Studio flat for sale

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Studio flat for sale

Knyveton Road, Bournemouth
£75,000

Our Summary

  • * BUY TO LET/INVESTMENT OPPORTUNITY - A GROUND FLOOR STUDIO APARTMENT LOCATED CLOSE TO BOURNEMOUTH TOWN CENTRE AND BEACHES *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
  • BUY TO LET/INVESTMENT OPPORTUNITY

Description

This is a ground floor studio apartment located in a prime position close to Bournemouth town centre and beaches, offering a buy-to-let/investment opportunity with a tenant already in situ. The studio apartment has an open plan lounge/kitchen/bedroom, separate shower room, and a mezzanine area perfect for storage or conversion to a sleeping area. The property also comes with a storage room and benefits from a residents parking permit, gas central heating, and well-maintained communal grounds. With a lease remaining of 956 years and a service charge of approximately £2400 per annum, this property offers a 12% yield and is currently fetching a rental income of £750 per calendar month. The property is situated in a convenient location, with local shops, restaurants, and bars nearby, as well as excellent transport links, including bus routes and Bournemouth train station just a short walk away.