2-bedroom flat · BH22 9FH
Listing removedListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This conveniently located and generous sized two double bedroom, one bathroom, one shower room ground floor garden apartment has its own private patio, car port space and an allocated secure store room.
The Gables in conveniently located approximately 500 metres from Ferndown’s town centre. The Gables was originally constructed by Pennyfarthing Homes and this particular apartment was the show flat.
The property is sold with a share of the freehold and now comes to the market offered with no onward chain.
• A two double bedroom ground floor garden apartment with a share of the freehold and no chain • Communal entrance hall • Entrance hall with double coat cupboard and two additional storage cupboards • Light and spacious dual aspect lounge/dining room with ample space for a dining table and chairs, a feature fireplace in the lounge area and French doors leading out from the lounge area to a private patio • Southerly facing private patio area which adjoins beautifully kept communal gardens • Modern kitchen/breakfast room incorporating ample worktops with a low-level breakfast bar, a good range of base and wall units with underlighting, Bosch integrated oven, grill, hob and extractor, dishwasher, Bosch washer/dryer recess for a fridge/freezer, tiled floor, cupboard housing a wall-mounted gas-fired boiler and a window overlooking the communal gardens • Bedroom one is a generous sized double bedroom benefitting from fitted wardrobes • Spacious en-suite shower room finished in a stylish white suite incorporating a good sized corner shower cubicle, WC, wash hand basin with vanity storage beneath, fully tiled walls and flooring • Bedroom two is also a generous sized double bedroom • Spacious family bathroom finished in a stylish white suite incorporating a panelled bath with mixer taps and shower attachment, WC, wash hand basin with vanity storage beneath, fully tiled walls and flooring • One allocated car port space, with a secure lockable storeroom • Further area designated for visitors and residents parking • All residents have the use of beautifully kept communal gardens • Further benefits include and entry phone intercoms system, security alarm, double glazing, a gas-fired heating system and the property now comes to the market offered with no onward chain Ferndown offers an excellent range of shopping, leisure and recreational facilities.
Ferndown’s Championship Golf Course is located on Golf Links Road, with the Club House located less than 1 mile away.
Lease: Approximately 986 years remaining Maintenance: Approximately £1,187.40 every 6 months council tax band: E 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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 1, The Gables, Manor Close, Ferndown
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