Old Christchurch Road, Bournemouth Town Centre
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
4
- BATHROOMS
4
- SIZE
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Key features
- Ideal Investment Property
- Four Self-Contained Apartments
- Currently Fully Tenanted
- Central Location
- 3 Studios & 1 One Bedroom Apartment
- Held on a 999 Year Head Lease from 1997
- Generating £2,925 pm / £35,100 pa
- Potential to Increase
- As-and-When Basis Maintenance
- Moments from Shops, Facilities & Transport Links
Description
Offered for sale is a portfolio of four apartments, all well-presented and in good condition throughout, with each having its own gas central heating. Comprising 3 x studio apartments and 1 x one bedroom apartment, the four apartments are held on a single head lease with the remainder of a 999 year term from 1997. Also held under the head lease is a further one bedroom flat, which has been sold on a long lease, held on the remainder of a 125 year lease from 2013.
There is no set service charge and maintenance of the building is carried out on an as-and-when basis, shared between the five flats and the ground floor commercial premises. Please note that Flats 1-4 are situated on the first and second floors of the premises, above night time entertainment facilities, but they have received the appropriate noise pollution sign off from BCP Council.
The four apartments are currently all tenanted, generating an income of £2,925 per month / £35,100 per annum at present. This represents a yield of 10% at the asking price.
Please contact us if you require any further information on this exciting landlord investment opportunity or wish to arrange a viewing.
Tenure - Leasehold - Held on a 999 year head lease from January 1997
Maintenance - Carried out on an as-and-when basis, shared between the five flats and the ground floor commercial premises.
Energy Performance Certificates - Flat 1 - D (65)
Flat 2 - C (70)
Flat 3 - C (75)
Flat 4 - C (75)
Brochures
Old Christchurch Road, Bournemouth Town CentreBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Old Christchurch Road, Bournemouth Town Centre
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bournemouth Station0.5 miles
- Branksome Station2.1 miles
- Pokesdown Station2.2 miles
About the agent
Castleman Estate Agents, Verwood
7 Station Road Verwood BH31 7PY
Castleman Estate Agents was founded by three local residents and business partners Andy, Nick and Joe. We wanted to create an Estate Agency that provides first class unrivalled communication and expert local knowledge, coupled with modern technology and traditional family values.
We are on hand to provide a friendly and professional service and guide you through your sale or purchase. Our rates are always competitive and our terms extremely flexible.
We also work hard to su
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 32031291. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Castleman Estate Agents, Verwood. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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