2-bedroom house · BH22 9FE
Listing removedReduced £32k (−17.8%) on 23 JunListed 137 days
Opportunity summary
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About
An immaculately presented and generous sized two bedroom, one bathroom, one shower room second floor retirement apartment with a lift and no chain.
Cherrett Court is a retirement living plus development constructed by renowned and award winning retirement developers McCarthy & Stone, which has been designed specifically for independent living for those aged over the age of 70.
There is also a 24 hour emergency Careline facility.
• A two bedroom second floor retirement apartment with a lift and no chain • Communal entrance hall with lift and stairs rising to the second floor • Spacious entrance hall with useful storage cupboard and airing cupboard • Generous size lounge/dining room with feature fireplace in the lounge area and ample space for dining table and chairs in the dining area • Kitchen incorporating roll top work surfaces with a good range of base and wall units, comprehensive range of built-in appliances to include four ring hob with extractor above, waist height oven with space for microwave above and concealed fridge and freezer • Bedroom one is a generous size double bedroom • Walk-in wardrobe with light, shelving and hanging space • En-suite shower room finished in a white suite incorporating a WC, pedestal wash hand basin, shower cubicle, fully tiled walls and vinyl flooring • Bedroom two is also a generous size bedroom • Wet room finished in a modern white suite incorporating a WC, wash hand basin with vanity storage beneath, panelled bath, walk-in shower area, fully tiled walls and vinyl flooring • Further benefits include: Double glazing, electric heating and no chain Car parking: • Parking is by allocated space, subject to availability, the fee is approximately £250 per annum.
Permits available on a ‘first come, first served’ basis • There is a fully equipped laundry room, mobility scooter store and a restaurant which has table service and has freshly prepared meals daily.
If friends and family wish to visit there is Guest Suite accommodation which can be booked (a small nightly charge applies).There is a 24 hour emergency call system provided by personal dependence and call points in the bedrooms and bathroom as well as an on-site manager 24 hours a day.
One hour domestic support per week is included within the service charge of Cherrett Court with additional services including care and support available at an extra charge Cherrett Court is conveniently located within easy access of Ferndown’s town centre.
Ferndown offers an excellent range of shopping, leisure and recreational facilities.
Leasehold: 125 Years from 2010 maintenance: £14,996.92 per annum ground rent: £435 per annum council tax band: D EPC rating: C 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
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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.
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Area
Agent & docs
FAQ
About 38, Cherrett Court, Ringwood Road, Ferndown
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