1-bedroom flat · BH4 8EG
Sold STCListed 105 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Granville Works is a beautifully designed, unique warehouse style development of one and two bedroom apartments.
Recently constructed with incredible attention to detail by a highly regarded local family developer, and built to an exceptional standard with distinct architectural features.
The homes have been fitted with state of the art, energy efficient, air source heat pumps utilising low carbon renewable energy.
Apartments on the ground floor benefit from their own private outside areas with access onto the landscaped communal grounds whilst the first floor apartments are split level with striking vaulted ceilings.
All the homes benefit from high specification kitchens and bathrooms, along with integrated appliances.
The development is situated within the heart of Westbourne, renowned for its laid-back ambiance and coffee scene, diverse eateries and boutique shops together with the usual high street names such as Marks and Spencer food hall is also within a stroll away.
Award winning beaches are just a short walk away, these can be accessed via a picturesque chine walk which meanders down to the beachfront where in one direction you can walk to Bournemouth Centre and in the opposite direction is the world-famous Sandbanks Peninsula and Poole Harbour.
Access to London and the Southwest are within easy reach with an excellent rail and bus network with mainline stations available in Bournemouth, Poole and Branksome Station.
Tenure – Share of freehold Length of lease-TBA Service Charge - Approximately £1,100.00 per annum Lettings-Long term allowed NO HOLIDAY LETS Utilities – Mains Electric & Water Drainage – Mains Drainage Broadband – Refer to Ofcom website Mobile Signal – Refer to Ofcom website Council Tax – Band TBA EPC Rating - TBA
Value & comps
No previous sales on record.
Returns
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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 46 R L Stevenson Avnue, Bournemouth, BH4
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