1-bedroom flat · BH23 2FZ
Sold STCListed 218 days
Opportunity summary
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About
An opportunity to purchase a conveniently appointed purpose built ground floor one bed flat with its own private entrance located within 200 metres of local shopping facilities and main route bus services.
The property features full gas fired central heating, triple aspect double glazed living area, fitted kitchen with built-in appliances, recently refurbished shower room, together with private allocated parking.
Ideal investment or first time buy. Sole Agents. Reception Area 21' 4'' x 12' 0'' extending to 12'2 (6.50m x 3.65m) Living Area: Triple aspect room with light Oak effect laminate flooring.
Five double glazed casement windows providing an attractive south westerly aspect. Two radiators. Multiple power points. TV aerial point.
Open to Kitchen Area: Modern flat fronted kitchen comprising a single inset drainer sink with mixer tap set within round edge working surface. Cupboard under.
Space adjacent with plumbing for washing machine, utility cupboard housing GlowWorm gas fired boiler. Stainless steel four ring gas hob with matching electric oven under.
Feature stainless steel extractor above. Further range of base units to either side comprising cupboard and drawers with similar round edge working surface over. Modern tiled splashback.
Integrated dishwasher (non-operational) wall hung storage cupboard with shelving. Range of inset spotlights. Space for upright fridge freezer. Light Oak effect laminate flooring.
Bedroom One 14' 2'' x 9' 5'' (4.31m x 2.87m) Double glazed casement window, westerly aspect. Radiator. Power points. TV aerial point. Shower Room Fully tiled.
Modern contemporary style suite comprising: Walk-in shower with thermostatic shower bar, double headed shower. Low level WC, display over. Vanity unit adjacent with mixer tap, cupboard under.
Wall mounted mirror fronted medicine cabinet. Heated towel rail. Vinyl flooring. Inset spotlights. Extractor. Outside Allocated parking space. There is also a communal bike store and bin area.
Communal grounds. Lease Details Lease: We understand the lease is 125 years from 1.1.2012 (112ys) Service Charge: £1,486 PA Ground Rent: £200 PA Council Tax Band B EPC Band C
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.
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