Offered at £760,000, generating £3,810 per calendar month — a 6.01% gross yield. Immediate income. Latent equity. An established, income-producing asset with four existing tenancies, several held by long-term occupiers, situated just one and a half miles from seven miles of award-winning coastline on England's South Coast.
At £190,000 per unit, the block is priced at a meaningful discount to comparable individual apartment sales on the same road, which have transacted consistently between £205,000 and £218,000. The freehold structure provides full control — no ground rent uncertainty, no service charge creep, and the flexibility to refinance, restructure or individually dispose of units in time.
All four apartments are held under a single freehold title. A purchaser wishing to sell units individually in the future would instruct a solicitor to sever and register separate titles — a standard conveyancing process, and one worth factoring into your legal timeline and cost planning.
Several tenants have been in occupation for extended periods — speaking directly to the quality of the apartments, the desirability of the location, and the low-friction management of a well-run block.
Individual apartment values on this road consistently fall between £195,000 and £218,000. The subject property, offered as a freehold block, is priced at an average of £190,000 per unit. Block acquisitions trade at a discount to individual sales. That discount is the equity.
| Address | Date | Price | Note |
|---|---|---|---|
| 1252 Christchurch Road | Aug 2022 | £195,000 | Individual sale |
| 1256 Christchurch Road | Mar 2023 | £210,000 | Post-surge market |
| 1260 Christchurch Road | Nov 2023 | £205,000 | Stabilised pricing |
| 1270 Christchurch Road | Jan 2024 | £215,000 | Refurbished |
| 1244 Christchurch Road | Jun 2024 | £218,000 | Strong coastal demand |
| Subject property (avg/unit) | Asking 2025 | £190,000 | Freehold block |
Source: HM Land Registry (indicative). Instruct your solicitor to carry out a full title search before relying on these figures in any investment decision.
Since January 2020, flats in the BH postcode have appreciated by approximately 25–30% — outperforming the national average of circa 18% over the same period. The South Coast coastal premium is structural, not cyclical: driven by constrained supply, lifestyle migration and sustained rental demand.
| Period | BH avg. flat | Growth since 2020 | Context |
|---|---|---|---|
| Jan 2020 | £165,000 | Baseline | Pre-pandemic market |
| Dec 2021 | £189,000 | +14.5% | Post-lockdown coastal surge |
| Dec 2022 | £196,000 | +18.8% | Strong demand; rate rises begin |
| Dec 2023 | £199,000 | +20.6% | Market stabilisation |
| Jun 2024 | £207,000 | +25.5% | Recovery as rates ease |
| 2025 (est.) | £215–220,000 | +30–33% | Forecast: Savills / ONS HPI |
Sources: ONS UK House Price Index; Savills Residential Market Forecast 2024; JLL South Coast Outlook. Figures are indicative. Verify via ONS HPI at landregistry.data.gov.uk using BH postcode filter.
Yield figures are calculated on the asking price and do not account for purchase costs, void periods, management fees or maintenance. Past capital growth does not guarantee future performance.
Prospective purchasers should seek independent professional advice appropriate to their circumstances before taking any action on the basis of this document.
All comparable sale prices are indicative and sourced from publicly available Land Registry data. They should be independently verified. Yield figures are calculated on the asking price and do not account for purchase costs, void periods, management fees or maintenance. Past capital growth does not guarantee future performance. TAUK is the trading name of a personal estate agency and acts as agent only.