1-bedroom house · BH22 8HF
Listing removedListed 339 days
Opportunity summary
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About
This superbly presented ground floor apartment occupies an extremely convenient position in this popular over 60’s retirement block situated only 200 metres from a level walk to Ferndown shops, facilities and regular bus routes.
The apartment has been thoughtfully modernised and re-decorated throughout comprising a double bedroom with built in wardrobe, stylish fully tiled shower room with dual width cubicle, spacious lounge/dining room with a patio door to a section of patio that can conveniently be used as a private entrance without having to go through the communal spaces and a superb modern grey gloss fitted kitchen.
St Marys Mews provides the security of an onsite site manager (9am – 5pm) with a 24 hour careline response system together with a residents lounge, conservatory kitchen and visitors overnight room.
• Front door leads to the entrance hall with a large storage/airing cupboard housing the hot water tank and pressurized cylinder with slatted shelving, wall mounted security intercom system • Well presented and well proportioned lounge/dining room with double glazed door and full height windows to the front aspect giving access to a private patio with views over the communal gardens which.
This could be also used for access to the flat without having to enter the flat via the main entrance.
Ornate mantle with marble effect backdrop and hearth, space for table and chairs, glazed doors leading through to the kitchen • Recently re-fitted light grey gloss fitted kitchen comprising base and wall mounted units with soft close drawers and cupboards, single drainer sink unit with mixer taps, granite effect fitted worktops with tiled splashbacks, space and plumbing for a washing machine, integrated tall standing fridge freezer, integrated Bosch oven with 4 ring electric hob above with extractor canopy over, tiled flooring • Bedroom with a double glazed window to the front aspect, fitted wardrobe with double doors, hanging space and shelving above • Beautifully re-fitted bespoke shower room comprising walk-in dual width shower cubicle with sliding glazed doors and glazed partition, chrome mixer tap and shower attachment, vanity unit with inset wash hand basin, WC, extractor fan, chrome heated towel rail, fully tiled walls with decorative mosaic central tiling Lease: 99 years from 1/8/1989 Maintenance: Tbc Ground Rent: Tbc council tax band: C 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
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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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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About St Marys Mews, Fernlea Avenue, Ferndown
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