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See how verdicts work1-bedroom flat · BH19 2QY
Listing removedListed 144 daysAuction 23 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom first floor flat, of non-standard construction, in need of renovation throughout but offering a great investment opportunity.
Auction For sale by Public Auction and via Livestream on Thursday 23 July 2026 at 2pm at Merley House, Merley House Lane, Wimborne, Dorset BH21 3AA and via Livestream.
Register to bid in the room, online, by telephone or by proxy via our website. The Property A bright first floor flat, offering one bedroom, one reception room, kitchen and wet room.
Outside there is a rear garden and storage shed. The property requires complete renovation throughout, and enjoys far reaching views towards hills beyond the town.
Leasehold A new lease of 125 years will be granted upon completion Service charge: £2.60 per annum Buildings Insurance: £90 per annum Sinking fund: £693.17 per annum All charges are variable and subject to change Situation Located in the charming seaside town of Swanage, the flat is conveniently located close to local amenities and the high street and is circa 1 mile from the beachfront.
Nearby amenities include Swanage School, several eateries and a convenience store.
Swanage lies at the eastern tip of the Isle of Purbeck and is made up of an attractive mixture of old stone cottages and more modern properties all of which blend in well with the peaceful surroundings.
The town offers an eclectic range of amenities including Swanage Railway and a delightful sandy beach.
To the south is the Durlston Country Park which is renowned for being the gateway to the Jurassic Coast and the World Heritage Coastline.
Wareham is approximately 11 miles with further amenities and a mainline station to London Waterloo.
Agents Notes The property is of non-standard construction, and therefore raising a mortgage on the property is unviable. We recommend you take specialist advice before bidding.
The seller will be reclaiming their costs from the buyer. Please refer to the special conditions of sale in the legal pack for a full breakdown.
All interested parties should refer to the corporate sale information sheet in the legal pack.
Within 0.1m planning permission has been granted to erect 8 dwellings and associated access at Purbeck Heights, Priests Way full details available on Dorset Council Planning Portal ref 6/2020/0240.
What3Words ///swaps.firelight.sprains Services Mains gas, electricity, water and drainage. Gas central heating.
Ultrafast Broadband is available and there is mobile coverage in the area, please refer to Ofcom’s website for more details. Local Authority Dorset Council.
Council Tax Band A Solicitors Capsticks llp Winchester SO23 8SR
Value & comps
No previous sales on record.
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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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About 16, Quarry Close, Swanage
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