1-bedroom flat · BH25 5XH
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer as A 'chain free' sale, this first floor studio apartment, situated on the fringes of the ever popular chatsworth park development. Benefits include its own front door I.E.
Not communal entrance, and an allocated off road parking space adjoining. Affordable first home or buy to let.
Accommodation: An outside staircase leads to this flat's front door which opens to the open plan living space i.e. Lounge plus fold down bed and adjoining kitchen area. There is then also a bathroom.
Electric heating.
Outside: This flat has the benefit of an allocated off road parking bay right in front of the property which is obviously very convenient as often flats only have parking on a first come first served basis.
Note: The flat has 952 years remaining on its original 999 year lease i.e. Until 2979. It is our understanding that it may also have a share of freehold although this needs to be confirmed.
There is certainly no formal ground rent payable nor indeed a formal maintenance charge as there are no communal areas, but there is obviously a responsibility to maintain the building and this is shared with other adjoining owners.
In practical terms this is therefore an inexpensive flat to run, although of course annual buildings insurance has to be paid for but this is the only fixed outgoing other than obviously utility bills and council tax.
Pet policy, it is our understanding that a well behaved pet would be fine. Council tax band: A
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
FAQ
About 19, Buckingham Walk, New Milton
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