ROI = 11% BMV = 12.69%
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Description
**LONG LEASE - 116 YEARS REMAINING**ALLOWS HOLIDAYS LETS** Located in the Heart Of Bournemouth Town Centre within minutes of Bournemouth Pier and Award Winning Beaches. This ground floor ONE DOUBLE BEDROOM flat is well presented throughout and benefits from GOOD SIZE LIVING SPACE with lounge/dining room and fitted kitchen with combi boiler, tiled white bathroom suite plus gas central heating and UPVC double glazing.The block is accessed via a secure entry phone system with lift to all floors. The property is currently rented for £800 per month (8% yield return) with holiday lets allowed.Within walking distance of Bournemouth Gardens, restaurants, bars, shops plus easy reach to all other amenities and transport links, making this an ideal residential property or buy to let investment.Lease - 116 Years RemainingService Charge - £2616 Per YearGround Rent - £250 Per Year
Find out MoreProperty Details
- Property ID: 157201523
- Added On: 2025-01-23
- Deal Type: For Sale
- Property Price: £119,950
- Bedrooms: 1
- Bathrooms: 1.00
Amenities
- Great Investment Opportunity - Currently Achieving £875 A Month
- Air B&B Allowed Within The Lease
- One Double Bedroom
- Spacious Lounge/Dining Room With Fitted Kitchen
- Family Bathroom Suite
- Minute From Bournemouth Pier & Award Winning Beaches
- Located In The Heart Of Bournemouth Town Centre
- Lease - 116 Years Remaining
- Service Charge - £2616 Per Year & Ground Rent - £250 Per Year
- No Forward Chain
