Property Details

2 bedroom apartment for sale For Sale

Lansdowne House, Christchurch Road, Bournemouth, BH1

£140,000

ROI = 14% BMV = 49.08%

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Description

House and Son are delighted to offer for sale this investment property **CASH BUYERS ONLY** due to the remaining lease length. Situated in the convenient Lansdowne area of Bournemouth, within ten minutes walk of the town and beach. The quoting price has allowed for the future Premium and legal costs for a lease extension. The accommodation briefly comprises: entrance hall with cloak cupboards, lounge, kitchen, two bedrooms, bathroom and separate cloakroom. The heating and hot water is provided through a communal boiler system and included with the service charges. Resident permit parking is available on a first come first serve basis, an arrangement provided to the residents by the Freeholder. A rejuvenation of the area immediately behind Lansdowne House will begin, we believe, in 2025, to include residential apartments and housing. The property is currently let under an AST with two months notice required to the current tenant; ideal for a buy to let investment or home. The current Rental PCM is circa £1150. COMMUNAL ENTRANCE Via a secure Entryphone system, with lift and stairs to all floors. ENTRANCE HALL 0m x 0m) LOUNGE 12' 5" x 12' 10" (3.78m x 3.91m) KITCHEN 11' 11" x 9' 2" (3.63m x 2.79m) BEDROOM ONE 13' 11" x 11' 11" (4.24m x 3.63m) BEDROOM TWO 8' 5" x 7' 3" (2.57m x 2.21m) BATHROOM 8' 3" x 5' 1" (2.51m x 1.55m) CLOAKROOM 6' 10" x 2' 11" (2.08m x 0.89m) TENURE AND CHARGES Tenure: Leasehold - 52 years remaining Ground Rent: £35 per annum Service Charge: £5122.14 per annum EPC Rating: D Council Tax Band: B

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