2-bedroom flat · BH1 3AW
For saleListed 1208 days
Opportunity summary
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About
A spacious first floor south-facing apartment, extending to approximately 1,140 sq ft, with superb sea views from conservatory style balcony, being in a most convenient location on Bournemouth's favoured East Overcliff within a short walk of the Beach yet within easy reach of Bournemouth town centre.
This rare apartment is situated in this popular development with direct access to East Overcliff Drive and just a short walk down to the seven miles of sandy beaches with level promenade alongside providing stunning coastal walks with far-reaching views.
Bournemouth town centre is within a short distance with its superb extensive shopping, recreational & entertainment facilities and the excellent quality eateries offered in the BH2 centre and around the town centre itself.
Constructed in 1961 Princes Gate is one of the finest blocks along the East Cliff and the quality and charm of the building is felt from the first impression of the marbled entrance foyers and art deco influence.
The building occupies a magnificent cliff top position and is superbly maintained with manicured gardens and direct access to the Overcliff itself.
The adjoining cliff top path gives access down to the level promenade and seven miles of sandy beaches stretching from Hengistbury Head in the east to the famous Sandbanks Peninsula in the west.
The building also benefits from a resident caretaker.
Bournemouth town centre is within an easy walk via the beautiful Pleasure Gardens, whilst the Travel Interchange is also easily accessible providing mainline railway services to London Waterloo in approximately 1 hour and 48 minutes.
Communications by car are also excellent with easy access to the A338 linking to the M27, M3 and beyond.
This delightful apartment is offered for sale in good condition and accommodation comprises: Reception Hallway, spacious Sitting/Dining Room with access to south-facing Conservatory Style Balcony enjoying Superb Sea Views, fitted Kitchen, two double Bedrooms both with built-in Wardrobes, Bathroom, separate Shower Room.
Ample Storage, Lift to Secure Underground Parking, superb communal Gardens with access to Overcliff. Visitor's parking.
Maintenance charge £1,800 per half year including central heating, building insurance, gardening and caretaker services. Long leasehold with Share of Freehold. Council Tax Band E; EPC Rating C.
Please Note: Holiday lettings & pets are not permitted in this building.
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 Grove Road, Bournemouth, Dorset, BH1
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