2-bedroom flat · DT1 3BP
For saleListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented modern, two bedroom first floor apartment situated in the heart of Poundbury. Introduction The apartment was built in 2013 by renowned local builders cg Fry & Son.
The accommodation throughout includes high ceilings and sash windows affording a good degree of natural light.
The Property On the ground floor, a communal entrance hallway with stairs leads to the first floor. Intercom entry system. The apartment comprises an entrance hall with storage and boiler cupboard.
There is a delightful sitting/dining room with double doors opening to a Juliet balcony with views across Poundbury and beyond.
The kitchen comprises a range of wall and floor-mounted units with worktops over, integrated fridge and freezer, double oven, electric hob, extractor fan, dishwasher and washer/dryer.
The accommodation includes two double bedrooms together with a family bathroom with WC, wash hand basin and bath with shower screen and shower over the bath.
Outside The apartment has a allocated parking space for one car and communal bin storage area at the rear of the building.
Situation The property is situated in a convenient location close to the stylish Buttermarket and also within walking distance of Queen Mother Square, which provides a good range of amenities including Waitrose, a public house, Luxury Monart Spa, butcher, gallery, coffee houses, opticians, restaurants and a garden centre.
Across the Poundbury development, there are a variety of boutiques, a post office, veterinary practice, dental surgeries, doctors’ surgeries, and Damers First School, along with a number of specialist outlets.
The 'outstanding' Thomas Hardye School is a few minutes away. Directions What3words///mega.boast.wolf Services Mains electric, water and drainage. Nibe boiler.
Underfloor electric Nibe heat pump air source. West Dorset District Council Tel: Council Tax B Broadband-Ultrafast broadband is available.
Mobile phone coverage- Network coverage is likely both indoors and out (Information from ) Material Information Manco Charge We are advised that there is a sum of £225 per annum payable to the Poundbury Estate.
Lease Details 250 year lease from June 2013. We are advised by the vendor that there are 237 years remaining on the lease. Service charge - £1,200 per annum.
Foxes Property Management Company, Bournemouth. Ground rent - £204.00 per annum. Photos taken in 2023.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
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