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See how verdicts work1-bedroom flat · BH20 4QY
No longer listedListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Mill Lane, and this beautifully presented one bedroom apartment that offers an excellent opportunity to acquire a contemporary home in a convenient and well connected area, located down the quiet and sought after road of Mill Lane which is conveniently located close to the High Street and Wareham Walls Walk.
The property is thoughtfully designed and finished to a modern standard throughout, flowing effortlessly from the private entrance and up the stairwell into the spacious and vibrant lounge/diner where adjacently the practical kitchen awaits, separately, the bedroom and bathroom are conveniently located down the hall.
This property combines stylish interiors with practical living, making it perfectly suited to first time buyers, investors, professionals, or those seeking a low-maintenance home close to the coast and countryside.
The accommodation is notably generous in proportion, with bright and airy rooms creating a welcoming sense of space throughout.
Stepping through the front door, stairs rise to the hallway where the eye is immediately drawn towards the well proportioned lounge/diner, designed for comfortable day to day living and entertaining.
There is ample amounts of space for a table and chairs, whilst the large featured double glazed windows offer a pleasant outlook towards mature trees and provides plenty of natural light.
Leading through from the living accommodation is the well appointed, practical kitchen which includes both space and plumbing for a washing machine and electric cooker.
Returning to the hallway, we are lead to the contemporary bathroom comprising a bath with shower over, W.C., and wash hand basin.
Finally, at the end of the hallway is the spacious double bedroom situated at the front of the property, offering ample amounts of space for free standing storage units and a large double bed.
The bedroom further includes a built in wardrobe. A particularly valuable feature of the property is the benefit of its own car parking space, offering convenient parking in a central location.
Mill Lane is ideally positioned within easy reach of the historic town centre of Wareham, well known for its charming riverside setting, independent shops, cafés, restaurants and excellent transport connections.
The surrounding area also provides convenient access to the stunning Jurassic Coast, nearby beaches and an array of scenic countryside walks, making this an exceptional property for both permanent residence and weekend retreats alike.
Bedroom (4.52 x 3.41 (14'9" x 11'2")) Living Room (4.51 x 3.34 (14'9" x 10'11")) Kitchen (2.72 x 1.79 (8'11" x 5'10")) Additional Information.
The following details have been provided by the vendor, as required by Trading Standards. These details should be checked by your legal representative for accuracy.
The vendors currently rent a garage on the site, call for further information. Property type: Flat Property construction: Standard Tenure: Leasehold (No ground rent payable).
We are advised that the annual maintenance charge is approximately £85 per month and the ground rent is £100 per annum.
Pets are considered at the discretion of the management company and residential lets are allowed. Holiday lets are not.
Mains Electricity Mains Water & Sewage: Supplied by Wessex Water Heating Type: Gas Broadband/Mobile signal/coverage: For further details please see the Ofcom Mobile Signal & Broadband checker.
Disclaimer. These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. All measurements are approximate.
Any details including (but not limited to): Lease details, service charges, ground rents, property construction, services, & covenant information are provided by the vendor, and you should consult with your legal advisor/ satisfy yourself before proceeding.
No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the property.
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.
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FAQ
About Flat 4, 61, Mill Lane, Wareham
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