1-bedroom flat · BH8 9DH
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** guide price £210,000 to £230,000 ** A deceptively spacious and very well presented luxury 1st floor apartment with private entrance & private rear garden The accommodation with approximate room sizes comprises of a Private uPVC double glazed side entrance door with frosted glazed panels leading to the entrance hall with coved ceiling, light, convection radiator and tiled floor.
Stairs to First Floor Landing With coved ceiling, light fittings, access to loft space with pull down ladder and useful full height storage cupboard.
Wall thermostat for central heating and radiator within decorative housing. Doors to Living Room With moulded ceiling cornice and inset directional spotlights.
Dado rail and decorative fireplace surround with stone hearth and backplate and fitted ‘Living Flame’ gas fire. Useful storage cabinet within chimney recess and further built in shelving.
Convection radiator, large uPVC double glazed bay window to the front elevation. Kitchen With coved ceiling and inset spotlights.
Two uPVC double glazed windows to the side elevation and an extensive range of high gloss finished matching wall and base level cabinets with wood block effect working surfaces and matching upstands.
Single drainer polycarbonate sink with feature monblock tap over. Four ring ‘Zanussi’ induction hob with extractor hood over and built in eye level microwave oven and single cavity oven.
Integrated dishwasher, space and plumbing for washing machine and space for full height freestanding fridge freezer. Matching cabinet housing the electricity consumer unit and meter. Tiled floor.
Bedroom Having a coved ceiling with central light fitting and further reading lights over the bed area.
Convection radiator within decorative housing and large uPVC double glazed window overlooking the rear garden with further stained and leaded picture windows to the side elevation.
Extensive range of fitted bedroom furniture including two double width wardrobes, a low level dresser unit and draw unit within chimney recess. Plank effect laminate flooring.
Bathroom Having inset LED spotlights, extractor unit and two frosted glazed uPVC windows to the side elevation.
Three quarter tiled walls and recently installed suite comprising of a large walk in shower cubicle with dual shower heads with wall integrated valve.
Close couple WC with dual central flush and period style vanity style sink unit with worktop mounted monoblock tap. Wall lights over sink area. Tile effect flooring.
Outside There is a shared driveway to the front of the property, A pair of wrought iron gates provides access to the extensive private rear garden which is predominantly laid to lawn with flower and shrub borders and fully enclosed by panel fencing.
To the far end there is a raised patio area and a summer house.
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
Agent & docs
FAQ
About 12, Richmond Wood Road, Bournemouth
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