1-bedroom flat · BH22 8PW
For saleListed 257 days
Opportunity summary
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About
This well presented and modernised one double bedroom second floor retirement apartment has a lift and is ideally located less than 600 yards away from local amenities on Glenmoor Road together with the local bus stop.
Alexandria Court is a modern development designed for residents over the age of 60 years and benefits from the use of manicured landscaped communal grounds.
• One double bedroom second floor retirement apartment with lift • Spacious entrance hall housing useful airing/storage cupboard • 20ft Lounge/dining room with ample space for a dining table and chairs with pleasant views over the communal grounds • Modern fitted kitchen comprising a good range of base and wall mounted units with work surfaces over.
Integrated appliances include an eye level oven, electric hob with extractor over and recess and plumbing for washing machine with further space for fridge.
There is also a sink unit with window overlooking the communal grounds • Double bedroom with views over the communal grounds and fitted wardrobes with mirror fronted sliding doors • Contemporary shower room comprising a large walk in shower cubicle, fully tiled walls, wash basin with vanity storage, wall mounted mirror and WC Further benefits include Electric night storage heating, double glazing, secure entry phone intercom system.
Alexandria Court has an onsite manager for periods when the house manager is off duty there is a 24 hour Careline response system which can be contacted from various points within the property in case of emergency.
All residents must be over the age of 60 years of age for the first person over 55 years of age for a second person.
There are excellent communal facilities to include residents lounge, laundry room and pre-bookable guest suite.
There are landscaped and beautifully kept communal gardens as well as an area designated to visitors and residents parking.
Less then 1 mile away lies Ferndown town centre which offers an excellent range of shopping, leisure and recreational facilities.
LEASE: 125 Years from 1993 MAINTENANCE: £1,397.22 Every 6 months GROUND RENT: £256 Every 6 months COUNCIL TAX BAND: C EPC RATING: C 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
Agent & docs
FAQ
About Glenmoor Road, West Parley, Ferndown, BH22
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