Christchurch Road, Bournemouth £550,000

 Property  6 bedrooms  4 bathrooms  Bournemouth

Description

A CHARACTERFUL, MODERN AND WELL PRESENTED FREEHOLD DEVELOPMENT/INVESTMENT OF FOUR, SELF-CONTAINED FLATS (2X1 BEDS AND 2X2 BEDS) SET IN THE HEART OF BOSCOMBE PRECINCT CONVENIENT FOR SHOP AND FACILITIES.


With a potential rental yield of circa £43,000pa, this freehold set of four self-contained flats is a great long term investment.
There are two x one bed flats and two x two bed flats and all are in good condition with the development as a whole just being carried out some 8 years ago.

It has the freehold of the whole building with the ground floor commercial premises (an Amusements Arcade) having been previously sold off on a long lease. 
Access is via a communal front door off the busy Boscombe/Christchurch Road Precinct where there is a full range of shops and services. 

The beach at Boscombe Pier is just a few minutes walk down Sea Road whilst there is the Sovereign Centre bus interchange just round the corner on Ashley Road.
The flats have double glazing, gas fired central heating and modern kitchens and bathrooms.
Currently producing £33,900pa, there is room for growth in the rents with the current or subsequent tenants and with you owning the freehold too, it would even make a great collection of holiday/Airbnb style apartments (STPP)

A selection of sample photographs are listed here to give you a feel for the building but to get more details and to see it for yourself, give us a call to make your accompanied appointment; with a few days notice please.


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Location
Key features
  • MODERN AND FULLY OCCUPIED
  • WELL PRESENTED
  • ROOM FOR RENTAL GROWTH
  • GREAT, HIGH STREET LOCATION
  • 2 X 2 BEDS, PLUS 2 X 1 BEDS
  • GFCH
  • YIELD POTENTIAL CIRC u00a343,000PA
  • VIEW BY APPOINTMENT ONLY
  • RARE AND SOUGHT AFTER FREEHOLD INVESTMENT
  • CIRCA 182m2/1961ft2 of FLATS PLUS COMMUNAL HALLWAYs
Facts & figures
  • Property
  • 6 bedrooms
  • 4 bathrooms
  • Bournemouth
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