# 2 bedroom apartment for sale (BH15 4FJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 24, READ HOUSE, STABLER WAY, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE BH15 4FJ |
| Price | £225,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | C |
| Floor area | 68 m² |
| Last sold | £215,000 May 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 12/12/2026
- **Current heating cost:** £194/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8499-1772-9539-1997-1263)

## Description

This delightfully presented two-bedroom top-floor apartment is situated within Carters Quay, opposite Poole Quay. This superb position is just across Poole's historic lifting bridge and within walking distance of Poole Quay's amenities, transport links and ferry ports.

The accommodation is contemporary throughout and comprises a generously sized open plan living, dining, and kitchen area with floor-to-ceiling windows and a Juliet balcony. 

The sleek fitted kitchen has all modern integral appliances including fridge/freezer, dishwasher, oven, hob and extractor. Two double bedrooms. Family bathroom with a shower over the bath and an en-suite shower to the Master bedroom. Further benefits include a hallway store cupboard with washing machine & tumble dryer and an allocated parking space.

**Hallway** - 3.36 x 2.07 max  (11'0" x 6'9" max ) - A spacious hallway area with a double storage cupboard with space and plumbing for a washing machine & tumble dryer. Thermostat controls. Entryphone system. Pendant lights. Wood laminate flooring. Radiator.

**Living Room/Diner** - 6.61 x 4.14 max  (21'8" x 13'6" max ) - A well-proportioned living area adjoins the kitchen with a single door opening Juliet-style balcony. Recessed spot lighting. Wood laminate flooring. Two radiators.

**Bedroom 1** - 4.55 x 4.43 max  (14'11" x 14'6" max ) - A light, spacious Master Suite with built-in mirrored double wardrobes and en-suite shower room. Wood laminate flooring. Radiator. Pendant light.

**En-Suite** - 2.07 x 1.68 (6'9" x 5'6") - A delightful shower room benefitting from a double shower. Wall mounted hand basin with mixer tap and wall mounted mirror over. Shaver point. Push-button WC. Chrome heated towel rail. Recessed spotlighting. Wood laminate flooring.

**Bedroom 2** - 3.26 x 2.97 (10'8" x 9'8") - A beautifully presented second double bedroom featuring a full-height window. Wood laminate flooring. Radiator. Pendant light.

**Bathroom** - 2.08 x 1.68 (6'9" x 5'6") - A contemporary bathroom with white three-piece suite. Recessed spotlighting, shower over bath with glazed shower screen and ceramic wall tiling with wood laminate flooring. Wall mounted hand basin with mixer tap and wall mounted mirror over. Shaver point. Push-button WC. Chrome heated towel rail.

**Outside** - One allocated parking space

**Tenure** - Leasehold; Leasehold - 125 Years from 1/1/2016 with 116 Years remaining. 

Service Charge: £1800 (2025)

Ground Rent: £300 (2025)

Council Tax Band C. BCP Council 

EPC Rating B 

Material Information: Timber frame construction under a pitch tiled roof, Exterior walls part brick construction, cementitious panels and render. 

Environment Agency Flood Risk Level : very low risk of surface water flooding

very low risk of flooding from rivers and the sea

Broadband: Standard15 Mbps1 MbpsGood

Superfast80 Mbps20 MbpsGood

UltrafastNot availableNot available

## Property Photos

- ![SouthernComfort24ReadHouse-26print.jpg](/listings/photos/87402795/2158189) - SouthernComfort24ReadHouse-26print.jpg
- ![Twin Sails-9.jpg](/listings/photos/87402795/2158190) - Twin Sails-9.jpg
- ![Bed 1.JPG](/listings/photos/87402795/2158191) - Bed 1.JPG
- ![Hall 2.JPG](/listings/photos/87402795/2158192) - Hall 2.JPG
- ![lounge a.JPG](/listings/photos/87402795/2158193) - lounge a.JPG
- ![SouthernComfort24ReadHouse-20print.jpg](/listings/photos/87402795/2158194) - SouthernComfort24ReadHouse-20print.jpg
- ![SouthernComfort24ReadHouse-23print.jpg](/listings/photos/87402795/2158195) - SouthernComfort24ReadHouse-23print.jpg
- ![lounge .JPG](/listings/photos/87402795/2158196) - lounge .JPG
- ![bed 1 a.JPG](/listings/photos/87402795/2158197) - bed 1 a.JPG
- ![bed 1 b.JPG](/listings/photos/87402795/2158198) - bed 1 b.JPG
- ![SouthernComfort24ReadHouse-11print.jpg](/listings/photos/87402795/2158199) - SouthernComfort24ReadHouse-11print.jpg
- ![SouthernComfort24ReadHouse-18print.jpg](/listings/photos/87402795/2158200) - SouthernComfort24ReadHouse-18print.jpg
- ![SouthernComfort24ReadHouse-16print.jpg](/listings/photos/87402795/2158201) - SouthernComfort24ReadHouse-16print.jpg
- ![SouthernComfort24ReadHouse-27print.jpg](/listings/photos/87402795/2158202) - SouthernComfort24ReadHouse-27print.jpg
- ![SouthernComfort24ReadHouse-1print.jpg](/listings/photos/87402795/2158203) - SouthernComfort24ReadHouse-1print.jpg

## Floorplans

- ![Revised Floorplan.png](/listings/photos/87402795/2158204) - Revised Floorplan.png

## EPC Graphs

- ![EE Rating](/listings/photos/87402795/2158205) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| READ HOUSE 24 STABLER WAY, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FJ | £215,000 | 05/05/2026 | Flat |
| READ HOUSE 24 STABLER WAY, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FJ | £208,000 | 04/03/2021 | Flat |
| READ HOUSE 24 STABLER WAY, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FJ | £215,000 | 22/03/2019 | 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 |
|---------|-------|------|------|
| TERN HOUSE, 15 FLAT 6 NORTON WAY, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4GD | £230,000 | 10/10/2025 | Flat |
| 15 JEFFERSON AVENUE, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FN | £161,500 | 24/01/2025 | Flat |
| TERN HOUSE, 15 FLAT 14 NORTON WAY, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4GD | £275,000 | 07/07/2023 | Flat |
| ADAMS HOUSE 13 ADAMS CLOSE, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FA | £215,000 | 15/06/2023 | Flat |
| 17 FLAT 5 JEFFERSON AVENUE, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FN | £225,000 | 26/04/2023 | Flat |
| 38 BARBERS WHARF, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 1ZB | £450,000 | 14/12/2022 | Flat |
| 17 FLAT 10 JEFFERSON AVENUE, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FN | £275,000 | 30/11/2022 | Flat |
| 23 FLAT 5 JEFFERSON AVENUE, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FN | £275,000 | 31/10/2022 | Flat |
| 15 BARBERS WHARF, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 1ZB | £292,000 | 25/10/2022 | Flat |
| 23 FLAT 1 JEFFERSON AVENUE, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FN | £265,000 | 20/09/2022 | Flat |
| 45D BLANDFORD ROAD, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4AT | £210,000 | 02/09/2022 | Flat |
| ADAMS HOUSE 15 ADAMS CLOSE, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FA | £250,000 | 02/08/2022 | Flat |
| ADAMS HOUSE 27 ADAMS CLOSE, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FA | £260,000 | 29/07/2022 | Flat |
| PELICAN HOUSE, 17 FLAT 11 STONE CLOSE, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4GE | £376,000 | 14/07/2022 | Flat |
| 14 ADAMS CLOSE, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FF | £250,000 | 30/06/2022 | Flat |
| POTTERS PLACE, 1 - 5 FLAT 6 NORTON WAY, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4GF | £167,000 | 17/06/2022 | Flat |
| FISHERMANS WHARF 8 BLANDFORD ROAD, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4AS | £138,000 | 27/05/2022 | Flat |
| GUILLEMOT HOUSE, 17 FLAT 15 NORTON WAY, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4GD | £220,000 | 27/05/2022 | Flat |
| 7 BARBERS WHARF, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 1ZB | £330,000 | 13/05/2022 | Flat |
| 26 ADAMS CLOSE, POOLE, BOURNEMOUTH, CHRISTCHURCH AND POOLE, BH15 4FF | £250,000 | 13/04/2022 | Flat |

**Area average:** £255,725 (20 sales)

## Price vs local average

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

- **Local average:** £199,492 (49 Flat, BH15, 2024–2026)
- **Deviation:** +12.8%

## Rental Range

*ONS Price Index of Private Rents (Bournemouth, Christchurch and Poole). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,259/mo
- **Realistic:** £1,399/mo
- **Optimistic:** £1,539/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for West Wiltshire (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £723/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, West Quay Road, BH15 | £1,400/mo | 2 | 0.3 miles | OpenRent |
| 2 Bed Flat, Skinner Street, BH15 | £1,200/mo | 2 | 0.52 miles | OpenRent |
| 2 Bed Flat, Lagland St, BH15 | £1,155/mo | 2 | 0.57 miles | OpenRent |

**Average rent: £1,252/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.53% (weak for cashflow)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*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 £1,200/mo).*

- **Gross yield:** 6.4%
- **Cost-to-rent:** 15.6×
- **Monthly cashflow:** £169/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3.1%

*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:** £3,309/m²

## Capital growth trend

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

- **5y growth:** 6.6%
- **10y growth:** 7.8%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -3.1%
- **5y growth (index):** -2.9%
- **10y growth (index):** 13.6%

## 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)