8 Holt House (2FF), 350 Holdenhurst Road, Bournemouth, Dorset

Description

Leasehold second floor flat with one bedroom, reception room, kitchen and bathroom/WC.

Accommodation

One bedroom, reception room, kitchen, bathroom/WC

Location

Located on Holdenhurst Road. Shopping amenities are available locally within Bournemouth Town Centre. Public transport links include Bournemouth Train Station to the south west and Pokesdown Train Station to the east, along with local bus services. Road links include the A338 to the north. Queen’s Park is to the north east.

Tenure / Property Information

Investment Analysis

The supplied completed sales for Holt House range from £179,000 to £207,000, with no bedroom count, floor, size, condition or lease-term details provided. A provisional base GDV of £193,000 uses the midpoint of the supplied same-building range, but this is not a formal valuation and should be verified against the legal pack and property inspection. The lease is inconsistently stated as 73 years remaining and 72 years at auction, which may affect value and mortgageability.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. First confirm the exact lease term, lease terms, service-charge position, property condition and any completion fees; only then assess a low-cost purchase against verified resale value.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain an inspection and review the legal pack before budgeting for works; no refurbishment allowance is included.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the provisional £193,000 base GDV, 75% refinance is approximately £144,750. Total project cost cannot be calculated because refurbishment costs and any seller-charged completion fees are unknown. The 72–73 year lease requires confirmation and may constrain refinance options.

Buy-to-Let Analysis

No sufficiently specific rental evidence or auctioneer rent estimate is supplied, so rent and gross yield cannot be established. The £1,800 inclusive-of-VAT contract documentation fee is known, while potential seller-charged completion fees are unspecified.

Flip Analysis

The supplied same-building sales indicate a broad £179,000–£207,000 value range, but the comparables are not sufficiently detailed to confirm direct comparability with this one-bedroom flat. A flip surplus cannot be calculated without supported works, full acquisition costs and a selling-cost allowance.

Investor Risks & Due Diligence

• Lease term is inconsistently stated as 72 and 73 years remaining.

• Lease information is awaited and must be checked in the legal pack.

• No sufficiently specific rental evidence or auctioneer rent estimate is available.

• Comparable sales lack bedroom, size, floor, condition and lease-term details.

• No property condition or refurbishment-cost evidence is supplied.

• A £1,800 inclusive-of-VAT contract documentation fee is payable, and additional seller-charged completion fees may apply.

Recommendation

Do not bid on the current evidence alone. First confirm the exact lease term, lease terms, service-charge position, property condition and any completion fees; only then assess a low-cost purchase against verified resale value.

Strategy Rating

Analysis Confidence

There are several same-building completed sales, but no unit-specific comparable details, rental evidence, condition assessment, lease information, service-charge data or seller-fee details.