1-bedroom house · BH22 8HF
For saleListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This conveniently located and well presented one double bedroom ground floor retirement apartment has its own private patio area which enjoys a pleasant outlook over the communal gardens.
The property now comes to the market offered with no onward chain and keys are held within the office. St Marys Mews is located within level walking distance of Ferndown town centre.
• One double bedroom ground floor retirement apartment with its own private patio area • Good sized entrance hall with double storage/airing cupboard • 18’ Living room with space for dining table and chairs, wall-mounted modern electric heater, double glazed door leading out onto the patio area • The patio area faces a south easterly aspect and enjoys a pleasant outlook across the communal grounds/courtyard • Kitchen incorporates a range of base and wall-mounted units, modern worktops, sink unit with mixer tap, tiled splashbacks, concealed underlighting, plumbing for a washing machine and space for a tumble dryer and tall standing fridge/freezer, integrated raised oven, inset four ring electric hob with extractor hood above • Good sized double bedroom with fitted floor to ceiling wardrobes with mirrored sliding doors and wall-mounted electric heater • Shower room incorporating a partially updated suite with walk in dual width shower cubicle with wall-mounted Mira electric shower unit, tiled walls, WC, wash hand basin, extractor fan and heated towel rail • Further benefits include a house manager who works 9am to 5pm five days a week, 24 hour careline system, double glazing, electric radiators and an entry phone intercom system • The communal gardens are beautifully kept, predominantly laid to lawn with well stocked shrub borders and flower beds.
A path provides access to communal areas and various accesses into St Marys Mews.
A gate at the rear provides access to the nearby Ringwood Road which allows easy access to the town centre with a supermarket, post office, library, health centre and other amenities.
• All residents have the use of the communal facilities in St Marys Mews which include a laundry room, refuse store, communal lounge, kitchen, hairdressing salon with visiting hairdressers and conservatory • We understand that there is a nominal charge for the guest suite Lease: Approximately 105 years (extended 2012) Maintenance Charge: Approximately £3,327 per annum Ground Rent: Approximately £130 every 6 months council tax band: C EPC rating: Tbc 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
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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.
Area
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FAQ
About St Marys Mews, Fernlea Avenue, Ferndown
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