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See how verdicts work2-bedroom property · DT1 3DA
For saleReduced £45k (−14.5%) on 27 OctListed 262 days
Opportunity summary
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About
A top floor modern apartment, with two double bedroom and balcony situated in this beautiful 5 star McCarthy & Stone development.
The Property - This modern spacious third floor apartment is situated in this beautiful 5 star McCarthy & Stone development.
Bowes Lyon Court is for retirement living exclusively for those aged 70 and over and is made up of 62 one and two bedroom apartments, with lifts to all floors.
Located in the heart of Poundbury overlooking Queen Mother Square the apartment is in a central location near local amenities.
Accommodation - Internally there is a roomy entrance hallway with an airing and storage cupboard, a useful cloakroom.
A spacious, dual aspect sitting/dining room gives access to a delightful balcony with views across Poundbury and the open countryside.
There is a modern fitted shaker-styled kitchen with a range of wall and floor cupboards with work surfaces over.
Integrated appliances comprise of a fridge/freezer, dishwasher, built in electric eye level oven, microwave, induction hob and extractor fan.
There are two double bedrooms, the principal bedroom with a walk-in wardrobe. There is a modern age-friendly wet room with W.C.
There are communal areas for all residents, with lounge, coffee area, library, games room, laundry room and restaurant.
Directions - What3words///light.reference.statement Situation - Bowes Lyon Court is conveniently situated within walking distance of Queen Mother Square, which provides a good range of amenities including Waitrose, a public house, butcher, Luxury Monart Spa, gallery, coffee houses, opticians and restaurants.
Across the Poundbury development there are a variety of boutiques, a post office, veterinary practice, dental surgeries, doctors’ surgeries, and Damers First School, along with a number of specialist outlets.
Services - Electric, water and drainage. Local Authority Dorset Council Telephone: There is mobile and broadband coverage in the area.
Please refer to Ofcom's website for more details Assisted Living - Assisted Living developments benefit from care and support packages*, specifically tailored to suit you.
There is a 24 hour manager on site and pull cord alarms in each room.
Homeowners can request a wakeup call in the mornings and receive flexible levels of care that can be increased or decreased as required.
Cooking and cleaning can be a thing of the past with a three-course lunch provided every day in the table-service restaurant (at a cost to the residents, the lunch is not provided free).
So you can sit back and relax knowing that everything is taken care of. The cosy lounge, library and coffee area are places to relax and enjoy the company around you.
Bowes Lyon Court also offers a Wellbeing Suite for all your health and beauty needs. *Details of support packages can be forwarded by email, please contact to discuss further.
Material Information - Council Tax Band E EPC C Leasehold Details: We understand from our vendor: Leasehold – 125 years from 16th August 2016 with 116 years remaining. Ground rent is 510 p.a.
and it is invoiced by McCarthy and Stone Your Life Management Services Service Charge £13,432.00 per annum Ground rent renewal date - 2031 and every subsequent 15 year period Ground rent percentage increase at renewal date- 2% per annum from the commence of the Term Manco Charge 2: We are advised that there is a sum of £225 per annum payable to the Poundbury Estate Company.
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
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FAQ
About Bowes Lyon Place, Poundbury, Dorchester
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