Arrange a viewing for: Bournemouth, BH1 - £635,000

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01202 303044

1 bedroom for saleBournemouth, BH1

£635,000
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Main features

  • 4 x 1 Bedroom Flats
  • 1 x 2 Bedroom Flat
  • Double Glazed
  • Security entry system
  • Investment Opportunity
  • Good Size Accommodation
  • Convenient location
  • Close to Boscombe Precinct

About this property

Portfolio sale: Five modern flats, four one bedroom apartments and one two bedroom apartment. All units currently tenanted. Ideally situated in Boscombe precinct close to shops, restaurants, pubs and cafes, Boscombe bus station also within short walking distance. Block includes intercom entry system, full gas central heating to all five flats. The top floor two bedroom top floor  has the benefit of a balcony and also two of the one bedroom flat also have the benefit balconies. All flats come with 150 year leases and peppercorn ground rents. 

Flat1 - 1 bed first floor flat - £135,000 - Rental income - £650pcm

Flat 2 - 1 bed first floor flat - £125,000 - Rental Income - £615pcm (Rent increase due in September)

Flat 3 - 1 bed first floor flat - £135,000 - Rental Income - £625pcm (Rent increase due in August)

Flat 4 - 1 bed first & second floor maisonette - £140,000 - Rental Income - £670pcm

Flat 5 - 2 bed second floor flat - £160,000 - Rental Income - £685pcm (Rent increase due in August)

Total Rental Income:  £38,940 per annum (producing a gross yield of 6.2%)

EPC

Awaiting EPC.

Property brochure

Awaiting Property Brochure

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Lovett OUR UK BRANCHES

  • Bournemouth

    455 Christchurch Road
    Bournemouth
    Dorset
    BH1 4AD

  • Boscombe

    716 Christchurch Road
    Boscombe
    Dorset
    BH7 6BZ

  • Pokesdown

    936 Christchurch Road
    Pokesdown
    Dorset
    BH7 6DL

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