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See how verdicts work1-bedroom flat · BH23 2FS
Listing removedListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One double bedroom second floor retirement apartment, in a modern high-end development, convenient West Christchurch location next to Christchurch hospital. Full ownership.
Open plan lounge/kitchen/diner with breakfast bar & integrated appliances, built-in bedroom wardrobe, stylish four-piece bathroom, built-in hallway stoarge, paid parking permit available for underground car park & three visitor spaces, over 55s community, lift to all floors, community managers, regular social activities, visitors loung & coffee area, small pets permitted, private gardens/grounds Accommodation This one double bedroom apartment is situated on the second floor of the prestigious Monterey retirement development, a modern, high-end community set amongst private gardens beside Christchurch Hospital.
Available for full ownership the property benefits from lift access to all floors, and a secure over 55s community with on-site Community Managers who arrange regular activities and events such as coffee morning, dinner and quiz nights.
There is also a communal visitors lounge with coffee area, and small pets permitted with prior permission.
A paid parking permit is available on request for the underground car park and there are three visitor parking spaces Internally This stylish apartment comprises; an entrance hall with built-in storage, a very well-presented open plan lounge/kitchen/diner with a breakfast bar and integrated appliances including electric oven, microwave and induction hob, a generous double bedroom with built-in wardrobe, and a stylish bathroom with WC, vanity wash basin, bath and separate walk-in shower.
With neutral décor throughout Location Monterey’s location is ideal for those seeking the perfect balance between coast and countryside, with the train station, bus stop, gp surgery, pharmacy and post box all within easy walking distance, with Christchurch town centre just a short drive away.
The development offers the opportunity to enjoy a tranquil South Coast retirement lifestyle with local history and a harbour nearby Tenure Leasehold (248 years remaining).
Service Charge - £2478.48 pa.
Ground Rent - tba Broadband Please refer to Mobile Coverage/Performance Please refer to Meyers Properties For the opportunity to see properties before they go on the market like our page on Facebook - Meyers Estate Agents Southbourne and Christchurch Important Note: These particulars are believed to be correct, but their accuracy is not guaranteed.
They do not form part of any contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise, nor that any of the services, appliances, equipment or facilities are in good working order or have been tested.
Purchasers should satisfy themselves on such matters prior to purchase
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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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
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FAQ
About Flat 31 Monterey, Royal Close, Christchurch
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