10
5
£35k
Not every successful sale starts with a perfect property.
Sometimes success comes from honest presentation, intelligent pricing, and matching the right buyers to the right opportunity.
This two-bedroom ground-floor garden flat on Howeth Road, Ensbury Park is a strong example of how the right strategy can deliver an excellent result - even in a challenging section of the market.
PROPERTY OVERVIEW – HOWETH ROAD, ENSBURY PARK
- 📍 Location: Howeth Road, Ensbury Park, Bournemouth, BH10
- 🏡 Property Type: Two-bedroom ground-floor garden flat
- 💰 Guide Price: £180,000
- 📅 Listed: 1 October 2025
- 👀 Total Viewings: 10
- 📨 Offers Received: 5 (Best & Final)
- ✅ Sale Agreed: £215,000
- ⏱ Time to Agree Sale: 23 days
The Starting Point
The owner was restructuring her rental portfolio and looking to sell several investment properties.
This particular flat required significant modernisation.
In simple terms, it needed gutting.
- New kitchen
- New bathroom
- Replacement floor coverings
- Cosmetic decoration throughout
The property was also tenanted, which introduced practical limitations around access and viewings.
Historical comparable evidence (which we know can guide us to a limited degree) suggested a value somewhere between £185,000 and £195,000 in its current condition, aligning with the seller’s expectations. However, the figure that truly mattered was her comfort zone, £180,000, the level where the sale worked financially and the bottom end of her comfort zone.
So rather than chasing optimism, we built the strategy around that number.
Pricing Strategy Over Optimistic Pricing
In today’s flat market, accuracy at launch is critical.
There is currently a clear oversupply of flats locally. When supply increases and demand remains steady, or softens slightly, buyers gain more choice and take longer to make decisions. Naturally, this places downward pressure on pricing.
Overpricing in these conditions risks losing early momentum entirely.
By launching at £180,000, we encouraged immediate engagement and allowed the market to respond honestly.
Showing the Property “Warts and All”
Our marketing approach doesn’t change depending on condition.
If anything, transparency becomes more important when a property needs work.
We presented the flat exactly as it was, ensuring buyers fully understood the scale of refurbishment required before stepping through the door
This attracts the right audience, buyers actively looking for projects, and aligns expectations from the outset.
The result was a 50% viewing-to-offer ratio, showing strong buyer alignment.
A Unique Viewing Challenge - And Why Patience Matters
Because the property was tenanted, viewings could only take place on Saturdays, dictated by the tenant’s availability.
This meant we couldn’t conduct continuous viewings throughout the week. Instead, interest had to be built, scheduled, and carried forward week by week:
- Viewings booked → wait a week
- Next viewing window → build further demand
- Repeat process
Realistically, we could have agreed a sale after the very first Saturday of viewings.
However, accepting an early offer doesn’t necessarily mean achieving full market value.
By seeing out all genuine interest and allowing every motivated buyer the opportunity to view, we ensured the property was fully exposed to the market before inviting Best & Final offers.
This gives sellers far greater confidence that the agreed price reflects true market value - not simply the first acceptable offer.
Market Response
- First viewing: 4 October
- Last viewing: 11 October
- Total viewings: 10
Once interest reached a natural peak, we moved to a structured Best & Final offers process.
We received five competing offers, ranging significantly:
- Lowest Offer: £134,000
- Highest Offer: £215,000
Why the Highest Offer Isn’t Always the Best Offer
Although £215,000 was the strongest figure, the decision wasn’t purely price-led.
We guided the seller using a Risk vs Reward framework.
The accepted buyer stood out because:
- They had a substantial cash deposit
- Their onward sale was well progressed
- Financial arrangements were verified through due diligence
- Their overall position suggested a high likelihood of completion
Certainty matters - particularly in a slower market where failed sales can cost months.
The Bigger Market Picture
The current flat market highlights an important reality:
Strategy matters more than condition.
Even with increased supply and cautious buyers, strong results are still achievable when:
- Pricing is realistic from launch
- Marketing is transparent
- Buyers are properly qualified
- Competition is structured rather than rush
The Outcome
By pricing intelligently, presenting honestly, and allowing the market sufficient exposure, we achieved:
- 10 qualified viewings
- 5 Best & Final offers
- A 50% viewing-to-offer ratio
- A sale agreed at £215,000 - £35,000 above the guide price
A reminder that patience and process often outperform speed alone.
_ _ _
Every property, and every seller, is different.
Our role isn’t to force or dictate market value, but to create the conditions that allow the market to reveal the best possible outcome.
Through intelligent pricing, complete transparency, and fairly induced competition, we help sellers across Bournemouth, Christchurch, Poole and surrounding areas move with clarity and confidence.
If you’re considering a move and want to understand what your property’s strategy might look like, we always welcome a convo - get in touch!.
