2-bedroom flat · BH1 3JF
For saleReduced £20k (−7.7%) on 14 OctListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two double bedroom, two bathroom fourth floor apartment set within the prestigious Craghead development on the popular East Cliff within a moments walk of the cliff top and seafront along with being an easy walk to the Town Centre and mainline train station.
The property, now offering the opportunity for further modernisation and updating, features a balcony with sea view, secure underground parking and a share of freehold whilst being offered for sale with no forward chain.
The impressive Craghead development enjoys Caretaker services whilst being situated within immaculately maintained communal grounds and includes a heated swimming pool.
The development is accessed via a secure entry phone system with a superbly maintained communal hallway and lift providing access to the fourth floor and entrance to the apartment.
On entering the property a hallway, with useful storage cupboards, leads into a spacious living/dining room which opens onto a generously sized balcony offering a pleasant sea view.
A separate kitchen to offers ample units and features a pleasant Town Vview.
The property's two bedrooms are both double in size and feature en suite facilities whilst the accommodation is complete with an additional WC.
The property further benefits from secure, underground parking along with ample visitor parking and direct gated access to the cliff top.
EPC rating: E council tax band: E agents note: The heating system, mains and appliances have not been tested by Hearnes Estate Agents. Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
Whilst reasonable endeavours have been made to ensure that the information given in our sales particulars are as accurate as possible, this information has been provided to us by the seller and is not guaranteed.
Any intending buyer should not rely upon the information we have supplied and should satisfy themselves by inspection, searches, enquiries, and survey as to the correctness of each statement before making a financial or legal commitment.
We have not checked the legal documentation to verify the legal status, including the lease term and ground rent and escalation of ground rent of the property (where applicable).
A buyer must not rely upon the information provided until it has been verified by their own solicitors.
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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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.
Area
Agent & docs
FAQ
About Craghead, Manor Road, Bournemouth
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