£794,000

8 bedroom block of apartments for sale

Dorset, BH8
flat flat
bedrooms 8 bedrooms
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Property description

*INVESTMENT OPPORTUNTY*

BLOCK OF FIVE APARTMENTS

The property is situated on the northern side of Porchester Place in the Boscombe area of Bournemouth.

A three-storey block comprising of five flats, constructed circa 2008. Constructed of rendered brick walls, beneath a tiled pitched roof.
The third storey occupies the roof space, utilising former windows in the roof slope.

The block is made up of one and two bedroom flats; one on the ground floor, two on the first floor and two on the top floor.
There is 3 two bedroom flats and 2 one bedroom flats.

Flat Measurements:

Flat 1A: 61 sqm - 656.60 sqft
Flat 1B: 55 sqm - 592.02 sqft
Flat 1C: 87 sqm - 936.46 sqft
Flat 1D: 54 sqm - 581.25 sqft
Flat 1E: 86 sqm - 925.70 sqft

There is a communal entrance to the front of the property with UPVC double glazed windows throughout.

There is a gate providing access to a courtyard at the rear. With a forecourt at the front of the property, with parking spaces for three cars.

The annual income for the block totals to £59,760 with a yield of 7.52%. (Potential increase to £68,400 PA with 8.61% yield)

Please note, each flat has it's own EPC which can be provided on request.

Please call us for more information.
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First listed

Over a month ago

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Dorset, BH8

Marketed by

BRIGHTWATER - New Forest 2 High Street Ringwood, Hampshire BH24 1AF
Call agent on 01425 292851
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by BRIGHTWATER - New Forest. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact BRIGHTWATER - New Forest for full details and further information.
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