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See how verdicts work1-bedroom house · BH22 9FE
For saleReduced £17k (−18.9%) on 7 AugListed 249 days
Opportunity summary
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About
This exceptionally well presented, one double bedroom first floor apartment is very well maintained and is situated in the popular and exclusive McCarthy & Stone retirement living development of Cherrett Court.
This particular apartment is conveniently located close to the lift.
The property is also located within a short distance of Ferndown town centre, perfectly positioned for ease of access to all facilities, and is offered for sale with no onward chain.
The development benefits from a range of communal facilities to include a restaurant, function room, residents lounge, guest suite, communal gardens, battery scooter store, laundry room and car parking for resident permit holders, with additional visitors parking bays.
A varied social and event programme is also available for residents’ participation. Benefits include a security entry intercom system and a 24 hour emergency call system.
• One double bedroom first floor retirement apartment located close to the lift • Entrance hall with modern, wall mounted electric heater and door to walk-in airing cupboard with slatted shelving.
The hot water tank and wall mounted vent Asecos extractor unit are both newly installed • Lounge/dining room with double glazed window to the rear of the block, wall mounted modern electric heater, centrally positioned Mock fireplace with electric flame effect fire, space for dining table and solid part glazed wooden door to the kitchen • Kitchen, superbly presented modern kitchen comprising a comprehensive range of base and wall mounted units with integrated and raised oven, integrated and concealed fridge and freezer, inset wash hand basin with mixer taps and double glazed window above to the rear of the block, part tiled splashbacks and inset four ring halogen hob with extractor hood above and tiled flooring • Bedroom with double glazed window to the side aspect, well proportioned double room with fitted with three sets of fitted double wardrobes with hanging space and shelving above across the entire section of one wall and further matching dressing table and bedside cabinets, wall mounted modern electric heater Bath/shower room, extremely well adapted wet room with open faced walk-in shower area with handrails, seating and mixer tap together with additional low entry panelled bath, vanity unit with inset basin and WC, mainly fully tiled walls, extractor fan and linoleum flooring Cherrett Court is a beautiful living plus development (formerly known as assisted living).
Constructed in 2010 by McCarthy & Stone for residents over the age of 70 years (or such other age as the landlord may in his discretion permits).
Cherrett Court’s additional facilities include an excellent subsidised waitress service restaurant serving three course lunches to residents and their guests.
Personal care packages can be arranged with in-house carers. Care can include dressing, undressing, bathing and medical monitoring.
One hour of domestic care is included in the service charge and extra help with cleaning and laundry can be provided if required.
An onsite residential duty manager is available 24 hours a day, all year round.
Lease: 125 years from January 2010 Maintenance: Currently £927.90 per month Ground rent: Currently £250 per year, collected 6 monthly council tax band: C EPC rating: B agents notes: 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 in our sales particulars are as accurate as possible, this information has been provided for us by the seller and is not guaranteed.
Any intending buyer should not rely on 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 leased 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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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.
Area
Agent & docs
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FAQ
About 15, Cherrett Court, Ringwood Road, Ferndown
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