Studio flat · BH2 5PH
For saleReduced £10k (−7.7%) on 21 AugListed 145 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cliff top & beaches on your doorstep - this impressive studio apartment is beautifully presented and ready to move into. A perfect first home or buy to let.
Property Description The property is a beautifully presented, elevated ground floor apartment located just moments from the West Cliff and famous sandy beaches along the coast of Bournemouth.
The town centre is also a short stroll away providing an excellent range of shops and amenities including the BH2 entertainment and leisure centre.
The property would make a lovely home for an owner occupier or traditional assured short hold let.
The accommodation briefly comprises; A well maintained communal area with a security entry system leads into the apartment. Once inside there is an entrance hall.
The open plan area has wood effect flooring throughout. The kitchen offers a range of base and eye level units with a fitted oven and hob. There is space for a washing machine and fridge.
A fitted cupboard houses the hot water cylinder. The current layout provides a spacious open plan configuration however there is potential to alter this and create a separate bedroom area.
The modern shower room is fully tiled with a white suite including wash basin, wc and large shower. Additional Information Council tax - currently exempt - formerly band A. Tenure - Leasehold.
125 years from 29/09/19,120 years remaining.
Ground rent - £250 pa Service charge - £1,526 pa (next years service charge tbc) Disclaimer Hardwick Estate Agents would like to point out that all measurements and indications of plot size set out in these particulars are approximate and are for guidance only.
We have not tested any apparatus, equipment, systems or services etc and cannot confirm that they are in full for eAicient working order or fit for purpose.
No assumption should be made as to compliance with planning consents or current usage.
Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired or not), gas fires or light fitments, or any other fixtures not expressly included form any part of the property being oAered for sale.
Whilst we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact us and we will be happy to confirm the position to you.
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.
Area
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FAQ
About Flat 7, Lancaster Court 113-115, West Hill Road, Bournemouth
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