2-bedroom flat · BH8 8TE
For saleReduced £5k (−2.9%) on 9 OctListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom ground floor flat, ideally situated on Richmond Park Road, offered to the market with no forward chain and an allocated parking space.
Summary A beautifully presented two-bedroom ground floor flat, ideally situated on Richmond Park Road, offered to the market with no onward chain.
The accommodation comprises a bright and spacious living area, a modern fitted kitchen, two bedrooms, and a modern newly installed bathroom.
The flat benefits from a number of recent improvements, including new flooring throughout, full redecoration, and a contemporary bathroom suite, creating a fresh and move-in-ready home.
A Viessmann boiler, installed just one year ago, provides efficient and reliable heating.
Externally, the property enjoys the added advantage of an allocated parking space, offering convenience in this sought-after location.
Offered on a leasehold basis and with no chain, this is an excellent opportunity to secure a turnkey property in a desirable area.
Lease length- 125 years from 25th December 2005 Ground rent- £200 per annum Maintenance charge- £1,900 per annum
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 Flat 4 Richmond Park Lodge, 115-117, Richmond Park Road, Bournemouth
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