1-bedroom flat · BH15 1UJ
Sold STCListed 131 days
Opportunity summary
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About
SUMMARY * No Forward Chain * A light, bright and airy purpose built second floor retirement apartment for the over 55's perfectly positioned close to Poole Park, the shopping centre and the bus station.
There is well-proportioned living accommodation on offer to include an 18ft approx. dual aspect lounge/dining room and a good size double bedroom.
THE PROPERTY Situated in a purpose built block for the over 55s, the property benefits from the peace of mind of a house manager, emergency pull cord system, as well as communal facilities including a residents' lounge, laundry room and guest accommodation.
The light, bright and airy well presented apartment comprises of an entrance hallway with airing/storage cupboard, dual aspect lounge/dining room, modern fitted kitchen, generous size double bedroom with fitted wardrobe and ample space for further bedroom furniture and a stylish modern shower room completes the accommodation.
Outside this popular development is set within very well maintained communal grounds and there is residents'/visitors' parking on a first come first served basis.
Poole Park, the Dolphin shopping centre, the main bus/coach station and a main line London railway station are all a short walk away.
The property is offered for sale with the benefit of No Forward Chain. Lease: 53 years remaining. Ground Rent: approx. £474 every 6 months. Service Charge: approx. £2257 payable every 6 months.
ENTRANCE HALL LOUNGE/DINING ROOM 18' x 10' 6" (5.49m x 3.2m) KITCHEN 7' 6" x 5' 6" (2.29m x 1.68m) BEDROOM 16' 1" into wardrobe space x 8' 10" excluding recess (4.9m x 2.69m) SHOWER ROOM 7' x 5' 6" (2.13m x 1.68m)
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 Seldown Road, Poole
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