2-bedroom flat · DT10 1DU
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reddleman House is located in the popular town of Sturminster Newton, this pretty market town is in the hub of the Blackmore Vale with a picturesque water mill on the River Stour.
The facilities at Reddleman House include a development manager, careline alarm service, lift, lounge, guest suite facilities, communal garden, parking and a secure entry phone system, ensuring you have everything you need to feel right at home!
This lovely two bedroom first floor flat is finished to a high standard and is ready to move into and has the added benefit of far reaching panoramic views over the roof tops of Sturminster Newton to the beautiful Dorset Countryside.
The flat is bathed in light thanks to the five aspect windows in the lounge area.
The flat is within a short walking distance of all of the facilities including a variety of shops, both chain and independent, this flat really must be viewed to be fully appreciated.
Communal Areas From Bath Road there is a driveway leading down to the property, here there are two parking areas and parking is on a first come basis.
The main entrance is off the lower car parking area and a path leads around the side of the property and takes you to a landscaped, (well used), communal garden area.
Visitors enter the building via a telephone entry system ensuring the property is secure at all times.
The entry hall is large and welcoming with a seating area and gives access to all of the apartments via lifts and stairwells.
The Flat On entering the flat there is a good sized, L shaped entrance hall with a storage cupboard and doors to all rooms.
Both the master bedroom and the guest room can be accessed from the hall and both have easy access to the bathroom, where there is a double size shower cubicle, a pedestal wash hand basin and a low level W/C with dual flush.
Unusually for an over 55's property this flat has the added benefit of having a completely separate kitchen, here there is a range of wall and base units with a roll top work surface which incorporates a stainless steel sink and drainer with a mixer tap and a ceramic hob with extractor over.
There is space and plumbing for a washing machine and plenty of room for white goods such as fridge freezers.
Of particular note is the large lounge/ dining area, the room is spacious and has a feature fire place with a wood surround and an electric, stove effect heater, this room is flooded with natural light having at one end a hexagonal area with windows on five sides, the windows also provide amazing views over the roof tops of Sturminster Newton to the beautiful Dorset Countryside beyond.
What The Current Owner Says ''I have thoroughly enjoyed living here and there is a lovely, helpful community within the complex, and it is only with great reluctance that I am leaving.''
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.
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FAQ
About Flat 18, Reddleman House, Sturminster Newton
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