# 1 bedroom flat for sale (BH1 2LY) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 15, THE SPIRE, 28, ST PETERS ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE BH1 2LY | | Price | £90,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Last sold | £80,000 Sep 2025 | ## Description TOWN CENTRE APARTMENT - Offering modern accommodation this studio is within walking distance of Bournemouth's renowned beaches. NO FORWARD CHAIN **** This modern studio apartment is located in the heart of Bournemouth Town Centre. Within a short distance a selection of shops, bars and restaurants together with golden sandy beaches and Bournemouth Travel Interchange can be found. The block is accessed via a secure entry phone system with stairs ascending to the top floor. The studio offers a bright and airy living space with ample room for living and bedroom furniture. There is also a modern kitchen complete with base and wall units as well as integrated appliances. The studio is serviced by a contemporary fitted shower room comprising shower cubicle, wash hand basin and WC. The property further benefits from use of a lock up storage unit, electric heating and no forward chain. **Studio Area** 4.49m (14'9) x 4.52m (14'10) into bay narrowing to 3.82m (12'6) **Shower Room** 2.73m (8'11) x 1.21m (4') **Additional Information** 125 year lease from 25th march 2017 Service Charge 29th September 2024 - 24 March 2025 £1,124.55 Ground Rent - £250.00 p.a. for first 25 years, £500.00 p.a. for 2nd 25 years) Council Tax Band A Utilities: Mains Electricity/Mains Water Drainage: Mains Drainage Broadband: Refer to ofcom website Mobile Signal: Refer to ofcom website Flood Risk: For more information refer to gov.uk, check long term flood risk **** >ALL MEASUREMENTS QUOTED ARE APPROX. AND FOR GUIDANCE ONLY. THE FIXTURES, FITTINGS & APPLIANCES HAVE NOT BEEN TESTED AND THEREFORE NO GUARANTEE CAN BE GIVEN THAT THEY ARE IN WORKING ORDER. YOU ARE ADVISED TO CONTACT THE LOCAL AUTHORITY FOR DETAILS OF COUNCIL TAX. PHOTOGRAPHS ARE REPRODUCED FOR GENERAL INFORMATION AND IT CANNOT BE INFERRED THAT ANY ITEM SHOWN IS INCLUDED. These particulars are believed to be correct but their accuracy cannot be guaranteed and they do not constitute an offer or form part of any contract. Solicitors are specifically requested to verify the details of our sales particulars in the pre-contract enquiries, in particular the price, local and other searches, in the event of a sale. **VIEWING** Strictly through the vendors agents Goadsby ## Property Photos - ![Main (Main)](/listings/photos/166938455/521539) - Main (Main) - ![1](/listings/photos/166938455/521541) - 1 - ![2](/listings/photos/166938455/521542) - 2 - ![3](/listings/photos/166938455/521543) - 3 - ![4](/listings/photos/166938455/521545) - 4 - ![5](/listings/photos/166938455/521547) - 5 - ![Other](/listings/photos/166938455/521548) - Other ## Floorplans - ![12](/listings/photos/166938455/521549) - 12 ## EPC Graphs - ![EPC](/listings/photos/166938455/521550) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | THE SPIRE, 28 FLAT 15 ST PETERS ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 2LY | £80,000 | 09/09/2025 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 26 FLAT 4 ST PETERS ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 2LW | £132,500 | 16/01/2026 | Flat | | DALKEITH HOUSE, 2 FLAT 3 DALKEITH STEPS, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 1EZ | £148,000 | 17/07/2025 | Flat | | THE SPIRE, 28 FLAT 11 ST PETERS ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 2LY | £90,000 | 15/12/2023 | Flat | | DALKEITH HOUSE, 2 FLAT 2 DALKEITH STEPS, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 1EZ | £205,000 | 19/01/2023 | Flat | | 105 - 107 FLAT 7 OLD CHRISTCHURCH ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 1EP | £164,500 | 20/10/2022 | Flat | | 105 - 107 FLAT 2 OLD CHRISTCHURCH ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 1EP | £141,000 | 20/10/2022 | Flat | | 105 - 107 FLAT 8 OLD CHRISTCHURCH ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 1EP | £209,500 | 20/10/2022 | Flat | | 105 - 107 FLAT 3 OLD CHRISTCHURCH ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 1EP | £169,500 | 20/10/2022 | Flat | | 105 - 107 FLAT 9 OLD CHRISTCHURCH ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 1EP | £210,000 | 20/10/2022 | Flat | | 105 - 107 FLAT 4 OLD CHRISTCHURCH ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 1EP | £215,000 | 20/10/2022 | Flat | | 105 - 107 FLAT 5 OLD CHRISTCHURCH ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 1EP | £141,000 | 20/10/2022 | Flat | | 105 - 107 FLAT 6 OLD CHRISTCHURCH ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 1EP | £169,500 | 20/10/2022 | Flat | | 26 FLAT 1 ST PETERS ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 2LW | £165,000 | 30/08/2022 | Flat | | THE SPIRE, 28 FLAT 5 ST PETERS ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 2LY | £114,000 | 27/05/2022 | Flat | | 93 FLAT 1 OLD CHRISTCHURCH ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 1EP | £210,000 | 12/05/2022 | Flat | | THE SPIRE, 28 FLAT 2 ST PETERS ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH1 2LY | £117,500 | 25/03/2022 | Flat | **Area average:** £162,625 (16 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £190,078 (63 Flat, BH1, 2024–2026) - **Deviation:** -52.7% ## Rental Range *ONS Price Index of Private Rents (Bournemouth, Christchurch and Poole). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,262/mo - **Realistic:** £1,402/mo - **Optimistic:** £1,542/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Salisbury (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £648/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | Studio Flat, Yelverton Road, BH1 | £835/mo | 1 | 0.11 miles | OpenRent | | Studio Flat, St Peters Road, BH1 | £906/mo | 1 | 0.12 miles | OpenRent | | Studio Flat, Yelverton Road, BH1 | £865/mo | 1 | 0.12 miles | OpenRent | | 1 Bed Flat, Wessex House, BH1 | £1,550/mo | 1 | 0.12 miles | OpenRent | | 1 Bed Flat, Richmond House, BH2 | £1,025/mo | 1 | 0.14 miles | OpenRent | | 1 Bed Flat, Richmond House, BH2 | £1,120/mo | 1 | 0.14 miles | OpenRent | | 1 Bed Flat, Richmond Chambers, BH2 | £1,150/mo | 1 | 0.2 miles | OpenRent | **Average rent: £1,064/mo (7 listings)** ## 1% Rule - **Rent ratio:** 1.14% (strong) - **Max investor price (0.8%):** £128,125 - **Target investor price (1%):** £102,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,025/mo).* - **Gross yield:** 13.7% - **Cost-to-rent:** 7.3× - **Monthly cashflow:** £543/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 25% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -12.1% - **10y growth:** 6.8% ## House Price Index (HM Land Registry) *Official index for Bournemouth Christchurch and Poole; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -4.9% - **5y growth (index):** -1.6% - **10y growth (index):** 16.6% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)