1-bedroom flat · BH8 8LF
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcomed to the market is this one double bedroom retirement flat with a tenant in situ.
Consisting of 44 flats in the development, and built in 1978, Homeleigh House offers retirement living for the over 55's.
Non-resident management staff operate from Monday to Friday, Lift service to all floors, Communal Lounge and Kitchen, Laundry Room, Guest facilities, and Gardens.
Weekly Social activities include: coffee mornings, organised by residents.
Upon entry to the development, there is off street parking on a first come first serve basis, communal grounds and semi covered area for mobility scooters, with electric charging points.
The communal hallway leads us to all properties and facilities in the building. There is a phone entry system for added security, and building manager on site Monday to Friday.
Access to all floors is facilitated by the building lift and stairs.
The property comprises of a double bedroom with built in wardrobe, good size bathroom with full size bathtub, W/C, and Hand Wash Basin.
The bathroom is partially tiled and has a vinyl floor for easy maintenance. The lounge is a nice space to relax in and enjoy the peace and quiet of the location and is attached to the kitchen.
The kitchen offers space for the fridge freezer, oven, hob, sink and cupboard space. Currently there is a tenant in situ until June 26 and the property has a rental yield 10.9%.
Access to and from the development is very easy, with a bus stop 50 yards away from the property. there is an emergency red cord service in the flat, and an after care service out of hours.
Buy-to-let Investor Information This property is an attractive buy-to-let investment in Bournemouth, a high-demand rental market with strong tenant interest from professionals, families and students.
Bournemouth offers excellent transport connections alongside thriving business and education sectors, producing consistent occupancy and competitive rental returns for landlords.
Martin & Co have extensive experience supporting landlords in the Bournemouth market and can advise on expected rental income, yield forecasts and long-term investment performance for those seeking a reliable property in a proven rental market.
Contact our team to discuss your next investment.
Potential Rental Figure: £730 PCM Potential Gross Yield: 10.9% Agent's notes: Tenure - Leasehold Lease length - 92 Years Service charge £3162.00 per annum Ground Rent - £150 per annum Estimated Rental Income: £700 pcm (9.49% yield) All mains are connected.
1.
Money laundering regulations: intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: while we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: these approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. 4.
Services: please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither Martin and Co Bournemouth limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Wellington Road, Bournemouth
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