ROI = 11% BMV = 9.25%
Description

Turnkey condition and a neutral design make this apartment suitable for owner occupation, holiday lets or normal rentals. This is a versatile property! And yes you read that correctly, you can holiday let this home! Rooms are bight and airy, materials used throughout are of high quality and the location is popular, with Castlepoint shopping centre just moments away. What is it? A great opportunity to secure a freshly overhauled apartment in a great location, with a brand new long lease and the ability to holiday let. This home is currently performing well on Airbnb, with regular bookings. Along with the new lease, this home will have maintenance charges of just £500pa and no ground rent (peppercorn), making for an even more attractive rental/ holiday let proposition. This home is perfect for first time buyers, couples and investors alike, with great 'saleability' in the future. We can also see this home attracting buyers wanting a lock-and-leave bolthole, minutes from transport links and shops. A healthy lease length and low service charges (tbc by the freeholder). Please contact our agency to confirm this information. The main living space is currently minimalist and will be a good canvas to really inject your own style and character. We love the bright main bedroom, with two large openable windows and space for a big bed; again this room is ready for your own style…we can’t wait to see what you do with it! The kitchen is well equipped with good storage, integral white goods and a built in oven (electric hob over). A luxe spec shower room needs no work whatsoever, with an openable window to keep things aired properly. Offered with no chain, the sellers have solicitors ready in waiting to make this a fast deal. Where is it? The location offers an enviable and connected lifestyle with great amenities, transport links, shops, bars and restaurants nearby; Castlepoint shopping centre boasts over 35 stores and outlets, Bournemouth town centre is just a short drive away (or an easy bus ride) and you’ll have an easy route out of Bournemouth. EPC Rating: C Council Tax Band: A Tenure: Leasehold. New 125 year lease Service Charge: Approx. £500pa Ground Rent: Peppercorn. Short Term Lets: Allowed! Pets: Allowed with permission Seller Situation: Vacant Possession - NO CHAIN! *To see homes before they hit the open market, join the OFF-MARKET newsletter! Links on our social media pages and lloydyounghomes.com*  We believe these details to be correct but this cannot be guaranteed. They do not form part of a contract and nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise, nor that any of the services, appliances, equipment or facilities are in good working order or have been tested. Buyers must satisfy themselves on such matters prior to purchase.

Find out More
Property Details
  • Property ID: 155922488
  • Added On: 2024-12-16
  • Deal Type: For Sale
  • Property Price: £180,000
  • Bedrooms: 2
  • Bathrooms: 1.00
Amenities
  • Ground Floor 2 Bed Apartment
  • Offered With No Chain • Fast Deal!
  • Airbnb / Holiday Lets Allowed
  • New 125 Year Lease • Low Charges • Peppercorn Ground Rent
  • Great Condition Throughout • Turn Key Quality
  • Currently Successfully Let On Airbnb
  • Solicitors Instructed & Ready To Work
  • Great Location in Close Proximity To Local Convenience Shopping & Castlepoint Shopping Centre