# 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 |
| Last sold | £195,000 Mar 2022 |

## 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).*

## 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)
