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See how verdicts work1-bedroom flat · BH2 5SS
For saleListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Welcome to Melrose House, Crescent Road.
This property is a one double bedroom first floor flat with off road parking, low service charge and ground rent and is being sold vacant with no onward chain.
The property has benefited from a refurbishment and lease extended to 125 years.
Description Town Centre Living with Parking & Extended Lease Offered to the market vacant with no onward chain, this well-presented one-bedroom first-floor flat is ideally situated in the heart of Bournemouth Town Centre, providing convenient access to an excellent range of shops, restaurants, leisure facilities and award-winning beaches.
The accommodation comprises a bright and spacious living room, a fitted kitchen, a generous double bedroom and a bathroom, making it an ideal first-time purchase, investment opportunity or seaside home.
A particular benefit of the property is the provision of off-road parking, a valuable feature for such a central location.
Furthermore, the property has recently benefited from a lease extension to 125 years, offering added peace of mind for prospective purchasers.
With its sought-after town centre position, long lease, allocated parking and the advantage of being sold with no forward chain, early viewing is highly recommended.
Entrance Hall Telecom entry system, laminate flooring, radiator. Kitchen White wall and base units, free standing washing machine plumbed in, electric oven and induction hob, laminate flooring.
Lounge Rear aspect double glazed window, laminate flooring, radiator Bedroom rear aspect double glazed window, radiator, laminate flooring.
Bathroom Tiled floor to ceiling, bath with shower over, WC, wash hand basin, ladder rail. Parking Allocated off Road parking, additional on street parking.
Agents Notes Tenure: Leasehold 125 years from 28th August 2025 (124 years remaining) Ground Rent: £10 per annum (peppercorn) Service Charge: £1300 per annum We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 5, Melrose, 14, Crescent Road, Bournemouth
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