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See how verdicts work3-bedroom flat · BH6 5NZ
Listing removedReduced £10k (−3.3%) on 21 JunListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome Homes are delighted to offer for sale this three bedroom first floor flat situated in the popular and convenient location of Southbourne, BH6.
The property benefits from a long lease, garden and private entrance. The flat is in need of cosmetic redecoration in places but is ideal for those looking to put their own mark on a property.
From the flats private entrance stairs lead to the first floor landing. From the landing there are doors to all rooms as well as a useful storage cupboard and an airing cupboard.
The lounge is located to the front of the property and has a feature fireplace and bay window. The main bedroom is also to the front elevation, has a bay window and is comfortably a double in size.
There is a further double bedroom to the rear elevation and the third bedroom is currently used as an office.
The kitchen has a range of units to eye and base levels and has space for a tall standing fridge/freezer, washing machine and oven. There is a breakfast bar area and a sink and a half with drainer.
Two windows let light in from the side and rear elevation and there is a further storage cupboard which is where the boiler is located and could double up as a larder.
The bathroom is part tiled with shower over the bath, low level WC and wash hand basin.
Outside the garden is low maintenance and predominately laid to paving and enclosed by panel fencing, there is a shed and cabin.
The flat also benefits from the front garden which - subject to conditions - could potentially be made into off road parking.
The property is situated within 2 miles to Southbourne's Award Winning Beach and popular high street, jp Morgan and Bournemouth Hospital are also within 1 mile.
It is located within easy reach to main travel links providing easy access to Bournemouth, Christchurch and Poole.
Pokesdown train station is approximately 1 mile away with railway links to London Waterloo and it is also within sought after school catchments.
Tenure & Maintenance: Tenure: Leasehold- approximately 145 years remaining Maintenance: As and when basis split 50/50 with the flat downstairs Buildings Insurance: The current owners pay the freeholder £15 per month towards the buildings insurance Ground rent: Peppercorn EPC: D council tax: B Additional information: Tenure: Leasehold Parking: On road Utilities: Mains Electricity/Gas/Water/Drainage Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to , check long term flood risk important note: These particulars are believed to be correct, but their accuracy is not guaranteed.
They do not form part of any contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise, nor that any of the services, appliances, equipment or facilities are in good working order or have been tested.
Purchasers should satisfy themselves on such matters prior to purchase. All measurement quoted are approximate and for guidance only.
Photographs are reproduced for general information and it cannot be inferred that any item shown is included.
Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale.
EPC Rating: E
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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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
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FAQ
About 111a Corhampton Road, Bournemouth
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