St. Michaels Road, Bournemouth... Studio for sale

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St. Michaels Road, Bournemouth... Studio for sale

St. Michaels Road, Bournemouth, Dorset, BH2
£105,000

Our Summary

  • FANTASTIC INVESTMENT OPPORTUNITY STUDIO FLAT WITH OWN PRIVATE ENTRANCE SITUATED CLOSE TO BOTH THE BEACH & TOWN CENTRE
  • Situated within close proximity of the award winning beaches and a short stroll into the town centre with its array of restaurants, shops and cafes, this lower ground floor studio flat is a great investment opportunity

Description

This studio flat is a fantastic investment opportunity, situated close to the beach and town centre. The property has a private entrance and is currently tenanted, paying £750 per month, generating an 8% yield. The studio room is a good size, surprisingly light and airy, with built-in storage and a private entrance. The kitchen is well-equipped with integrated appliances, including a hob, oven, and fridge-freezer. The bathroom features a three-piece suite with a bath, shower attachment, and separate WC. The property is leasehold, with 117 years remaining on the lease, and comes with a ground rent of £250 per year and a service charge of £1,700 per year. With a Band 'A' council tax rating and an EPC rating of Band 'E', this property is a great opportunity for investors looking for a stable and profitable investment.