1-bedroom flat · BH14 8UH
For saleListed 4 days
Opportunity summary
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About
Situated on the 2nd floor of a well maintained retirement complex in the highly sought after Ashley Cross area, this one bedroom flat offers an excellent opportunity for over 60s looking to create their perfect home.
With no onward chain and in need of modernisation, this property presents a fantastic chance for buyers to personalise the space to their own taste.
Boasting a generous reception room, a practical kitchen, and a lease with 58 years remaining, this flat is an ideal retirement residence.
Residents also benefit from a large communal lounge, laundry facilities, well-kept gardens, and convenient parking on a first come, first served basis.
Ashley Cross is one of the most desirable locations in the area, known for its vibrant community and charming village atmosphere.
With boutique shops, cafes, and restaurants all within walking distance, residents enjoy a lively yet relaxed lifestyle.
The area benefits from excellent transport links, making it easy to reach nearby towns and the coast.
The friendly social scene in Ashley Cross also fosters a strong sense of community, particularly appealing to the over 60s demographic.
Whether you’re looking for peaceful walks along the nearby waterfront or lively local events, this location offers it all.
Homelake House Situated on the 2nd floor of a well maintained retirement complex in the highly sought after Ashley Cross area, this one bedroom flat offers an excellent opportunity for over 60s looking to create their perfect home.
With no onward chain and in need of modernisation, this property presents a fantastic chance for buyers to personalise the space to their own taste.
Boasting a generous reception room, a practical kitchen, and a lease with 58 years remaining, this flat is an ideal retirement residence.
Residents also benefit from a large communal lounge, laundry facilities, well-kept gardens, and convenient parking on a first come, first served basis.
Ashley Cross is one of the most desirable locations in the area, known for its vibrant community and charming village atmosphere.
With boutique shops, cafes, and restaurants all within walking distance, residents enjoy a lively yet relaxed lifestyle.
The area benefits from excellent transport links, making it easy to reach nearb...
Entrance Hall 3.22m x 0.92m (10' 7" x 3' 0") Access to all principle rooms, door to a storage cupboard housing hot water cylinders.
Living Room 5.35m x 3.11m (17' 7" x 10' 2") Spacious room, front and side aspect double glazed windows, arch leading through to the Kitchen.
Kitchen 2.24m x 2.12m (7' 4" x 6' 11") fitted kitchen with a range of matching wall mounted and base units with work surfaces over, inset stainless steel sink unit with mixer tap, space for cooker, front aspect double glazed window, space for undercounter appliances.
Bedroom 4.35m x 2.56m (14' 3" x 8' 5") Spacious double room, front aspect double glaze window, range of fitted bedroom furniture, two wall light points.
Bathroom 2.17m x 1.66m (7' 1" x 5' 5") Low flush WC, wash hand basin with pillar taps, fitted mirror with light over, walk in bath with electric shower over, tiled walls.
Additional Information Lease: 58 Years unexpired GR: £500 per annum Annual Maint: £4100.00 Per annum Retirement Block. For over 60s Only
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
Agent & docs
FAQ
About Station Road, Ashley Cross, Poole, BH14
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