8 Holt House (2FF), 350, Holdenhurst Road, BOURNEMOUTH, Dorset, BH8 8BH

Description

Leasehold second floor flat, 73 years remaining on lease.

Accommodation

One bedroom, reception room, kitchen, bathroom/wc

Location

The property is located on Holdenhurst Road. Shopping amenities can be found locally within Bournemouth Town Centre. Public transport links are available at Bournemouth Train Station to the south west and Pokesdown Train Station to the east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A338 to the north. Recreational pursuits can be found at Queen’s Park to the north east.

Tenure / Property Information

Investment Analysis

Same-building Land Registry sales range from £179,000 to £207,000 between April 2024 and February 2025, with a further Holt House sale at £190,000 in 2022. As bedroom count, floor, condition and exact comparability are not supplied, a cautious evidence-based base GDV of £190,000 is used, with £179,000 low and £207,000 high scenarios.

Investment Snapshot

Strategy Recommendation

Proceed only subject to viewing, confirmation of the exact lease term, service charge, ground rent and review provisions, and evidence of achievable rent. Do not rely on the unrelated rental listing or bid solely against the headline GDV uplift.

Works Required

No refurbishment works are evidenced in the supplied information. Obtain a viewing, lease documents and management information before allowing for works or lease-related expenditure.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £73,000 guide, the purchase price is materially below the £190,000 base GDV indicated by same-building sales. However, refinance and cash-left calculations cannot be completed reliably without verified works, lease costs, lender treatment of the 73-year lease and property-specific rent. The £1,800 inclusive-of-VAT contract documentation fee is known; seller fees may also apply.

Buy-to-Let Analysis

BTL yield cannot be established. The only rental evidence is an advertised £1,613 pcm for 198 Holdenhurst Road, not this flat, and therefore cannot be applied to the subject property. Service charge, ground rent and other lease costs are also unknown.

Flip Analysis

A potential gross value uplift exists against the guide, with a base GDV of £190,000, but a reliable flip surplus cannot be calculated because works, selling costs, seller fees and lease-related expenditure are unsupported. The comparable sales may not match this one-bedroom flat in size, floor or condition.

Investor Risks & Due Diligence

• Only 73 years remain on the lease, with the listing also referring to 72 years at auction; exact term requires verification.

• Annual service charge, ground rent, review period and increases are unknown.

• Property-specific achievable rent is not evidenced; the £1,613 pcm figure relates to a different address and is only an advertised asking rent.

• Condition and refurbishment requirements are not supplied.

• Parking and heating information require confirmation.

• The seller may charge additional completion fees under the Special Conditions of Sale.

Recommendation

Proceed only subject to viewing, confirmation of the exact lease term, service charge, ground rent and review provisions, and evidence of achievable rent. Do not rely on the unrelated rental listing or bid solely against the headline GDV uplift.

Strategy Rating

Analysis Confidence

Same-building completed sales and the guide price are available, but property-specific rental evidence, condition, lease costs, parking, heating and potential seller fees are missing. Comparable property details are also incomplete.