1-bedroom house · BH6 3ND
Sold STCListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built to a high specification in 2012 by Churchill Retirement Living, Dean Lodge occupies a prime position on Southbourne’s sought-after Overcliff, set within beautifully maintained communal grounds and just moments from Southbourne Grove and the area’s award-winning beaches.
Designed exclusively for the over 60s (or over 55 if a partner is over 60), residents benefit from the reassurance of an on-site lodge manager along with excellent communal facilities, including a welcoming owners’ lounge, communal laundry room, guest suite for visiting family and friends, and a wellness suite.
This ground floor apartment is presented in pristine condition and feels as fresh as the day it was built.
A private entrance hallway welcomes you in and features a generous storage cupboard along with doors leading to all principal rooms.
The bright and spacious lounge/dining room enjoys a door opening onto a terrace with direct access to the secure communal garden, providing a pleasant and peaceful outdoor space.
The modern kitchen is accessed from the lounge and is fitted with a range of base and eye-level units with integrated appliances, offering both style and practicality.
The bedroom is generously proportioned and benefits from fitted wardrobes as well as additional space for freestanding furniture, while the shower room is well appointed with a large walk-in shower, wash hand basin and WC.
Early viewing is highly recommended to fully appreciate the quality of accommodation and lifestyle on offer.
Tenure: Leasehold -125 years remaining from May 2012 Council Tax Band: D EPC Rating: to be confirmed Ground Rent: £660.00 per annum Service Charge: Approx.
£2,000 per annum Entrance Hall Lounge/Diner 20' 2'' x 13' 5'' (6.14m x 4.09m) Kitchen 9' 0'' x 6' 7'' (2.74m x 2.01m) Bedroom 17' 8'' x 12' 0'' (5.38m x 3.65m) Shower Room
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 Grange Road, Southbourne
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