1-bedroom house · BH14 9HA
For saleReduced £15k (−18.8%) on 13 JulListed 203 days
Opportunity summary
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About
This one double bedroom, purpose built, first floor retirement apartment is situated in a most convenient residential street close to numerous shops and amenities as well as bus stops with routes to both Poole and Bournemouth.
Vendors suited. Please refer to our floorplan for room measurements. Downy Court is friendly and desirable retirement home developement located on the main bus routes to Bournemouth & Poole.
With entrances at both the front and rear there are lifts and stairs to all floors. Apartment 21 can be found on the first floor.
The L shaped entrance hall has an airing cupboard with ample storage and leads to a pleasant sitting room which has a large double glazed window to the front and an electric fire with feature surround which will remain.
Just off from this room you’ll find the kitchen which has a range of fitted units with an integrated oven with electric hob. There is space for a tall standing fridge/freezer.
The bedroom, with an impressive feature portal style window, is a spacious double room with a large fitted wardrobe behind sliding mirror fronted door.
The fully tiled modern shower room has a shower cubicle with wall mounted electric shower, wash hand basin, low level wc and a heated towel rail.
Service Charge - £2600 per annum Ground rent - £190 per annum Tenure - Leasehold, 125 years from 1995 Outside - Downy Court is situated on Bournemouth Road with access to the communal car park for vehicles at the rear via Florence Road.
The block benefits from a communal residents lounge, conservatory, laundry room and a communal garden. There is a house manager available at the development Monday - Friday.
Warden assistance is available via the pull cords providing an intercom service for residents. Minimum age requirement for Downy court is 65.
This development is managed by First Port Services and each apartment pays a service charge towards the upkeep of the development and salary of the onsite House Manager.
All communal areas maintained by this charge and this also includes all external maintenance of the building and also gardening work.
Servicing of lifts and safety and security systems are covered by this charge.
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
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FAQ
About 21 Downey Court, 154-166, Bournemouth Road, Poole
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