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See how verdicts work2-bedroom flat · BH15 1EP
For saleReduced £14.9k (−7.5%) on 16 OctListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well cared for and immaculately presented fourth floor, two double bedroom, two bathroom apartment with open plan kitchen/living room including a Juliet balcony that catches the afternoon sun, secure underground parking, all within 500 metres of Poole Town Centre and the Harbour.
The property has been looked after and offers a modern kitchen with integrated appliances, built in wardrobes, two extra storage cupboards, double glazing, plantation shutters in both bedrooms and electric radiator heating.
The block has a security entryphone system, well kept communal areas and a passenger lift to all floors, including the parking area.
• Well presented first floor, 2 double bedroom apartment, set in a superb location in Poole Quarter • Passenger lift servicing all floors, including the parking area • Spacious kitchen/dining/kitchen with full height doors to the Juliet balcony • Modern kitchen fitted in a range of units with work tops over and integrated appliances to include, oven, hob, extractor, dishwasher, wine fridge and space for free standing fridge/freezer • Master bedroom with a double and single built in wardrobe • Ensuite shower to the master bedroom and further family bathroom • Secure underground parking space (75) and lock up bike store • Double glazing and electric heating via controlled radiators • Plantation shutters in both bedrooms • Large storage cupboard with washing machine (can be included in the sale) • Entry phone system and well-kept communal hallways serving all floors • Excellent location being close to Baiter Park, Poole Town Centre, Poole Quay and Poole Park The apartment is set in a quiet location but at the same time has everything on the doorstep in the town centre such as shops, restaurants, bars and walks along the harbour and around Poole Park.
Poole Park is just 500 metres away and Poole Quay is less than ½ a mile away offering leisure boat cruises around the Purbecks and a wide range of cafés, bars and restaurants.
Lease: 125 years from 2005 Maintenance: £3000 per annum per annum to include communal cleaning and gardening, all water and sewage bills, managing agent fees, grounds maintenance, lift servicing, sinking fund contribution, development caretaker, window cleaning and many more Ground Rent: £300 Parking Bay: 75 Council Tax Band: C EPC Rating: C
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.
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FAQ
About Flat 11, 8, Avenel Way, Poole
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