2-bedroom flat · BH21 1JX
For saleListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally situated in the heart of Wimborne Minster, this two-bedroom first floor apartment offers a practical and well-located home within easy walking distance of the town's shops, cafés, restaurants and everyday amenities.
The Situation Wimborne town centre is within easy reach and offers an excellent range of independent shops, supermarkets, cafés, restaurants, and traditional pubs centred around the historic Minster and town square.
The area is particularly popular with families due to its selection of well-regarded local schools.
Excellent transport links are available via nearby bus routes connecting Wimborne with Poole, Bournemouth, and surrounding areas.
Mainline rail services from Poole and Bournemouth provide direct routes to London Waterloo in approximately two hours, as well as connections along the south coast.
Residents can also enjoy a variety of nearby green spaces, riverside walks along the River Stour, and a range of leisure and community facilities, all contributing to the convenience and appeal of this desirable location.
The Property The apartment provides comfortable accommodation with well-proportioned rooms and would suit a range of buyers, including first-time purchasers, those looking to downsize, or anyone seeking a conveniently located home or investment property.
Accessed via a communal entrance shared with just two other apartments, the property occupies the first floor of the building. Please note there is no lift.
Entrance to the apartment is gained via an entrance hall providing access to all of the property's accommodation. The open plan space incorporates the kitchen, dining and living.
Both bedrooms are double in size and served by the family bathroom.
Outside Outside, the apartment benefits from one allocated parking space, providing valuable off-road parking in this central location.
Additional Information Energy Performance Rating: D Current: 66 Potential: 74 Council Tax Band : B Tenure: Share of Freehold Lease: 999 years from 11 January 2007 Years Remaining on Lease: 980 years remaining Annual Ground Rent: N/A Annual Service Charge: On an as and when needed basis Property Construction: First floor flat with a traditional brick and block construction Utilities: Mains gas, electric, water and drainage connected Heating: Gas central heating Broadband: Adsl Copper-based phone landline.
Ultrafast broadband with download speeds of up to 1000mbps available at this property (ofcom). Parking: X1 allocated space in communal car park
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
Agent & docs
FAQ
About Flat 3 Parkway, Redcotts Lane, Wimborne
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