Located close to Bournemouth town centre and beaches is this ground floor studio apartment currently being sold as an investment property with the benefits of a tenant in situ allowing income from the moment you complete. The studio is currently fetching a rental income of £700pcm with an approx. yield of 7%. The accommodation comprises an open plan lounge/kitchen/bedroom with separate shower room. There is a mezzanine ideal for storage or could be converted to a sleeping area. This flat also comes with a storage room which is separate to the flat itself and currently has a sliding door wardrobe built in. The property also benefits from a residents parking permit, gas central heating and well maintained communal grounds. Tenure: Share of Freehold Lease remaining: 956 years Service charge is approx. £2400 per annum. and includes buildings insurance and water rates. Council Tax Band: A The property is located within close proximity of Bournemouth town centre. The popular beaches are just a short walk away along with the local shops, restaurants and bars. Local transport links including bus routes are close by. Bournemouth train station is less than a mile away.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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