2-bedroom flat · BH19 1DQ
For saleListed 510 days
Opportunity summary
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About
This stylish top floor apartment is situated in a development of 6 apartments above commercial premises in the heart of the town approximately 100 metres from the seafront and beach and a short distance from the Steam Railway station and main shopping thoroughfare.
The original property comprised a three storey detached building constructed of brick in 1948, and a fourth storey was added in 2017 creating 2 further apartments designed by award winning architects Munden Robinson.
Flat 6 Lyons House offers stylish, spacious accommodation with views over the recreation ground to the sea in the distance, and also has the benefit of allocated parking, South facing balcony, a new 150 year lease and blp warranty.
The seaside resort of Swanage lies at the eastern tip of the Isle of Purbeck, delightfully situated between the Purbeck Hills.
It has fine, safe, sandy beach, and is an attractive mixture of old stone cottages and more modern properties.
To the South is the Durlston Country Park renowned for being the gateway to the Jurassic Coast and World Heritage Coastline.
The market town of Wareham which has main line rail link to London Waterloo (approx.
2.5 hours) is some 9 miles distant with the conurbation of Poole and Bournemouth being in easy reach via the Sandbanks ferry.
The open plan living room/kitchen is exceptionally spacious spanning the entire depth of the building.
The living area enjoys views across the recreation ground to Swanage Bay and Ballard Down in the distance.
The kitchen area is fitted with a range of white gloss units, contrasting worktops, integrated appliances and has sliding doors to the South facing balcony with views of Swanage Steam Railway.
Living Room/Kitchen 9.55m max x 4.33m max (31'4" max x 14'3" max) There are two double bedrooms, the principal bedroom enjoys similar views to the living room, whilst bedroom two is South facing.
The stylish bathroom is fitted with a white suite including bath with shower over and completes the accommodation.
Bedroom 1 3.21m x 3.2m (10'6" x 10'6") Bedroom 2 3.39m x 2.42m (11'1" x 7'11") Bathroom 2.31m x 1.4m min (7'7" x 4'7" min) Outside, the apartment has the benefit of an allocated parking space.
Tenure Leasehold. New 150 year lease. Ground Rent, Nil. Share maintenance liability estimated May 2023-May 2024 £1,500 plus buildings insurance contribution of £350.
All lettings permitted, pets at the discretion of the Management Company. Services All mains services connected.
Council tax To be Assessed viewing Strictly by appointment through the Sole Agents, Corbens, . The postcode for satnav is BH19 1DQ Property Ref STA1760c
Value & comps
No previous sales on record.
Returns
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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.
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About Flat 6 Lyons House, 7 Station Place, Swanage
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