Summary - HOMELANDS HOUSE, 535 FLAT 88 RINGWOOD ROAD FERNDOWN BH22 9DD
1 bed 1 bath Retirement Property
Investment-ready one-bedroom with tenant in place and communal facilities nearby.
Top-floor apartment with lift access and garden views
A compact top-floor apartment in Homelands House, positioned by the lift with a pleasant view over the communal gardens. The one-bedroom layout (approx. 348 sq ft) is low-maintenance and suits a retiree occupant or a landlord seeking an established tenant.
This unit is currently let until February 2026, offering immediate rental income for an investor. Communal facilities include a residents’ lounge, laundry room, managed gardens and communal parking; a weekday house manager adds oversight and convenience.
Important practical points: the lease has 56 years remaining, which may prevent many mortgage lenders from offering loans. Service charges and ground rent are significant (approx. £2,233.24pa service charge; £898.50pa ground rent), and heating is by electric storage heaters — factors to budget for.
Overall this is a straightforward, well-situated retirement apartment offering either low-effort living or a short‑term investment with rental income. Buyers should check leasehold lending options and factor ongoing service charges and ground rent into affordability calculations.
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