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See how verdicts work1-bedroom flat · BH24 1FB
Sold STCListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose built one bedroom, ground floor apartment with parking, offering scope for modernisation, close to Ringwood centre. Immediate vacant possession.
Summary of Accommodation *RECESS ENTRANCE PORCH * LOUNGE/DINING ROOM * DOUBLE BEDROOM WITH BUILT-IN WARDROBE * KITCHEN * BATHROOM/W.C.
* DOUBLE GLAZING * ALLOCATED PARKING * COMMUNAL GARDENS * NO ONWARD CHAIN * DESCRIPTION AND CONSTRUCTION: This ground floor one bedroom apartment was originally built in 1992 with facing brick elevation under a tiled roof.
The property require modernisation. The property is offered for sale with no onward chain.
SITUATION: 35 Euston Grove is delightfully set in a purpose built block of apartments with its own personal front door. The property is close to local shop and junior school.
The town centre of Ringwood is within half a mile and offers a weekly street market in addition to comprehensive shopping, leisure and educational facilities.
The A31 and A338 provide links to the main centres of Bournemouth (12 miles), Southampton (16 miles) and Salisbury (18 miles). The open New Forest is within 2 miles distance.
DIRECTIONAL NOTE: From the main Ringwood roundabout, adjacent to the town centre car park, leave in a southerly direction along the Mansfield Road passing across two sets of pedestrian traffic light.
At the first mini roundabout, adjacent to Greyfriars community centre take the first exit onto the Christchurch Road.
Continue for a further quarter of a mile and at the next roundabout take the first exit onto Castleman Way.
Take the second turning left into Waterloo Way and bear right along the side of an area of open green.
At the T-junction turn right and immediately left, and then left again into a courtyard complex whereupon the entrance to 35 is located in the far left hand corner.
THE ACCOMMODATION COMPRISES: RECESSED INTEGRAL ENTRANCE PORCH: Down lights.
Multi-panel glazed front door to: LOUNGE/DINING ROOM: The lounge area measures 13’3” (4.05m) x 11’6” (3.52m), the dining area measures 9’6” (2.92m) x 11’4” (3.46m). Aspect to the south.
Double glazed picture window overlooking front. 2 ceiling light points. 3 Wall light points. Electric panel heater. T.V./satellite aerial. Deep storage cupboard under stairs. Telephone point.
FROM THE DINING AREA, DOOR TO: INNER HALL: Full height airing cupboard housing factory sealed hot water cylinder, fitted immersion heater, cold water storage tank.
FROM THE INNER HALL, DOOR TO: KITCHEN: 8’10” (2.71m) x 5’7” (1.71m). Aspect to the north. Double glazed window overlooking communal garden and allocated parking.
Kitchen units comprise wall to wall, roll top laminate work surface with inset single bowl, single drainer stainless steel sink unit, h & c mixer, drawer and double floor storage cupboard beneath.
The work surface extends on the return wall with recess for washing machine and cooker. Nest of drawers. 2 double eye level store cupboards. Fitted 3 speed extractor fan. Tiled wall surround.
Dimplex wall heater. FROM THE INNER HALL, DOOR TO: BEDROOM: 9’6” (2.90m) x 8’10” (2.71m). Double glazed picture window overlooking communal garden and allocated parking.
Without loss of measurement to the room floor to ceiling, mirror fronted double built-in wardrobe with hanging rail and shelf. Night store heater.
FROM THE INNER HALL, DOOR TO: BATHROOM/W.C.: 6’9” (2.06m) x 5’6” (1.70m). Aspect to the east. Opaque double glazed window.
Whisper peach coloured suite comprising moulded bath, twin hand grips, h & c mixer with hand shower attachment. Part tiled wall surround. Pedestal wash basin with tiled splash back.
Close coupled low level w.c. Silavent extractor. Strip light and shaver point. Dimplex wall heater.
OUTSIDE: The property has the benefit of some communal grass on the northern and eastern side of the property, plus allocated parking for one car.
Immediately adjacent to the entrance porch there is an integral full height store cupboard, plus an external electricity meter. The front area of garden has a gravel area with some evergreen shrubs.
LEASE INFORMATION: The lease is 125 years from 1st July 1992 currently 91 years remaining. SERVICE CHARGE PAYABLE: From 1st July 2025 to 30th June 2026 inclusive amounts to £917.43.
MANAGEMENT COMPANY: Solum Property Management Ltd, (trading as SPM Playfield), Unit 3a Grosvenor House, 1 High Street, Edgeware, Middlesex HA8 7TA telephone number email COUNCIL TAX BAND: B EPC LINK: Consumer Protection from Unfair Trading Regulations 2008 These details are for guidance only and complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate.
No guarantee can be given with regard to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested.
Items shown in photographs are NOT necessarily included. Interested Parties are advised to check availability and make an appointment to view before travelling to see a property.
The Data Protection Act 1998 Please note that all personal information provided by customers wishing to receive information and/or services from the estate agent will be processed by the estate agent, the team Association Consortium Company of which it is a member and team Association Limited for the purpose of providing services associated with the business of an estate agent and for the additional purposes set out in the privacy policy (copies available on request) but specifically excluding mailings or promotions by a third party.
If you do not wish your personal information to be used for any of these purposes, please notify your estate agent.
For further information about the Consumer Protection from Unfair Trading Regulations 2008 see
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.
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FAQ
About Euston Grove, Ringwood, Hampshire, BH24
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