1-bedroom house · BH21 1RB
Sold STCListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb one bedroom converted ground floor apartment situated in a well run small converted block.
Just a short walk from Wimborne Town Centre and scenic walks along the river Stour, the property would be ideal for a first time buyer or someone down sizing.
Well presented throughout the property offers open plan living with kitchen/living space, double bedroom and good size bathroom.
Being sold with a new lease and the benefit of a share of freehold and offered with no forward chain.
Area - Wimborne Minster is a historic market town in Dorset that offers a high quality of life through its blend of heritage, community, and natural surroundings.
The town is well known for landmarks such as Wimborne Minster, a historic church that reflects the town’s long history and cultural importance.
Wimborne has a vibrant town centre with independent shops, cafés, and regular markets that support a strong local economy and community atmosphere.
Annual events and festivals also contribute to a lively social environment.
The town is surrounded by attractive countryside and rivers, offering opportunities for walking and outdoor recreation, while still providing convenient access to larger nearby towns.
With its combination of historic character, community spirit, local amenities, and access to nature, Wimborne is an appealing place for both residents and visitors.
Tenure - Share Of Freehold New 999 year lease being finalised Maintenance £ 892 per half year to include communal cleaning, building insurance, reserve fund .
Description - Front door with security entry to Communal Entrance door to Flat 2.
OUTER LOBBY, coat hooks, door to ENTRANCE HALL, with all rooms off LOUNGE/KITCHEN, lounge area with window to front, cupboard housing combi boiler open plan to kitchen area, work surface with matching splashbacks, eye and low level storage cupboards and drawers, built in oven and hob, filter hood over, space for fridge/freezer, space and plumbing for washing machine BEDROOM, double room, window to front BATHRTOOM, white suite with electric shower and glazed shower screen, low level w.c.
wash hand basin, medicine cabinet, extractor, part tiled OUTSIDE, the apartment is in a well kept block with communal area's being mainly paved for easy maintenance, area's for clothes line and table and chairs etc.
PARKING, there are ample spaces for the apartments but on a first come, first served basis.
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 New Borough Road, Wimborne
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