2-bedroom flat · BH14 0HP
For saleListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two double bedroom, two bathroom, purpose built ground floor apartment with a large southerly facing terrace located in a quiet part of Lower Parkstone and within a short walk of Ashley Cross village.
Pet friendly block subject to permission. Please refer to our floorplan for room measurements. Ribbonwood Hills is set in a quiet location just a short walk from Ashley Cross village.
Apartment 3 can be found on the upper ground floor.
A particular feature of the property is the spacious duel aspect living/dining room with sliding doors leading out onto the large private terrace which enjoys glimpses of Poole Harbour, Brownsea Island and the Purbeck Hills.
The kitchen has a range of fitted cupboards and drawers as well as a range of integrated appliances and a hatch.
The two bedrooms are both really good size doubles with bedroom one benefiting from built in wardrobes with sliding doors and a fully tiled en- suite shower room.
The second bedroom enjoys dual aspect windows and has ample space for bedroom furniture. The family bathroom is fully tiled.
Outside - The well maintained communal gardens can be accessed from the private decking. There is a garaging area accessed via an electric door with an allocated parking space.
A lift leads directly to all floors and additional visitor parking available. Tenure - Leasehold Maintenance - £2700 per annum including water and sewerage. Ground Rent - £TBCper annum.
Pet friendly lease with permission from the residents. Viewings - We show homes Monday to Saturday. Many sellers go to great lengths to prepare for viewings.
Please check out the mapping section of the listing to ensure the property is where you want it to be and the floorplan to ensure it has the accommodation you need.
We appreciate situations can change so if for any reason you need to cancel a viewing please try and give 24 hours’ notice where possible.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
Agent & docs
FAQ
About 3 Ribbonwood Hills, 29, Glen Road, Dorset
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