioned bathroom with convenient walk-in wet shower space and a modern kitchen with space for appliances, panel heaters, security entry phone with 24 hour Tunstall emergency pull cord, double glazing and entrance hall.
• Entrance hall, door to storage cupboard, wall mounted entry system • Kitchen, range of base and wall mounted units with adjacent worktops, integrated oven and inset electric hob, double glazed window • Lounge/dining room, double glazed window and double glazed door to front aspect to the balcony, feature mock fireplace • Bedroom double glazed window, mirror fronted sliding wardrobe door • Bathroom fitted in a modern white suite comprising panelled bath with wash hand basin with vanity unit beneath, WC, fully tiled walls and wet room style shower area Cherrett Court is a Retirement Living Plus development designed specifically for independent living for those aged over the age of 70.
There is a communal lounge, restaurant serving affordable three course daily lunches, guest suite for visiting family and friends and peace of mind provided by the Estate Manager who oversees running of the development.
There is a fully equipped laundry room, mobility scooter store and restaurant.
Additional information and services include broadband availability, mains water and electricity, electric room heating & mains drainage.
Service Charge: includes water rates for communal areas and apartments, electricity heating lighting and power to communal areas, 24 hour emergency call system & building insurance (the service charge does not cover external costs such as your council tax, electricity or TV).
LEASEHOLD: 125 Years from 1st January 2010 GROUND RENT: £435 Per annum GROUND RENT REVIEW: 1st January 2025 COUNCIL TAX BAND: C EPC RATING: C AGENTS NOTES: The heating system, mains and appliances have not been tested by Hearnes Estate Agents.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive.
Whilst reasonable endeavours have been made to ensure that the information in our sales particulars are as accurate as possible, this information has been provided for us by the seller and is not guaranteed.
Any intending buyer should not rely on the information we have supplied and should satisfy themselves by inspection, searches, enquiries and survey as to the correctness of each statement before making a financial or legal commitment.
We have not checked the legal documentation to verify the legal status, including the leased term and ground rent and escalation of ground rent of the property (where applicable).
A buyer must not rely upon the information provided until it has been verified by their own solicitors.
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 advisors 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 Ringwood Road, Ferndown, BH22
Explore nearby