2-bedroom flat · BH14 8SZ
For saleListed 140 days
Opportunity summary
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About
Olympus is an exceptional development of just seven spacious and beautifully refurbished apartments by Ankers and Rawlings, a highly regarded local firm.
It is located in this sought after sylvan setting in the heart of Lower Parkstone, less half a mile from Ashley Cross.
Noteworthy features include a secure underground car park with remote control gate, where each apartment has one or two spaces and the development is pet friendly.
Other added benefits include a lift to all floors and security video entryphone system.
All the apartments are superbly finished to a high quality specification with fully fitted luxury kitchens having integrated Siemens appliances, stylish bespoke furniture in all bedrooms, stunning contemporary bathrooms and ensuite shower/bathrooms, double glazing, gas fired underfloor heating and particularly attractive flooring.
They all have either balconies or large sun terraces and have harbour views across the treetops of Lower Parkstone.
Apartment seven is a stunning duplex penthouse apartment with a fabulous southerly sun terrace, enjoying truly beautiful views over the treetops and rooftops of Lower Parkstone, taking in a good portion of Poole Harbour and Brownsea Island with the Isle of Purbeck beyond.
It has a large open plan lounge/kitchen/dining room with breakfast bar and useful utility cupboard.
From this lifestyle room there are wide sliding patio doors leading to the sun terrace and adjacent double glazed panel windows providing an extremely bright space.
On the lower floor, the master bedroom once again has right angled double glazing including sliding patio doors leading to a large wraparound balcony with Glass balustrade.
The main bathroom is Jack and Gill two bedroom two and includes a large separate shower cubicle. Both bedrooms have a good range of fitted furniture including wardrobes and drawers.
The heating on this floor is via radiators rather than underfloor.
• Stunning duplex penthouse with two double bedrooms, both with stylish bespoke fitted furniture • Outstanding views over trees and rooftops to Poole Harbour with the Isle of Purbeck beyond • Large southerly sun terrace with glass balustrade affording wonderful views • Newly refurbished development of just 7 apartments with secure underground parking and private storerooms • Security video entryphone system; lift to all floors including car park level • Gas fired underfloor heating with radiators on one floor and newly installed double glazing • Fully refurbished to an exacting specification throughout by highly regarded local developers Ankers and Rawlings • Stylish bathroom and en suite shower room with rak and Duravit sanitary ware and tapware Ashley Cross offers a wide selection of shops, bars, restaurants as well as a mainline railway station and a central open “Village Green” where there are regular entertainment events held throughout the year.
Other local leisure facilities include the superb Poole Park, Parkstone Golf Club, various marinas, Whitecliff Park, Compton Acres Gardens, and of course the beautiful sandy bathing beaches that the area is famous for, all of which are within easy reach of Olympus.
Council Tax Band: E EPC Rate: B Tenure – Leasehold with share of freehold Estimated Maintenance Charge £2619 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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About Flat 7 Olympus, Highmoor Road, Poole
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