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See how verdicts work1-bedroom flat · BH24 1HW
For saleListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique three storey one bedroom purpose built maisonette with spacious accommodation in the heart of Ringwood centre.
Summary of Accommodation *GROUND FLOOR EXERNAL COVERED RECEPTION AREA* INTEGRAL UTILITY STORE* PERSONAL FRONT DOOR* FIRST FLOOR KITCHEN AND LIVING ROOM * SECOND FLOOR BEDROOM AND BATHROOM* ELECTRIC HEATING* DOUBLE GLAZING* GOOD DECORATIVE PRESENTATION* PARKING AVAILABLE* USE OF COMMUNAL GARDENS* DESCRIPTION AND CONSTRUCTION: Tower Flat forms part of a popular residential development of maisonettes, apartments and houses, built in the early 1960s to traditional standards with mellow brick elevations under a tiled roof.
The present owners have maintained the property to a very good standard.
Features include a modern kitchen and bathroom, electric heating, double glazing, well proportioned accommodation with a clever use of external covered storage and reception area.
AGENTS NOTE: IN OUR OPINION, TO FULLY APPREICATE THE SIZE AND INDIVIDUALITY OF THE PROPERTY, AN INTERNAL VIEWING IS STRONGLY RECOMMENDED.
SITUATION: Tower Flat is centrally located within level walking distance of the market town of Ringwood which offers a weekly street market, in addition to comprehensive shopping, leisure and educational facilities.
The A31 and A338 provide road links to Bournemouth 12 miles, Southampton 16 miles and Salisbury 18 miles. The open New Forest is with 2 miles distance.
DIRECTIONAL NOTE: From the main Ringwood roundabout, adjacent to the town centre car park, leave in an easterly direction along Southampton Road.
Take the immediate turning left opposite the entrance to Carvers recreation field into Linden Gardens.
Take the first turning right onto a private drive and follow this driveway up a small incline into a courtyard area which has parking and communal gardens.
The entrance to Tower Flat is located in the left hand corner at the head of the gravel drive/parking area THE ACCOMMODATION COMPRISES: Arched entrance to:- EXTERNAL RECEPTION AREA: 12’9” (3.91m) x 10’4” (3.17m) Dual aspect to the south and west.
Wall light point. Internal arch and door to:- UTILITY/STORE AREA: 9’4” (2.87m) x 12’1” (3.70m) Light and power. Integral understairs storage cupboard.
FROM EXTERAL RECEPTION AREA UPVC DOUBLE GLAZED DOOR TO:- INNER HALL: Straight flight staircase to:- FIRST FLOOR LANDING: Aspect to the north with double glazed window. Electric heater.
Door way to:- KITCHEN: 8’2” (2.51m) x 8’6” (2.62m) Aspect to the norther with double glazed window.
Comprehensive range of custom built kitchen units comprising wall to wall roll top laminate work surface with inset single bowl, single drainer stainless steel sink unit with h & c tap, floor cupboard beneath.
Cupboards housing washing machine and tumble dryer. The work surface extends along the return wall and incorporates four burner induction hob, pan drawers beneath. Integrated dishwasher.
Corner unit with carrousel shelving. Electric oven, grill and combination oven, cupboards above and beneath. Integrated larder fridge/freezer. Contemporary three speed extractor hood.
Range of eye level cupboards. Above counter lighting plus downlights.
FROM THE FIRST FLOOR LANDING DOOR TO:- LIVING ROOM: 16’4” (4.99m) maximum narrowing to 12’9” (3.89m) x 13’1” (4m) maximum into door recess narrowing to 10’3” (3.14m) Dual aspect to the south and west.
Two electric heaters. Downlights, TV point. FROM THE LIVING ROOM STRAIGHT FLIGHT STAIRCASE WITH CIRCULAR WINDOW TO THE EAST. SECOND FLOOR LANDING: Aspect to the north. Hatch to loft area.
Door to:- BEDROOM: 14’4” (4.39m) x 13’10” (4.24m) maximum into door recess narrowing to 11’10” (3.62m) Dual aspect to the south and west. Electric heater.
Without loss of measurement to the room wall to wall, floor to ceiling mirror fronted triple built in wardrobe with hanging rail and shelving.
Additional double built in wardrobe, plus single built in wardrobe. Downlights. FROM THE SECOND FLOOR LANDING DOOR TO:- BATHROOM/W.C: 8’2” (2.50m) x 5’8” (1/75m) Dual aspect to the north and west.
Attractive tiled walls complimenting the white suite comprising pea shape bath with h & c mixer, electric shower, glazed shower screen.
Wash basin set in vanity surround with h & c mixer, double cupboard beneath. Close coupled low level w.c. Chrome ladder style vertical heated towel rail.
Full height airing cupboard housing lagged hot water cylinder, immersion heater and slatted shelves. OUTSIDE: Parking on ‘grace and favour’ basis. Use of communal gardens to the front of the property.
LEASE: Originally commenced on 18th December 1963 for 189 years with 126 years currently remaining.
COUNCIL TAX BAND: B EPC LINK: Consumer Protection from Unfair Trading Regulations 2008 These details are for guidance only and complete accuracy cannot be guaranteed.
If there is any point, which is of particular importance, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate.
No guarantee can be given with regard to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested.
Items shown in photographs are NOT necessarily included. Interested Parties are advised to check availability and make an appointment to view before travelling to see a property.
The Data Protection Act 1998 Please note that all personal information provided by customers wishing to receive information and/or services from the estate agent will be processed by the estate agent, the team Association Consortium Company of which it is a member and team Association Limited for the purpose of providing services associated with the business of an estate agent and for the additional purposes set out in the privacy policy (copies available on request) but specifically excluding mailings or promotions by a third party.
If you do not wish your personal information to be used for any of these purposes, please notify your estate agent.
For further information about the Consumer Protection from Unfair Trading Regulations 2008 see
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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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.
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About Orchard Mount, Ringwood, BH24
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