Studio flat · BH24 3BE
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Opportunity summary
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About
A well-presented ground floor studio flat located within a popular development with residents parking. No pets. Non Smokers. Available early December.
Summary of Accommodation * OPEN PLAN LOUNGE/BEDROOM * KITCHEN * BATHROOM/W.C.
* ELECTRIC HEATING * DOUBLE GLAZING * RESIDENTS PARKING * COMMUNAL GARDENS * DESCRIPTION AND CONSTRUCTION 31 Willow Drive is timber framed with facing brick elevations under a tiled roof.
The property benefits from double glazing, modern kitchen & bathroom, residents parking & communal gardens.
SITUATION 31 Willow Drive is situated in the middle of this popular residential development within a mile of Ringwood Centre, which offers a weekly street market in addition to comprehensive shopping, leisure & educational facilities.
The A31 & A338 provide road links to the main centres of Bournemouth 12 miles, Southampton 16 miles & Salisbury 18 miles. The open New Forest is within 2 miles distant.
DIRECTIONAL NOTE From the main Ringwood roundabout, adjacent to the town centre car park, leave in a southerly direction along the Mansfield Road, passing through 2 sets of pedestrian traffic lights.
At the first mini-roundabout, adjacent to Greyfriars community centre, bear left into the Christchurch Road, continue over 2 roundabouts & take the first turning left into Willow Drive.
As the road bears around to the right the block of apartments, of which 31 forms part, is half way along on the left hand side.
THE ACCOMMODATION COMPRISES: COMMUNAL FRONT DOOR TO: COMMUNAL ENTRANCE HALL, PERSONAL FRONT DOOR TO: LIVING/BEDROOM: 16’3” (4.97m) x 9’9” (2.98m) narrowing to 8’1” (2.48m). Aspect to the south.
Double glazed picture window overlooking communal gardens. Wall mounted panel heater. T.V. & telephone points. Smoke detector. Fuse box at ceiling height.
Door to: KITCHEN: 7’9” (2.37m) x 5’9” (1.75m). Aspect to the north. Double glazed picture window overlooking communal parking.
Units comprise wall to wall, roll top laminate work surface with inset single bowl, single drainer stainless steel sink unit with h & c mixer.
Washing machine with plumbing connected (not to be replaced if fails). Adjoining floor storage cupboard. The work surface extends on the return wall. Further drawer & floor storage cupboard.
Additional matching work surfaces. One single & one double eye level store cupboards. Fridge (not to be replaced if fails). Ceramic tiled wall surround. Smoke detector.
Slim full height broom cupboard. FROM THE LIVING/BEDROOM AREA, DOOR TO: INNER LOBBY: Aspect to the north. Frosted double glazed window.
Circular white sink unit set in vanitory surround with h & c monoblock. Ceramic tiled wall surround. Double floor storage cupboard beneath.
Adjoining full height double built-in airing cupboard housing lagged hot water cylinder with dual immersion heater & slatted shelves.
FROM THE INNER LOBBY, DOOR TO: FULLY TILED BATHROOM: Aspect to the north. Frosted double glazed window. White suite comprising close coupled low level w.c.
Panelled bath with h & c mixer, separate Mira Vie electric shower unit. Glazed shower screen. Dimplex wall heater.
OUTSIDE: The property has allocated parking for one vehicle, plus additional visitor parking & the benefit of the use of the communal gardens, which are pleasantly retained by evergreen hedging, there is also an external bin store.
AGENTS NOTE: NON SMOKERS, NO PETS. ALL FEES SHOWN INCLUSIVE OF VAT, HOLDING FEE £100 WHICH IS DEDUCTABLE FROM THE FIRST MONTHS RENT.
DEPOSIT £675.00 COUNCIL TAX BAND: A 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.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About Willow Drive, Ringwood, Hampshire, BH24
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