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See how verdicts work2-bedroom flat · BH24 3FR
Listing removedReduced £10k (−3.6%) on 20 JunListed 241 days
Opportunity summary
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About
Built Circa 2019 | Open Plan Dual Aspect Kitchen, Dining and Sitting Room | Two Double Bedrooms with elevated views of Surrounding Areas | En Suite and Separate Bathroom | Top Floor Apartment | Two Allocated Parking Bays Introduction This beautifully presented two double bedroom apartment occupies the top floor of this contemporary development in Ringwood.
Built circa 2019 and benefitting from the remainder of the NHBC building warranty the property is positioned in an attractive position within Beaumont Park and enjoys far reaching views.
Flooded with natural light the apartment enjoys a modern open plan kitchen, dining and sitting room, two double bedrooms, en suite and separate bathroom, two spacious store cupboards, including an area suitable for laundry and two allocated parking bays.
A viewing is highly recommended and available by appointment only Entrance Two secure entrances to the building are located to the front and back for ground floor access to well-presented communal hallways with a carpeted staircase leading to the top (second) floor.
A landing area, enclosed by a fire door precedes the private front door to the apartment which occupies the entire top floor Hallway The private front door leads into a spacious ‘L shape’ hallway which provides access to all principal rooms.
The hallway houses two large storage cupboards including one which contains a washing/drier machine Open Plan Lounge/Kitchen/Diner Found to the end of the hallway and benefiting from two Velux windows as well as a second aspect double glazed window enjoying elevated views across local green areas.
Flooded with natural light the contemporary kitchen is fitted with white high gloss base units with a contrasting worktop and upstands.
Further comprising of a corner cupboard which houses the combi boiler, a integrated fridge freezer, dishwasher and oven with four ring gas hob.
Complete with a stainless steel sink and drainage board there is an open area suitable for a dining table and four chairs.
Furthermore this spacious room features wood effect flooring and has ample space for large sofa suites and free standing furniture as required Bedroom 1 The primary bedroom benefits from double glazed doors and a Juliet balcony sandwiched between windows enjoying far reaching views.
Complete with integrated wardrobes this spacious double room has ample space for free standing furniture and also benefits from an en-suite shower room.
Comprising of a walk in shower, WC and wash hand basin the contemporary ensuite also includes tiled splashbacks Bedroom 2 Bedroom two is also double in size bedroom with a window to the side aspect.
Again with ample space for free standing furniture including a desk, and drawer units this bedroom also features built in wardrobes Bathroom The separate bathroom occupies a central position and has been well maintained by the current owners.
Featuring a tiled wall behind a panelled bath with shower screen, a low-level WC and wash hand basin.
The flooring has been laid to the same tile effect vinyl as the en suite and the bathroom is complete with LED downlights and a ladder towel rail Externally A small development of six apartments, the property benefits from an open aspect over the adjacent green space.
Moments from the doorstep is a pathway which leads to a dog agility park and a children’s play park whilst the building benefits from communal bike storage Parking The property benefits from two allocated parking bays with additional visitors parking available Lease Info Leasehold – 147 year Lease Fees - £1400 P.A Ground Rent – £200 P.A Location Located in the popular semi-rural area on the edge of Hightown and Crow and within walking distance to, Hightown Lakes, the Castleman trailway and a popular country pub.
The property is extremely well positioned in a convenient location just a short distance from the popular and bustling market town of Ringwood.
Located on the western edge of the New Forest, at a crossing point of the River Avon, Ringwood’s popularity continues to increase thanks to its brilliant schools, pubs, restaurants and boutique shops.
Its superb location means it is perfect for those commuting to London whilst offering residents the chance to live a short distance from the beautiful local beaches with the wonderful open New Forest being on your doorstep Important Note These particulars are believed to be correct but their accuracy is not guaranteed.
They do not form part of any contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise, nor that any of the services, appliances, equipment or facilities are in good working order or have been tested.
Purchasers should satisfy themselves on such matters prior to purchase
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 45, Narrowleaf Drive, Ringwood
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