Sold Flat

FLAT 4

RICHMOND PARK LODGE, 115 - 117, RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE BH8 8TE

2 beds 1 baths 538 sq ft Listed 2 Jul 2025 (-383d)

£184,950

Reduced on 27 Aug 2025

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Property details

Tenure

LEASEHOLD

Floor area

50 m²

Council tax band

B

EPC rating

C

Year built

England and Wales: 2003-2006

Last sold

£150,000 Jan 2025

Price per m²

£3,699/m²

Local average

£179,133 (+3.2%)

Deprivation

Decile 4 (13,255 of 33,755)

Street crime

535 incidents within 1 mile (May 2026)

Key features

  • Ground Floor Apartment
  • Two Bedrooms + Reception
  • New Bathroom
  • Energy Rating : C
  • Accessibility: Step-Free Access
  • Allocated Parking
  • Gas Central Heating + Double Glazing

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Heating
Gas central
Accessibility
Level access
Parking
Allocated
Listed property
No
Flooded in last 5 years
No
Flood defences
No

Description

A well-presented ground floor apartment which offers comfortable and convenient living in a sought-after location on Richmond Park Road, Bournemouth. Boasting two spacious bedrooms and a bright reception room, this property is perfect for first-time buyers, professionals, or investors.

The newly refurbished bathroom features modern fittings, providing a fresh and stylish space. The apartment benefits from gas central heating and double glazing throughout, ensuring warmth and energy efficiency, reflected in its Energy Rating of C.

Accessibility is a strong feature of this home, with step-free access making it suitable for all, including those with mobility considerations. Additionally, allocated parking is provided for ease and security. Situated close to local amenities, public transport links, and the beautiful green spaces of Bournemouth, this apartment combines comfort with convenience.

Ground rent: £200 per annum
Service charge: £1900 per annum
Lease: 125 years from 25th December 2005

Listed by

Bournemouth

Homes & Steeple

Reference: 164053751

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 14/03/2023

Expiry date: 13/03/2033

Est. upgrade cost to C: £2,600

Recommendations

  • Replace boiler with new condensing boiler (£2,200 - £3,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floor Plan

Floor Plan

EPC Graphs

EPC graph

EPC graph

Price history

Event Date Price % change
Sold 24/01/2025 (1 year ago) £150,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
129 FLAT 1 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8UA £162,500 09/01/2026 Flat
CAPSTONE COURT, 120 - 124 FLAT 11 CAPSTONE ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8RT £175,000 19/12/2025 Flat
GEORGE COURT, 147 FLAT 10 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8UA £199,000 12/12/2025 Flat
BROOKLEY COURT, 112A FLAT 1 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TJ £190,000 05/12/2025 Flat
29 ORCHESTON ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8SP £130,000 05/12/2025 Flat
CAPSTONE COURT, 120 - 124 FLAT 12 CAPSTONE ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8RT £178,500 17/11/2025 Flat
EDWARD COURT, 151 FLAT 7 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8UA £208,000 28/08/2025 Flat
HADLEY COURT, 127 FLAT 6 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8UA £191,500 27/06/2025 Flat
HADLEY COURT, 127 FLAT 1 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8UA £170,000 12/03/2025 Flat
CHERRY GRANGE, 133 FLAT 3 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8RS £176,000 17/02/2025 Flat
PARK PLACE, 134B FLAT 4 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8PT £162,000 20/12/2024 Flat
7 FLAT 1 QUEENS PARK GARDENS, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 9BN £250,000 18/12/2023 Flat
3 FLAT E QUEENS PARK GARDENS, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 9BN £182,000 18/12/2023 Flat
CAPSTONE COURT, 120 - 124 FLAT 13 CAPSTONE ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8RT £157,000 10/11/2023 Flat
65A RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TX £280,000 06/11/2023 Flat
14 FLAT 5 WESTWOOD HOWARD ROAD, QUEENS PARK, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 9DY £190,000 20/10/2023 Flat
PARK PLACE, 134B FLAT 1 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8PT £260,000 06/10/2023 Flat
PINELANDS COURT, 128 FLAT 1 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TH £178,500 08/09/2023 Flat
GEORGE COURT, 147 FLAT 6 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8UA £240,000 17/05/2023 Flat
FAIRWAYS, 124 FLAT 7 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TL £220,000 24/12/2022 Flat
Same street RICHMOND PARK LODGE, 115 - 117 FLAT 1 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TE £162,500 05/08/2022 Flat

Street average: £162,500 (1 sale)

Area average: £195,000 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 2.4%
10y growth 12.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Bournemouth Christchurch and Poole. Series: Flats and maisonettes. As of April 2026.

1y (index) -5.3%
5y (index) -1.2%
10y (index) 16.6%

Rental Range

Estimated market rent for Bournemouth, Christchurch and Poole. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,264/mo
Realistic £1,404/mo
Optimistic £1,544/mo

Based on Local Authority from postcode lookup → Bournemouth, Christchurch and Poole.

Location

Map view View on Google Maps View on OpenStreetMap Street View BH8 8TE

Address

115 Richmond Park Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Bennett Road 0.0 miles
Shop Premier 0.2 miles
Shop Princes Convenience Store 0.3 miles
Train station Bournemouth 0.7 miles
Hospital Nuffield Health Bournemouth Hospital 0.8 miles
University Bournemouth University (Lansdowne Campus) 1.0 miles
Train station Pokesdown 1.3 miles
Hospital Dorset HealthCare 2.5 miles

Street-level crime

Category Count
Violence and sexual offences 148
Anti-social behaviour 135
Shoplifting 63
Vehicle crime 43
Criminal damage and arson 29
Public order 29
Other theft 27
Drugs 21
Burglary 19
Bicycle theft 7
Robbery 7
Possession of weapons 3
Other crime 2
Theft from the person 2
Total incidents 535

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Cambian Wing College Other 0.1 miles — (No rating)
Malmesbury Park Primary School Primary 0.4 miles Good — 11 May 2022
Park School Other 0.5 miles — (No rating)
Linwood School Other 0.6 miles Outstanding — 22 Apr 2013
St Clement's and St John's Church of England Infant School Primary 0.6 miles Good — 8 Jan 2018

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
2 Bed Flat, Shaftesbury Road, BH8 £1,083/mo 2 0.12 miles OpenRent
2 Bed Flat, Capstone Road, BH8 £1,192/mo 2 0.37 miles OpenRent
2 Bed Flat, Richmond Court, BH8 £1,248/mo 2 0.37 miles OpenRent
2 Bed Flat, Holdenhurst Road Orp, BH8 £1,300/mo 2 0.53 miles OpenRent

Average rent: £1,206/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 9.9% gross yield avg £156,250 sale, £1,295/mo rent
Rent ratio 0.66%
Max investor price (0.8%) £152,500
Target investor price (1%) £122,000
Gross yield 7.9%
Cost-to-rent ratio 12.6×
Monthly cashflow £345/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 7.7%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).