Property Details

2 bedroom flat for sale For Sale

Royal Mail, Castle Lane West, Muscliff, Throop, Bournemouth, Bournemouth, Christchurch and Poole, England, BH9 3JU, United Kingdom

£170,000

ROI = 11% BMV = 12.07%

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Description

Nestled within a popular residential area, this first floor apartment offers an excellent investment opportunity with a lease term of 124 years remaining. Boasting a remarkable rental yield of 7.5%, this property presents a lucrative prospect for the savvy investor seeking an attractive return on investment. For those looking to acquire a property with tenants already in place, the option to purchase with tenants in situ is also available, offering immediate rental income upon acquisition. Upon entering the property, you are greeted by a bright and spacious interior that has been meticulously maintained. The accommodation comprises two generously proportioned bedrooms, providing comfortable living spaces that are ideal for both professionals. The integrated kitchen appliances enhance the modernity of the property, offering convenience and functionality for its occupants. Benefitting from gas central heating, residents can enjoy a warm and cosy ambience throughout the property, especially during the colder months. The service charge, set at £850 per annum, covers the maintenance of communal areas, ensuring the upkeep of the building and contributing to a pleasant living environment for all residents. Additionally, the property permits holiday lets, opening up the possibility for short-term rental opportunities and increasing the potential for additional income streams. This flexibility not only appeals to investors seeking diverse rental options but also provides a unique opportunity for those looking to maximise their returns. Conveniently located within easy reach of local amenities, public transport links, and recreational facilities, residents can benefit from a well-connected and vibrant neighbourhood. Whether you are looking for a long-term investment or a property that offers both rental income and holiday letting potential, this first floor apartment presents a compelling opportunity that combines modern living with a sound financial investment. EPC Rating: C

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