Sold Flat

FLAT 5

MULBERRY COURT, 132, RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE BH8 8TD

2 beds 2 baths 624 sq ft Listed 8 Jun 2021 (-1881d)

£199,950

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# 2 bedroom flat for sale (BH8 8TD)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 5, MULBERRY COURT, 132, RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE BH8 8TD |
| Price | £199,950 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Construction age | England and Wales: 1996-2002 |
| Floor area | 58 m² |
| Last sold | £195,000 Mar 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 03/01/2031
- **Current heating cost:** £250/year
- **Est. upgrade cost to C:** £2,600

### Recommendations
- I (£2,200 - £3,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0099-0201-4909-4446-3010)

## Description

Communal entrance leading to stairs and landings, the flat lies on the second (top) Floor.

Front door leads into:

Entrance Hallway:

9' 5 x 6' 4 / 2.87m x 1.93m (approx').

Having plain coved ceiling, ceiling light point and mains wired smoke detector. Airing cupboard housing jacketed hot water cylinder tank with shelved storage over. Single panelled radiator and hatch providing access to loft. Entry phone.

Kitchen / Diner:

14' 8 x 9' 5 / 4.47m x 2.87m (approx').

Having plain ceiling with recessed down lighting. UPVC double-glazed window to front aspect. A range of wall and base mounted units with work surfaces over. One-and-a-quarter bowl single drainer sink unit with mixer tap. Integrated stainless steel electric oven with stainless steel four-burner gas hob and cooker hood over. Wall mounted gas central heating boiler. Space and plumbing for washing machine, space for fridge/freezer and splash back tiling. Double panelled radiator. Cupboard housing electrics and consumer unit.

Lounge Reception:

14' 2 x 12' 7 / 4.31m x 3.83m (approx').

Having plain ceiling with ceiling light point. UPVC double glazed window to front aspect. Double panelled radiator. Television / media point.

Bedroom One:

12' 5 x 11' / 3.78m x 3.35m (approx').

Having plain ceiling with ceiling light point. UPVC double glazed window to rear aspect. Double panelled radiator. Access to:

En-Suite:

Having plain ceiling with recessed low level down lighting and frosted UPVC double-glazed window to side aspect. Fully tiled shower cubicle with fitted thermostatic shower valve. Pedestal wash hand basin with mixer tap and low-level WC. Single panelled radiator and splash back tiling.

Bedroom Two:

11' 2 x 7' 9 / 3.4m x 2.36m (approx').  Having plain ceiling with ceiling light point. UPVC double-glazed window to rear aspect. Double panelled radiator.

Bathroom:

8' 7 x 5' 2 / 2.61m x 1.57m (approx'). Having plain ceiling with ceiling light point. Frosted UPVC double-glazed window to side aspect. Panelled bath with shower mixer tap over and low level WC. Pedestal wash hand basin and mixer tap. Splash back tiling and single panelled radiator.

Outside:

The property sits in well-presented communal grounds with one allocated parking space conveyed to the property. Bin store and cycle store area.

Tenure:

Leasehold with the benefit of a share in the freehold

Maintenance:

£1,314.76 per annum

However,

2 Flats within the development have not bought a share in the freehold. As such, these two properties pay ground rent to the flat owners that have bought into the freehold. Therefore £173.85 is credited against the maintenance charge which brings the total charge down from £1,314.76 to £1,140.91 per annum

Ground Rent:

Nil

## Property Photos

- ![Front Aspect](/listings/photos/108398750/1648246) - Front Aspect
- ![Kitchen/Diner](/listings/photos/108398750/1648247) - Kitchen/Diner
- ![Kitchen/Diner](/listings/photos/108398750/1648248) - Kitchen/Diner
- ![Kitchen/Diner](/listings/photos/108398750/1648249) - Kitchen/Diner
- ![Kitchen/Diner](/listings/photos/108398750/1648250) - Kitchen/Diner
- ![Kitchen Window](/listings/photos/108398750/1648251) - Kitchen Window
- ![Kitchen Outlook](/listings/photos/108398750/1648252) - Kitchen Outlook
- ![Lounge Reception](/listings/photos/108398750/1648253) - Lounge Reception
- ![Bathroom](/listings/photos/108398750/1648254) - Bathroom
- ![Hallway](/listings/photos/108398750/1648255) - Hallway
- ![Bedroom One](/listings/photos/108398750/1648256) - Bedroom One
- ![Bedroom Two](/listings/photos/108398750/1648257) - Bedroom Two
- ![En-Suite](/listings/photos/108398750/1648258) - En-Suite
- ![Parking](/listings/photos/108398750/1648259) - Parking
- ![Bedroom View](/listings/photos/108398750/1648260) - Bedroom View
- ![Street View](/listings/photos/108398750/1648261) - Street View
- ![Front Aspect](/listings/photos/108398750/1648262) - Front Aspect

## Floorplans

- ![Floorplan](/listings/photos/108398750/1648263) - Floorplan

## EPC Graphs

- ![EPC](/listings/photos/108398750/1648264) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MULBERRY COURT, 132 FLAT 5 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TD | £195,000 | 25/03/2022 | 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 |
|---------|-------|------|------|
| 129 FLAT 1 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8UA | £162,500 | 09/01/2026 | Flat |
| PARK LODGE, 134 FLAT 7 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TW | £195,000 | 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 |
| WARWICK COURT, 136 FLAT 11 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TP | £165,000 | 26/11/2025 | 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 |
| RICHMOND PARK LODGE, 115 - 117 FLAT 4 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TE | £150,000 | 24/01/2025 | Flat |
| PARK PLACE, 134B FLAT 4 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8PT | £162,000 | 20/12/2024 | Flat |
| HAZELDENE COURT, 152 FLAT 4 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TW | £165,000 | 01/12/2023 | Flat |
| ISABEL COURT, 181 APARTMENT 1 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8UB | £191,000 | 29/11/2023 | Flat |
| 85A CHATSWORTH ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8SN | £300,000 | 28/11/2023 | Flat |
| 7C RICHMOND PARK AVENUE, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 9DL | £201,000 | 10/11/2023 | Flat |
| CAPSTONE COURT, 120 - 124 FLAT 13 CAPSTONE ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8RT | £157,000 | 10/11/2023 | Flat |
| 14 FLAT 5 WESTWOOD HOWARD ROAD, QUEENS PARK, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 9DY | £190,000 | 20/10/2023 | Flat |

**Area average:** £182,825 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £179,133 (43 Flat, BH8, 2024–2026)
- **Deviation:** +11.6%

## 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

## 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, Heron Court Road, BH3 | £1,350/mo | 2 | 0.43 miles | OpenRent |

**Average rent: £1,350/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.68% (weak for cashflow)
- **Max investor price (0.8%):** £168,750
- **Target investor price (1%):** £135,000

*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 £1,350/mo).*

- **Gross yield:** 8.1%
- **Cost-to-rent:** 12.3×
- **Monthly cashflow:** £403/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.3%

*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).*

## Price per Square Metre

- **£/m²:** £3,447/m²

## Capital growth trend

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

- **5y growth:** 23.2%
- **10y growth:** 11.1%

## House Price Index (HM Land Registry)

*Official index for Bournemouth Christchurch and Poole; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -5.3%
- **5y growth (index):** -1.2%
- **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)

Front Aspect Kitchen/Diner Kitchen/Diner Kitchen/Diner Kitchen/Diner Kitchen Window Kitchen Outlook Lounge Reception Bathroom Hallway Bedroom One Bedroom Two En-Suite Parking Bedroom View Street View Front Aspect

/ 17

Property details

Tenure

SHARE_OF_FREEHOLD

Floor area

58 m²

EPC rating

Year built

England and Wales: 1996-2002

Last sold

£195,000 Mar 2022

Price per m²

£3,447/m²

Local average

£179,133 (+11.6%)

Deprivation

Decile 4 (13,255 of 33,755)

Street crime

592 incidents within 1 mile (May 2026)

Key features

Modern Purpose Built Flat
Two Bedrooms
Southerly Aspect Lounge Reception Room
Good-Sized Kitchen / Diner
Modern Bathroom
En-Suite Shower Room to Bedroom One
Gas Central Heating & UPVC Double-Glazing
Allocated Off Road Parking Space Conveyed
Share in the Freehold
Vacant Possession and No Forward Chain

Additional details

Heating: Double glazing, Gas central
Parking: Allocated
Garden: Yes

Description

Communal entrance leading to stairs and landings, the flat lies on the second (top) Floor.
Front door leads into:

Entrance Hallway:
9' 5 x 6' 4 / 2.87m x 1.93m (approx').
Having plain coved ceiling, ceiling light point and mains wired smoke detector. Airing cupboard housing jacketed hot water cylinder tank with shelved storage over. Single panelled radiator and hatch providing access to loft. Entry phone.

Kitchen / Diner:
14' 8 x 9' 5 / 4.47m x 2.87m (approx').
Having plain ceiling with recessed down lighting. UPVC double-glazed window to front aspect. A range of wall and base mounted units with work surfaces over. One-and-a-quarter bowl single drainer sink unit with mixer tap. Integrated stainless steel electric oven with stainless steel four-burner gas hob and cooker hood over. Wall mounted gas central heating boiler. Space and plumbing for washing machine, space for fridge/freezer and splash back tiling. Double panelled radiator. Cupboard housing electrics and consumer unit.

Lounge Reception:
14' 2 x 12' 7 / 4.31m x 3.83m (approx').
Having plain ceiling with ceiling light point. UPVC double glazed window to front aspect. Double panelled radiator. Television / media point.

Bedroom One:
12' 5 x 11' / 3.78m x 3.35m (approx').
Having plain ceiling with ceiling light point. UPVC double glazed window to rear aspect. Double panelled radiator. Access to:

En-Suite:
Having plain ceiling with recessed low level down lighting and frosted UPVC double-glazed window to side aspect. Fully tiled shower cubicle with fitted thermostatic shower valve. Pedestal wash hand basin with mixer tap and low-level WC. Single panelled radiator and splash back tiling.

Bedroom Two:
11' 2 x 7' 9 / 3.4m x 2.36m (approx'). Having plain ceiling with ceiling light point. UPVC double-glazed window to rear aspect. Double panelled radiator.

Bathroom:
8' 7 x 5' 2 / 2.61m x 1.57m (approx'). Having plain ceiling with ceiling light point. Frosted UPVC double-glazed window to side aspect. Panelled bath with shower mixer tap over and low level WC. Pedestal wash hand basin and mixer tap. Splash back tiling and single panelled radiator.

Outside:
The property sits in well-presented communal grounds with one allocated parking space conveyed to the property. Bin store and cycle store area.

Tenure:
Leasehold with the benefit of a share in the freehold

Maintenance:
£1,314.76 per annum

However,
2 Flats within the development have not bought a share in the freehold. As such, these two properties pay ground rent to the flat owners that have bought into the freehold. Therefore £173.85 is credited against the maintenance charge which brings the total charge down from £1,314.76 to £1,140.91 per annum

Ground Rent:
Nil

Listed by

Bournemouth

Roberts

Reference: 108398750

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 04/01/2021

Expiry date: 03/01/2031

Current heating cost: £250/year

Potential heating cost: £218/year

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

Floorplan

EPC Graphs

EPC

Price history

Event	Date	Price	% change
Sold	25/03/2022 (4 years ago)	£195,000	—

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
PARK LODGE, 134 FLAT 7 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TW	£195,000	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
WARWICK COURT, 136 FLAT 11 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TP	£165,000	26/11/2025	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
RICHMOND PARK LODGE, 115 - 117 FLAT 4 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TE	£150,000	24/01/2025	Flat
PARK PLACE, 134B FLAT 4 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8PT	£162,000	20/12/2024	Flat
HAZELDENE COURT, 152 FLAT 4 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8TW	£165,000	01/12/2023	Flat
ISABEL COURT, 181 APARTMENT 1 RICHMOND PARK ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8UB	£191,000	29/11/2023	Flat
85A CHATSWORTH ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8SN	£300,000	28/11/2023	Flat
7C RICHMOND PARK AVENUE, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 9DL	£201,000	10/11/2023	Flat
CAPSTONE COURT, 120 - 124 FLAT 13 CAPSTONE ROAD, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 8RT	£157,000	10/11/2023	Flat
14 FLAT 5 WESTWOOD HOWARD ROAD, QUEENS PARK, BOURNEMOUTH, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH8 9DY	£190,000	20/10/2023	Flat

Area average: £182,825 (20 sales)

Capital growth trend

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

5y growth 23.2%

10y growth 11.1%

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 £1,262/mo

Realistic £1,402/mo

Optimistic £1,542/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 8TD

Address

132a Richmond Park Road

Nearby

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

Type	Name	Distance
Bus stop	Howard Road	0.0 miles
Shop	Princes Convenience Store	0.2 miles
Shop	Premier	0.2 miles
Hospital	Nuffield Health Bournemouth Hospital	0.7 miles
Train station	Bournemouth	0.7 miles
Hospital	Kings Park Hospital	1.2 miles
Train station	Pokesdown	1.5 miles
University	Health Services University	1.5 miles

Street-level crime

Category	Count
Violence and sexual offences	163
Anti-social behaviour	143
Shoplifting	95
Vehicle crime	41
Criminal damage and arson	30
Public order	29
Other theft	25
Drugs	24
Burglary	20
Bicycle theft	8
Robbery	7
Other crime	3
Possession of weapons	3
Theft from the person	1
Total incidents	592

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)
Linwood School	Other	0.4 miles	Outstanding — 22 Apr 2013
Malmesbury Park Primary School	Primary	0.4 miles	Good — 11 May 2022
Park School	Other	0.6 miles	— (No rating)
St Martin's School	Other	0.7 miles	— (No rating)

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, Heron Court Road, BH3	£1,350/mo	2	0.43 miles	OpenRent

Average rent: £1,350/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.68%

Max investor price (0.8%) £168,750

Target investor price (1%) £135,000

Gross yield 8.1%

Cost-to-rent ratio 12.3×

Monthly cashflow £403/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 8.3%

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).

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