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See how verdicts work1-bedroom flat · BH15 2FR
For saleReduced £35k (−23.3%) on 22 JulListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Luxury one bedroom retirement flat for the over 70's located opposite Poole Park with stunning views from the communal areas.
The apartment has a private balcony, fitted kitchen, spacious lounge/diner and wet room. No forward chain.
Horizons is a 'flagship' development built by renowned retirement developers McCarthy and Stone and completed in 2017.
Designed for 'Retirement Living Plus', it has the latest in stylish living for the over 70's and includes a restaurant serving very affordable 3 course lunch time meals daily, Homeowners' lounge, and communal areas including a library, games room and viewing decks to enjoy the best of the breathtaking views, landscaped gardens and a guest suite available for family and friends who might who wish to stay (additional charges apply).
For peace of mind, there is an Estate Manager and staff on site and 24-hour emergency call system provided via a personal pendant alarm and with call points in the bathroom.
Facilities and services include a sociable restaurant, an hour's cleaning every week – more if you want it (charges apply) there is also a hair salon.
While the beautiful communal areas are designed to become buzzing social hubs, your retirement home is owned by you, and is totally self-contained.
It's the perfect blend of privacy, community and support. Horizons is a stunning development situated in Poole, with its town best known for its natural harbour and exquisite beaches.
The development offers fantastic views of this stunning natural landscape while a busy quay with a variety of eating establishments is found nearby.
Conveniently located within 400 metres of Poole High Street, this development is in a prime, central location with local amenities within easy reach and a reliable bus service connects Poole with surrounding areas.
This apartment is finished to an outstanding specification with a fully fitted kitchen to include a dishwasher, fridge freezer and oven/hob.
The lounge is a lovely size with space to fit a small dining table and door leading to the balcony.
Also offering a generous entrance hall, fully fitted kitchen, generous double bedroom with walk-in wardrobe and door to the balcony.
Added benefits include under floor heating system powered by a central gas boiler providing low cost heating and Nuaire heat recovery system designed to provide optimised balance (supply & extract) mechanical ventilation with heat recovery.
The property comes with no forward chain. Leasehold - Approximately 989 years remaining. Service charge - £10135.56 per annum. Ground rent - £435 per annum.
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.
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FAQ
About Flat 16 Horizons, 87, Churchfield Road, Poole
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