2-bedroom flat · BH4 9ES
For saleListed 345 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom third floor retirement apartment Homewaye was constructed by McCarthy & Stone (Developments) Ltd and comprises 69 properties arranged over 6 floors each served by lift.
The House Manager can be contacted from various points within each property in the case of an emergency.
For periods when the House Manager is off duty there is a 24 hour emergency Careline response system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years. Accommodation With illuminated light switch, power point. Emergency intercom/pull cord. Ceiling light point.
Coved and textured ceiling. Airing cupboard housing the insulated hot water cylinder with electric immersion heater and electric meters.
From the entrance hall a partly glazed door leads to the Living Room TV aerial point. Wall light points. Power points. Coved and textured ceiling.
Kitchen Tiled and fitted with stainless steel sink unit, a range of wall and floor cupboards with single drainer and worktop space. Space for refrigerator. Coved and textured ceiling. Power points.
Bedroom One Built in wardrobe. Power points. Coved and textured ceiling. Ceiling Lights.
Bedroom Two Built in Wardrobe, power points Bathroom Fully tiled and fitted with suite comprising bath with hand grip, electric shower and emergency push button, WC with low level flush and vanity unit with fitted wash hand basin.
Electric wall heater. Extractor fan. Coved and textured ceiling. Heated towel rail.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 53, Homewaye House, Westbourne
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