Summary - PARK COURT, 47 FLAT 3 WESTERN ROAD BRANKSOME PARK POOLE BH13 6ES
1 bed 1 bath Residential Development
Permitted development for eight new flats in affluent Branksome Park.
Freehold block of ten flats sold on long leases
A rare freehold development opportunity in Branksome Park, offered at auction with planning permission to add two storeys and create eight additional flats. The site already comprises a large block of ten flats sold off on long leases, and planning (ref: APP/24/01223/PA) was granted 31 Dec 2024 for the uplift to provide four one-beds, two two-beds and two three-beds. Poole and Bournemouth amenities, good road and rail links, and nearby recreational beaches and parks support future lettings or sales.
This lot appeals to developers and investors who can capitalise on permitted development uplift and the block’s very large overall size (approx. 5,723 sq ft). The freehold includes a garage and benefits from a very affluent catchment, excellent mobile signal, fast broadband and very low local crime — factors that strengthen demand for new apartments in the area.
Important practical notes: all existing flats are sold on long leases so current income is limited to ground rents totalling £317 per annum. The sale is by auction and purchasers must review the legal pack and tenancy schedule carefully prior to bidding. The planning permission requires construction works and project costs, and purchasers should allow for build, professional and statutory fees.
This is a value-driven development play: clear planning permission reduces planning risk, while the long-leasehold status and modest current ground rent mean the principal upside is in implementing the approved scheme and re-letting or selling the new units. Suitable for experienced developers or investors comfortable with refurbishment, construction management and auction purchases.
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