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See how verdicts work2-bedroom flat · BH21 1WW
Sold STCListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A brand new retirement village situated close to the town centre and the River Stour including one and two bedroom apartments as well as bungalows and chalets.
This attractive retirement village consists of 25 one bedroom retirement apartments and 43 two bedroom retirement apartments (for the over 70’s) and 32 bungalows/chalets (for over 65s), conveniently located within easy reach of the town centre.
Spacious, light and contemporary, all McCarthy & Stone retirement properties are designed to a high specification with high quality fixtures and fittings throughout and benefiting from onsite staffing 24 hours a day.
The apartments are centred around a village green and just off the green there is also a wellness zone offering health and fitness studios, hair & beauty salon, a bistro, a sociable homeowners lounge and a rural walking trail around the Development.
• 999 year lease • Service charge (£9,123.97 per annum for one bed apartments & £12,461.63 per annum for two bed apartments) • Double glazing to all windows • Balcony or patio to selected apartments • NHBC 10 year warranty • Telephone, television point in bedroom and living room and Sky/Sky+ connection point also in living room • Car parking (at an additional charge) • Fitted kitchen with integrated hob, extractor hood and black Silgranit composite sink • Fitted shower room with high quality white sanitary ware, fixed mirror, shaver socket, heated towel warmer and tiled flooring • Heating with electric panel warmers • Chrome door furniture and fittings • Door camera entry system, 24 hour emergency call system with personal pendant alarm, intruder alarm and smoke detector • Illuminated light switches to hall, bedroom(s), shower room and additional WCs The Development is just a short distance from Wimborne town centre and the nearby nature reserves with riverside walks and easy access routes to Ferndown, Broadstone and the neighbouring towns of Ringwood, Bournemouth and Poole.
AGENTS NOTES: The heating system, mains and appliances have not been tested by Hearnes Estate Agents. Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
Whilst reasonable endeavours have been made to ensure that the information in our sales particulars are as accurate as possible, this information has been provided for us by the seller and is not guaranteed.
Any intending buyer should not rely on the information we have supplied and should satisfy themselves by inspection, searches, enquiries and survey as to the correctness of each statement before making a financial or legal commitment.
We have not checked the legal documentation to verify the legal status, including the leased term and ground rent and escalation of ground rent of the property (where applicable).
A buyer must not rely upon the information provided until it has been verified by their own solicitors.
Value & comps
No previous sales on record.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 The Old Market, Wimborne, BH21 1WW
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