2-bedroom flat · BH15 3EB
For saleReduced £5k (−2.5%) on 19 OctListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New instruction! A spacious and well-presented two double bedroom ground floor apartment, ideally situated within easy reach of Poole town centre.
Accessed via a secure entry system, the communal entrance leads to the apartment's front door, which opens into a generous hallway featuring a large walk-in storage cupboard.
The accommodation includes a bright and spacious dual-aspect lounge/dining room, benefiting from a front-facing bay window overlooking the communal grounds, together with a rear-facing double-glazed window allowing plenty of natural light throughout.
The fitted kitchen comprises a range of wall and base units, with space for a cooker and extractor hood above, as well as plumbing and space for a washing machine and additional space for a fridge/freezer.
The modern style bathroom is fitted with a modern white suite, including a bath with shower over and glass shower screen, vanity unit with inset wash hand basin, and WC.
The room is fully tiled and benefits from two frosted double-glazed side-aspect windows. Both bedrooms are well-proportioned doubles, each featuring front-aspect double-glazed windows.
Externally, residents can enjoy attractive communal grounds with well-maintained lawns, mature shrubs, and flower beds. Resident parking is available on a first-come, first-served basis.
The property is offered leasehold with approximately 87 years remaining on the lease.
The current service charge and ground rent total approximately £76 per calendar month, which includes a contribution towards buildings insurance. An ideal first-time purchase.
Internal viewing highly recommended. Call now to view.
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 57, Simmonds Close, Dorset
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