1-bedroom flat · BH22 9DA
For saleReduced £10k (−14.3%) on 21 SepListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Delightful one bedroom ground floor retirement apartment in Ferndown comprising of a sitting room, bathroom, communal lounge, laundry and gardens and close to local transport links to Ferndown and Poole.
Description Delightful one bedroom retirement apartment in Ferndown comprising of a sitting room, bathroom, communal lounge, laundry and gardens and close to local transport links to Ferndown and Poole.
Homelands House is a highly sought-after retirement development suitable for residents over the age of 60 and benefits from lift access to all floors.
The development is located a few minutes away from Tesco Supermarket and an array of local amenities. Bedroom carpeted floors, with night storage heater, built in storage wardrobe.
Side aspect window and wall light. Lounge carpeted lounge with door access to the patio. Night storage heater and electric fire.
Kitchen A range of wall and base units, stainless steal sink with drainer and mixer tap, integrated electric oven and electric hob with extractor fan and hood over and space for fridge/freezer.
Shower Room WC, wash hand basin with mixer tap, shower and vanity unit. We currently hold lease details as displayed above, should you require 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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 20, Homelands House, 535, Ringwood Road, Ferndown
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