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See how verdicts work2-bedroom flat · BH21 1TP
Listing removedReduced £10k (−5.3%) on 14 JunListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern, well-proportioned two-bedroom apartment ideally situated in the heart of Merley, within easy reach of local shops and amenities. NO FORWARD CHAIN.
Property Description Selkirk Close is located in the heart of Merley and comprises a range of homes which were constructed in the 1970’s.
This particular property is positioned in a block of flats arranged over ground and first floor.
This well-presented apartment is located on the first floor and offers bright and well-proportioned accommodation throughout.
The property comprises a spacious living room, a modern fitted kitchen with a range of base and eye level units, a well-appointed bathroom, and two bedrooms.
The main bedroom also benefits from a walk-in style wardrobe which have been fitted with railings and provides ample storage space.
Further benefits include gas-fired central heating, double glazing throughout and the significant advantage of being offered to the market with no forward chain, making it an ideal purchase for first-time buyers, investors, or those seeking a straightforward move.
The lease was extended in 2022 . We understand there are 173 years remaining on the lease....
Location Merley is a sought-after residential area on the edge of Wimborne, known for its community and convenient local amenities.
The area benefits from nearby shops, open green spaces, and a selection of well-regarded and popular local schools.
Wimborne town centre is just a short distance away, offering a wider range of shops, cafés, and restaurants, while excellent road links provide easy access to Poole, Bournemouth, and the Dorset coastline.
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
FAQ
About Selkirk Close, Wimborne, BH21
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