2-bedroom property · BH1 1AR
For saleListed 1 dayAuction 24 Nov · in 31 days
Opportunity summary
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About
Mid Floor Flat A two-bedroom flat in Bournemouth. The accommodation comprises an open plan living room/kitchen, two bedrooms and a bathroom. The property features a Juliet balcony.
This is an established rental property located near to Bournemouth town centre. AUCTIONEERS NOTE We are advised the property achieves a rental income of £1550 per month and £18,600 per year.
ACCOMMODATION Living Room/Kitchen: 5.80m x 4.90m Bedroom One: 3.80m x 2.50m Bedroom Two: 3.80m x 2.90m Bathroom: 2.10m x 1.80m FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website.
All published information is to aid identification of the property and is not necessarily to scale. VIEWINGS Regular block viewing sessions will be provided in the lead up to the auction.
Please telephone Auction House South West on 03456 461361 to request a viewing.
NOTICE TO BIDDER Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction. Tenure: Leasehold EPC Rating: C76
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 53 The Citrus Building 24 Madeira Road, Bournemouth, Dorset, BH1 1AR
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