2-bedroom flat · BH22 0JL
Listing removedListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor purpose-built apartment occupies an extremely convenient position in the heart of West Moors only yards from local shops and amenities.
The flat is accessed via a communal hallway and stairs set above various commercial properties, with accommodation comprising two bedrooms served by a stylish modern shower room with fully tiled walls, a modern kitchen and a spacious lounge/dining room with ample space for a table and chairs, adjacent to the kitchen.
Other benefits include gas central heating with radiators, double glazing, hatch to the loft space, allocated parking and an extended lease with 152 years remaining.
• Shared hallway, with integral hall and external fire escape • Entrance hall with hatch to the loft, door to a cupboard housing the hot water tank and slatted shelving • Lounge/dining room measuring approximately 18ft, with two windows • Modern kitchen comprising fitted units and adjoining worktop, sink unit, space and plumbing for a washing machine and tall standing fridge/freezer, cupboard housing a gas-boiler, integrated oven, inset electric hob and part tiled walls • Bedroom one with double glazed window • Bedroom two with double glazed window • Shower room finished in a modern suite comprising shower cubicle with bi fold door, WC, wash hand basin with vanity storage beneath, tiled walls and flooring • One allocated parking space and space for visitors parking Lease: 189 years from 1988 (approximately 152 years remaining) Maintenance: £2,122.22 for the year 2025/2026 (however the owner received a credit of £446.88 when accounts were finalised) Ground Rent: None Pets are permitted 6 months minimum letting permitted council tax band: B EPC rating: D agents notes: The heating system, mains and appliances have not been tested by Hearnes Estate Agents.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive.
Whilst reasonable endeavours have been made to ensure that the information in our sales particulars are as accurate as possible, this information has been provided for us by the seller and is not guaranteed.
Any intending buyer should not rely on the information we have supplied and should satisfy themselves by inspection, searches, enquiries and survey as to the correctness of each statement before making a financial or legal commitment.
We have not checked the legal documentation to verify the legal status, including the leased term and ground rent and escalation of ground rent of the property (where applicable).
A buyer must not rely upon the information provided until it has been verified by their own solicitors.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Crossways, Farm Road, Ferndown
Explore nearby