2-bedroom flat · BH5 2HT
Listing removedReduced £10k (−10%) on 6 FebListed 306 days
Opportunity summary
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About
*Guide Price £90,000–£110,000* shared ownership - two double bedroom second floor apartment within walking distance of award-winning southbourne beach & just moments from Southbourne Grove & nearby pokesdown train station with direct links to London, good size living room, good size separate kitchen with serving hatch, bathroom & a separate W/C, storage, benefits from an allocated off-road parking space, a long lease & secure entry phoe system.
An ideal purchase for first-time buyer to get on the property ladder Introduction This two double bedroom apartment is situated on the first floor of a well-maintained development, within walking distance of award-winning Southbourne Beach, the vibrant Southbourne Grove, and nearby Pokesdown train station offering direct links to London.
Offered on a 50% shared ownership basis with a small rental payment of £195pcm to Sovereign Network Group, this property represents an ideal opportunity for a first-time buyer looking to get onto the property ladder.
Further benefits include an allocated off-road parking space, a newly extended long lease, a secure entry phone system and a convenient location close to local shops, transport links, and the coast.
A viewing is highly recommended to appreciate the potential and location of this appealing home Internally The apartment comprises; an inviting entrance hallway with two built-in storage cupboards, a spacious living room with space enough to create a dining area, a good-sized separate kitchen with a serving hatch, electric oven, induction hob, with space and plumbing for a washing machine and a full height fridge-freezer.
There are two double bedrooms with built-in wardrobes in bedroom one that also boasts a more generous size, a bathroom with a vanity wash basin and shower over the bathtub and a separate WC for privacy and convenience.
The property may benefit from a little updating, allowing the new owner to put their own stamp on it to create their ideal home Location Situated in a central location for access to popular Southbourne Grove with local shops, bars, bistros and community driven cafes.
Within walking distance of award-winning Southbourne beach and Pokesdown train station with direct links to London Directions From Pokesdown train station head along Seabourne Road towards Southbourne Grove.
Melbourne Court will be located on your left hand side, turn left into the building car park where you will find your allocated parking space Entrance Hallway Living Room (14' 2'' x 12' 8'' (4.31m x 3.86m)) Kitchen (13' 7'' x 6' 0'' (4.14m x 1.83m)) Bedroom One (11' 0'' x 10' 7'' (3.35m x 3.22m)) Bedroom Two (10' 7'' x 7' 5'' (3.22m x 2.26m)) Bathroom WC EPC Rating C Tenure Leasehold, 157 years remaining.
Service Charge, £1380.00 pa, incl ground rent.
Shared Ownership, Rent, £195.00pcm Meyers Properties For the opportunity to see properties before they go on the market like our page on Facebook - Meyers Estate Agents Southbourne and Christchurch Important Note: These particulars are believed to be correct but their accuracy is not guaranteed.
They do not form part of any contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise, nor that any of the services, appliances, equipment or facilities are in good working order or have been tested.
Purchasers should satisfy themselves on such matters prior to purchase
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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FAQ
About Flat Flat 10, 46, Seabourne Road, Bournemouth
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