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See how verdicts work2-bedroom flat · BH24 1FB
Listing removedListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Martin and Co are proud to present a 2nd-floor purpose-built 2-bedroom flat forming part of a 3-storey block of similar apartments within the popular Castleman development.
Local facilities include being within immediate distance of a local convenience store and Ringwood Junior School.
The flat has the benefit of a modern kitchen, with space for a large fridge-freezer and washing machine, a modern bathroom with bath and shower, 2 double bedrooms, storage, electric heating, and double glazing, good decorative presentation, allocated parking, and communal gardens.
The market town centre of Ringwood is within one mile, offering a weekly street market, in addition to comprehensive shopping, leisure, and educational facilities.
The A31 and A338 provide transportation links to the main centres of Bournemouth (12 miles), Southampton (16 miles), and Salisbury (18 miles). The open New Forest is within 2 miles.
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 Euston Grove, Ringwood
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