2-bedroom flat · BH22 9LA
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Chain Free Two Double Bedroom Apartment in Ferndown A spacious, two double bedroom first-floor apartment in a quiet, cul-de-sac location offering no forward chain.
The block benefits from direct, gated access creating a very short walk to Ferndown Town Centre and its array of local shops and amenities.
Upon entering the spacious entrance hall, complete with two large storage cupboards, provides access to all principal accommodation.
The lounge offers a dual aspect with easterly and southerly aspect windows providing ample natural light.
The lounge is an exceptional size and would easily accommodate a variety of furnishings centred around an electric fireplace, as well as room for a dining table and chairs.
The kitchen is a good size, with worktops to three sides and a range of wall and base mounted storage units.
There is an integrated gas hob, oven and overhead extractor fan, with undercounter space for other white goods and space for a tall fridge/freezer.
Bedroom one is a generous double, with ample fitted wardrobes and lots of natural light.
This bedroom is served by a well-appointed en-suite shower room which comprises WC, wide walk-in shower cubicle and wash-hand basin sitting atop a vanity storage unit with mirrored medicine cabinet above.
The second bedroom is also a good-size double and features a deep bay window, perfect to sitting and enjoying the view of the well-maintained communal grounds.
This bedroom is served by the family bathroom consisting of WC, wash-hand basin with fitted storage below, bathtub and towel rail.
The lovely home sits within exceptionally well-kept communal grounds, surrounded by trees and greenery, allowing a quiet and peaceful setting for a prospective buyer.
The property also boasts a garage in a block, allocated parking, and visitor parking bays.
Being presented to the market with no forward chain, loft storage and being pet-friendly, this property is expected to be popular and viewings are highly advised.
Additional Information Tenure: Leasehold - 158 Years from 16th November 2012 (144 Years Remaining) Ground Rent: £0 Service Charge: £2,520 (Annually) Parking: Garage, Allocated Parking and Visitor Parking Utilities: Mains Electricity, Mains Water, Mains Gas, Mains Drainage Heating: Gas Central Heating Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk Council Tax Band: D
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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