2-bedroom flat · BH15 3LX
Listing removedReduced £50 (−4.3%) on 20 AugListed 78 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity to acquire this well-presented first-floor apartment, ideally positioned within a sought-after development in the ever-popular area of Oakdale, Poole.
Accessed via a secure communal entrance, the apartment opens into a welcoming hallway with excellent built-in storage.
The bright and spacious lounge benefits from a Juliet balcony, allowing for an abundance of natural light and providing an ideal space for both relaxing and entertaining.
The adjoining kitchen is well-equipped, offering ample worktop and storage space along with room for essential appliances.
The accommodation further comprises two well-proportioned bedrooms and a modern bathroom, finished in neutral tones and complete with a shower over the bath.
Additional benefits include double glazing, gas central heating, generous internal storage, and allocated off-road parking.
Residents also enjoy access to well-maintained communal gardens and ample visitor parking.
Conveniently located, the property is within easy reach of local shops, amenities, and transport links, with Poole Town Centre, the mainline train station, and the stunning harbour and coastline all just a short drive away.
Lease Information The lease currently has approximately 74 years remaining; however, the residents are in the process of negotiating the purchase of the freehold.
Should this not proceed, the lease will be extended to 99 years upon completion. Lease Notes Subletting allowed Pets are not allowed Parking - Allocated parking
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Oakdale Road, Elm Grange, BH15
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