797A Christchurch Road, Bournemouth, Dorset, BH7 6AW

Description

Description Town & Country Property Auctions are delighted to offer for sale by Public Auction this bright and spacious One-Bedroom Maisonette, ideally positioned in a highly sought-after location on Christchurch Road, just moments from local shops, transport links, Kings Park and Bournemouth's award-winning sandy beaches. Arranged over two floors, the property benefits from a unique maisonette design, providing a greater sense of space and privacy than a typical flat. The accommodation comprises a generous double bedroom, modern bathroom, spacious dual-aspect living room and fitted kitchen. The property is currently let on an AST (Assured Shorthold Tenancy) agreement and is generating £800 per calendar month, providing an immediate income stream for investors. The property enjoys gas-fired central heating, double glazing and excellent natural light throughout. Of particular note is the attractive lease arrangement, with approximately 155 years remaining, low ground rent and a low-maintenance resident-managed structure, making it an appealing proposition for buy-to-let investors and those seeking a well-located long-term investment. Situated in a thriving and convenient location close to Southbourne, Pokesdown and Bournemouth town centre, the property offers easy access to an extensive range of amenities, recreational facilities and transport connections. The property will be entered into our 9th September auction which is held online and starts at 8am. You must register to bid and download the legal pack. PROPERTY FEATURES . Number of Bedrooms: 1 . Reception Rooms: 1 . Market Value: £120,000 . Rental Value Per Month: £800 . 56 Day Completion ADDITIONAL INFORMATION . Property Tenure: Leasehold . Length of lease remaining: 155 approx . Annual ground rent: £25 . Annual service charge: As and when required basis VIEWING ARRANGEMENTS We will be holding viewing slots, please call us on 01202143399. The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open. Tenure Leasehold

Location

797A Christchurch Road, Bournemouth, Dorset, BH7 6AW

Investment Analysis

Investment Snapshot

Strategy Recommendation

Preferred strategy: Income Investment / Buy-to-Let. Confirm this against the legal pack, inspection, finance and local market evidence before bidding.

Works Required

• Obtain a condition / structural survey

• Electrical and heating checks

• Allow for decoration and repairs

• Review lease, service charge, ground rent and major works

• Review tenancy documents, rent history and landlord compliance

HB initial works allowance: £5,000–£15,000. This is an investment-feasibility allowance, not a contractor quotation.

Rental & Market Context

The auction particulars state current rental income of approximately £9,600 per annum. For initial appraisal only, HB estimates market rent at approximately £850–£1,025 pcm (£10,200–£12,300 pa). This is an HB estimate and should be verified against current local lettings.

GDV / Resale Analysis

HB indicative post-works / stabilised value range: £64,800–£73,200. This is an appraisal estimate only, not a RICS valuation. Verify against recent genuinely comparable sold evidence.

Properties Sold Within Approx. 5 Miles

Specific sold transactions are not contained in the supplied scrape, so no unverified addresses or sold prices have been inserted. Check recent Land Registry / local comparable evidence before setting a maximum bid.

Potential BRRR Position

Illustrative middle case: guide £60,000 plus midpoint works of £10,000 gives about £70,000 before acquisition/finance costs. At the midpoint HB value of £69,000, an illustrative 75% refinance is about £51,750, leaving approximately £18,250 of purchase/works capital before transaction costs.

Flip Analysis

Midpoint HB value £69,000 less guide and midpoint works gives an initial gross spread of about £-1,000. This is not profit: SDLT, auction fees, legal fees, finance, holding costs, utilities, insurance, selling fees and contingency must also be deducted.

Investor Risks & Due Diligence

• Review the full legal pack, title and special conditions

• Confirm buyer's premium / auction administration charges and completion timetable

• Obtain a suitable condition or structural survey

• Verify refurbishment quotations and contingency

• Verify current rental evidence and recent comparable sales

• Confirm lender requirements, valuation and exit finance

• Confirm lease length, ground rent, service charge, major works and lender acceptability

• Verify tenancy agreements, deposits, rent history and landlord compliance

Recommendation

Initial recommendation: Income Investment / Buy-to-Let. Proceed only if the legal pack, condition, funding and exit-value evidence support the proposed maximum bid.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★☆☆ | Flip/Resale: ★★★☆☆