1-bedroom flat · BH8 9DA
Listing removedReduced £13k (−15.3%) on 21 JunListed 333 days
Opportunity summary
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About
A fantastic opportunity to acquire this first floor, leasehold apartment with landscaped gardens.
A fantastic opportunity to acquire this first floor, leasehold apartment with landscaped gardens benefiting from a selection of mature shrub borders and trees along with communal seating areas.
Park View Court was constructed by McCarthy & Stone Developments Ltd in 1988 and comprises of 61 units on 4 floors all served by a lift.
There is a house manager during the hours of 9.00am - 5.00pm and in case of an 'out of hours' emergency all flats have an Appello call system.
Laundry room that comprises of 4 washing machines and 3 tumble driers. Park View Court has a super communal lounge with ample seating, television and views over Queens Park.
There is also a guest room with en-suite, subject to availability. There is a covered charging area for scooters and residents car parking is subject to availability.
It is a condition of purchase that residents must be over the age of 60 years or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
A fantastic additional feature is the fully accessible adjoining restaurant of the Queensmount Rest Home where you can enjoy meals for you and your guests, a cream tea or just a snack.
Delivery is even available, to your flat, should you wish or need it. Service charges every 6 months are circa £1,648.74 with the ground rent for the same period being £303.38.
This is a much sought after and established, well run, retirement development.
Entrance - Textured ceiling, doors leading to accommodation, door into the large storage cupboard housing the hot water tank.
Wetroom - 2.0 x 1.6 (6'6" x 5'2") - A perfect addition to this flat is the most useful wet room with fully tiled walls, heated towel rail, sink with vanity storage, low level WC, tiled effect flooring.
Bedroom - 3.7 x2.6 (12'1" x8'6") - A generous size bedroom with fitted furniture and wardrobe, textured ceiling, heater, Upvc window to rear aspect looking over the wonderful gardens.
Kitchen - 2.2 x 1.6 (7'2" x 5'2") - A dated but well appointed kitchen with a selection of wall and floor units in a wood finish with stone effect work tops, stainless steel sink and spaces for a selection white goods Lounge - 4.7 x 3.2 (15'5" x 10'5") - Textured ceiling, coving, door leading to the large storage cupboard, opening to the kitchen, feature fireplace with marble effect interior and hearth, storage heater, Upvc window the rear aspect over looking the gardens.
Outside Space - The property has the most wonderful gardens to be enjoyed by all residents, parking is available subject to T&Cs.
What3words /// care.slate.vouch Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
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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 40, Park View Court, Bournemouth
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