2-bedroom flat · BH14 9EE
Sold STCListed 123 days
Opportunity summary
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About
A modern two double bedroom ground floor garden flat in 'Atlantic', Bournemouth Road, Lower Parkstone.
Convenient for the scenic walks and amenities of Alexandra Park (0.2 miles), popular shops, restaurants and amenities of Parkstone High Street (0.5 miles), popular junior, pre and primary schools, restaurants and amenities of Ashley Cross (0.8 miles), Parkstone & Branksome Train Stations, (1.0 & 0.7 miles respectively), as well as travel routes to further afield.
The accommodation offers an entrance hall with two storage cupboards, two double bedrooms (with an en-suite shower from the main bedroom), main bathroom and open plan lounge/kitchen/diner.
The property also benefits from gas fired central heating, wet underfloor heating throughout, UPVC double glazing and the remainder of the 10-year ICW Building Warranty.
Ideal first-Time Buy, Buy-to-Let or Short-Term Let Investment with holiday lets allowed in the block.
Entrance Via: Vehicular access to resident parking, side path leading to communal front door, communal entrance lobby, front door to: Entrance Hall: 16' 3'' x 12' 1'' (4.95m x 3.68m) Spotlights, smoke alarm, telephone/video door entry system, doors to accommodation and doors to storage cupboards: Cupboard One: 3' 5'' x 2' 4'' (1.04m x 0.71m) Providing storage, housing gas fired combination boiler, consumer unit and electric meter.
Cupboard Two: 3' 9'' x 1' 11'' (1.14m x 0.58m) Providing storage.
Open Plan Lounge/Kitchen/Diner: Over: 21' 11'' max x 14' 1'' max (6.68m x 4.29m) Kitchen/Dining Area: 12' 10'' max x 11' 0'' max (3.91m x 3.35m) Spotlights, smoke alarm, window to side aspect, range of eye and base level units, integrated appliances (fridge/freezer, washing machine, dishwasher, oven/grill with induction hob and extractor over.), underfloor heating, open plan with: Lounge Area: 14' 1'' max x 9' 5'' max (4.29m x 2.87m) Spotlights, window to front aspect, tv Ariel points, French doors to garden, underfloor heating.
Bedroom One: 11' 5'' max x 9' 1'' max (3.48m x 2.77m) Spotlights, window to front aspect, underfloor heating control panel, underfloor heating, door to: En-Suite Shower Room: 7' 0'' x 4' 11'' (2.13m x 1.50m) Spotlight, extractor fan, part tiled walls, walk in shower with mixer controls, handheld attachment and rainfall shower over, tabletop sink with mixer tap over and storage below, ladder style towel radiator, wall mounted WC with hidden cistern, underfloor heating.
Bedroom Two: 10' 5'' x 8' 4'' (3.17m x 2.54m) Spotlights, window to rear aspect, underfloor heating control, underfloor heating.
Bathroom: 8' 4'' x 5' 7'' (2.54m x 1.70m) Spotlights, ceiling extractor fan, Obscured window to rear aspect, part tiled walls, tabletop sink with mixer tap over and storage below, free standing bath with wall mounted controls and handheld attachment over, ladder style towel radiator, wall mounted WC with hidden cistern, underfloor heating.
Patio/Garden: 11' 1'' max x 9' 8'' max (3.38m x 2.94m) Enclosed by fence, laid to patio slabs. Tenure: Leasehold - 119yrs remaining.
(125 years from March 2020) Service Charge: £1,615.84 per annum (including building insurance) Ground Rent: £230 per annum.
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.
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About 2Dbl Bed Garden Flat | Bournemouth Road, Lower Parkstone
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