1-bedroom property · SP7 8GY
Sold STCListed 239 days
Opportunity summary
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About
**ONE BEDROOM GROUND FLOOR RETIREMENT APARTMENT** Churchill Sales & Lettings are delighted to be marketing this lovely one bedroom ground floor apartment with Patio overlooking the communal garden.
The property is conveniently located for the Owners Lounge and is presented in good order.
The Living Room offers ample space for living and dining room furniture with a door opening onto the Patio area.
The Kitchen is accessed via the Living Room and offers a range of eye and base level units with working surfaces over and tiled splashbacks.
There is a built in waist height oven, 4 ring electric hob with extractor hood over, a fridge, a frost-free freezer and washer/dryer. A window allows for light and ventilation.
The Bedroom is a generous double room with a useful built in mirrored wardrobe and plenty of space for additional bedroom furniture if required.
The Shower Room offers a large shower cubicle with handrail, heated towel rail, a WC and wash hand basin with vanity unit beneath.
Perfectly complementing this wonderful apartment is a useful storage cupboard located in the hallway.
Hardy Lodge is a delightful development of 42 one and two bedroom retirement apartments located in the pretty Dorset market town of Shaftesbury.
Steeped in history and tradition, Shaftesbury is one of the oldest and highest towns in England, home to pretty thatched cottages, quaint tea shops and a High Street filled with independent shops offering everything you need.
The town hosts a weekly charter market, and regular Farmers’ Markets, book fairs, flea markets and Sunday Markets add to the town’s bustling atmosphere.
Hardy Lodge is well-located for the town centre shops and amenities, and is ideally placed to enjoy the many attractions of this charming market town and the surrounding area.
Hardy Lodge’s manager is on hand throughout the day to support the owners and keep the development in perfect shape. A Guest Suite is available for your friends and family to stay in.
In addition, you are entitled to use of the Guest Suites at all Churchill Retirement Living developments across the country. Prices are available from the Lodge Manager.
Hardy Lodge has been designed with safety and security at the forefront.
The apartment has an emergency Careline system installed, monitored by the onsite Lodge Manager during the day and 24 hours, 365 days a year by the Careline team.
A Careline integrated intruder alarm, secure video entry system and sophisticated fire and smoke detection systems throughout both the apartment and communal areas provide unrivalled peace of mind.
Hardy Lodge is managed by the award winning Churchill Estates Management, working closely with Churchill Retirement Living and Churchill Sales & Lettings to maintain the highest standards of maintenance and service for every lodge and owner.
Hardy Lodge requires at least one apartment resident to be over the age of 60 with any second resident over the age of 55.
Service Charge (Year Ending 31st May 2026): £3,243.74 per annum Ground rent £809.88 per annum. To be reviewed February 2032.
Council Tax Band C 999 year Lease commencing 2018 Please check regarding Pets with Churchill Estates Management.
Any consents given in relation to pets are subject to the terms of the lease and any further rules and regulations made by Churchill Estates Management Service charges include: Careline system, buildings insurance, water and sewerage rates, Air Source Heating, communal cleaning, utilities and maintenance, garden maintenance, lift maintenance & Lodge Manager.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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