2-bedroom flat · BH21 3JQ
Listing removedListed 107 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, well presented purpose built 2 bed ground floor flat set in communal gardens and having a garage.
Located on the sought after ‘Phelipps’ estate within walking distance of the local shops and amenities. Unfurnished. EPC C.
Accommodation comprises: Part glazed front door into: Entrance hall: Built in storage cupboards. Doors off to: Living room: 15'8 x 12' (4.78m x 3.66m) Radiator. UPVC double glazed window to front.
Door to kitchen. Kitchen: 10'3 x 9'1 (3.12m x 2.77m) Fitted range of base units incorporating cupboards and drawers under work surface. Further range of matching wall units.
Inset single bowl single drainer sink unit with mixer tap over. Inset four ring gas hob with electric oven below. Space and plumbing for washing machine. Space for fridge freezer. Radiator.
Cupboard housing boiler. UPVC double glazed window to rear. Bedroom 1: 9'8 x 9'11 (2.95m x 3.02m) plus door recess Radiator. Built in wardrobe. UPVC double glazed window to front.
Bedroom 2: 10'3 x 9'7 (3.12m x 2.92m) Radiator. UPVC double glazed window to rear. Bathroom: Fitted white suite comprising bath with electric shower over. Pedestal wash hand basin. Low level WC.
Heated towel rail. UPVC patterned double glazed window to rear. Outside the property: The property stands in communal grounds comprising lawns.
Garage: Single garage in a nearby block with up and over door. Council tax: Band B.
***** Relevant letting fees and tenant protection information As well as paying the rent, you may also be required to make the following permitted payments.
Permitted payments Before the tenancy starts payable to Richards Estate Agents ‘the Agent’ Holding Deposit: = 1 weeks rent Deposit: = 5 weeks rent During the tenancy (payable to the Agent) Payment of £50.00 if you want to change the tenancy agreement Payment of interest for the late payment of rent at a rate of 3% over the Bank of England base rate.
Payment of £35 for the reasonably incurred costs for the loss of keys/security devices Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy Tenant protection Richards Estate Agents is a member of Propertymark Client Money Protection Scheme, which is a client money protection scheme, and a member of The Property Ombudsman, which is a redress scheme.
You can find out more details on our website or by contacting us directly.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 58, South Road, Wimborne
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