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2 Yelverton Road, Bournemouth, 1 bed flat for sale
2 Yelverton Road, Bournemouth,
£52,000
2 Yelverton Road, Bournemouth,
£52,000
Our Summary
- Offered to cash purchasers only, this second floor town centre one bedroom apartment offers superb rental returns of 10%+ based on the current rental of £690pcm
- Further information -Lease years remaining - 71Ground Rent - £392Service Charges - £3180Council Tax - AEPC - DIMPORTANT INFORMATION - PLEASE READ -This property is being sold by conditional online auction
- private negotiated sale), the property will be sold via an online auction and at the end of the auction, the highest bidder and seller contractually commit to progress the sale (which remains subject to contract) within a specified period, giving both
Description
This second-floor town centre apartment is being sold to cash purchasers only, with a current rental income of £690 per month, offering returns of 10% or more. The property has one bedroom, lounge, kitchen, and bathroom, and is heated by gas with single-glazed windows. With some minor improvements, the property could potentially increase its rental income to £750 per month. The apartment is currently tenanted, with the tenant having rented the property for six years, and the tenancy is on a rolling periodic lease with 71 years remaining. The property is being sold via a conditional online auction, where the highest bidder will be required to progress the sale, subject to contract, within a specified period.