This property is a second-floor one-bedroom flat located in a residential area, close to local shops and amenities, and within walking distance to Bournemouth Beach. The flat is held on a 250-year lease from 2005, with approximately 230 years unexpired. It is currently subject to an Assured Shorthold Tenancy, producing £10,800 per annum, and has an estimated rental value of £15,600 per annum, reflecting a gross initial yield of 12.5%. The property benefits from underground parking and ANPR controlled parking, as well as a porter. The vendor has advised that the property is available for sale by public auction on July 3rd, 2025, at 10:00 AM.