2-bedroom flat · BH15 1YE
For saleListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**35% shared ownership!** A modern two-bedroom second-floor apartment, ideally located just a short walk from local amenities including the shopping centre, hospital, bus and train stations, Poole Park, Baiter Park, and the Quay.
The property features a spacious dual-aspect lounge/diner with a Juliet balcony, a well-equipped fitted kitchen with generous storage and worktop space, and an integrated oven, hob, and extractor fan.
There are two good-sized double bedrooms, with built-in wardrobes to bedroom one, and a modern style bathroom.
Additional benefits include double glazing, gas central heating, a secure entry phone system, and one allocated off-road parking space.
This is an excellent opportunity for first-time buyers - call now to arrange your viewing!
Tenure: Leasehold- Lease 189 years from June 2005 - Approximately 168 years remaining Rent on 65% Share: £490.79 per month Service charge: £99.91 per month Insurance: £14.79 per month Management: £12.00 per month Total Monthly Payment: £617.49 (Effective from 1st April 2026) Full Market Value: £220,000 35% Share: £77,000 What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (up to 75%) and pay rent on the remaining share.
Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright.
Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
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
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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 Flat 7, 69, Newfoundland Drive, Dorset
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