We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · BH22 8HF
Listing removedReduced £10k (−9.1%) on 24 JunListed 361 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well-presented first floor retirement apartment situated in the popular st. Marys mews. Situated just 0.2 miles from ferndown town centre. Benefiting from resident parking.
Description Delightful retirement apartment in Ferndown, Dorset, Briefly the accommodation comprises of an 18 ft sitting room, double bedroom with fitted wardrobes and mirrored sliding doors, fitted kitchen, shower room, balcony and resident parking available on site.
Built in 1989 with a total of 68 flats and resident management staff and emergency alarm service.
Lift access, Communal Lounge, Laundry, Guest facilities, Garden, Conservatory, Hairdressing salon, kitchen. Pets are generally accepted with permission.
Entrance Hall Built in storage cupboard and airing cupboard.
Lounge/Diner 18' 6" x 10' 10" ( 5.64m x 3.30m ) Carpeted with double glazed front aspect window and door to balcony, feature fireplace with electric fire, intercom system and storage heater.
Kicthen 8' 5" x 7' 1" ( 2.57m x 2.16m ) Range of wall and base units, sink with drainer and mixer tap, 4 ring electric hob with extractor fan and hood over, eye level oven and space for washing machine and fridge/freezer.
Bedroom 14' 10" x 9' 2" ( 4.52m x 2.79m ) Carpeted with double glazed rear aspect window, built in wardrobes with mirrored sliding doors and storage heater.
Shower Room Low level WC, hand wash basin with vanity unit below and mirrored vanity cupboard over, walk in shower with glass shower door, extractor fan and storage heater.
Outside Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
Agent & docs
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FAQ
About Flat 64, St Marys Mews, 1, Fernlea Avenue, Ferndown
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