2-bedroom flat · BH22 9AH
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superbly positioned and immaculately presented two double bedroom first floor apartment has its own private entrance, single garage and a Share of Freehold.
This light and spacious apartment is conveniently located approximately 650 metres from Ferndown town centre and now comes to the market offered with no onward chain.
• A two double bedroom first floor apartment with its own private entrance, single garage and Share of Freehold • Private entrance leads into the entrance hall, useful understairs cupboard and stairs rising to the spacious first floor accommodation • First floor landing with wardrobe/coat cupboard, store/linen cupboard with radiator, loft hatch giving access to an easily accessible loft storage space • Generous sized lounge/dining room with ample space for dining table and chairs in the dining area and a picture window in the lounge area offering a pleasant outlook over the communal gardens • Modern kitchen incorporating ample rolltop worksurfaces with a good range of base and wall units, integrated oven, hob and extractor, recess and plumbing for washing machine, recess for fridge freezer, cupboard housing a wall mounted gas fired combi boiler • Bedroom one is a large 15’ double bedroom • Bedroom two is also a double bedroom • Spacious and modern family bathroom finished in a white suite incorporating a panelled bath with mixer taps and shower hose, WC, wash hand basin with vanity storage beneath • All residents have the use of the beautifully kept communal garden • The property is conveyed with a single garage which is located in a nearby block with a designated parking space in front of the garage and an area designated for visitors parking • Further benefits include an integrated air circulating system, double glazing, a gas fired heating system and the property now comes to the market offered with no onward chain Ferndown offers an excellent range of shopping, leisure and recreational facilities.
Lease: 999 year lease from 1978 Service Charges: Currently £647.00 every 6 months council tax band: B EPC rating: C agents notes: The heating system, mains and appliances have not been tested by Hearnes Estate Agents.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive.
Whilst reasonable endeavours have been made to ensure that the information in our sales particulars are as accurate as possible, this information has been provided for us by the seller and is not guaranteed.
Any intending buyer should not rely on the information we have supplied and should satisfy themselves by inspection, searches, enquiries and survey as to the correctness of each statement before making a financial or legal commitment.
We have not checked the legal documentation to verify the legal status, including the leased term and ground rent and escalation of ground rent of the property (where applicable).
A buyer must not rely upon the information provided until it has been verified by their own solicitors.
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 Forest Edge, Ringwood Road, Ferndown
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