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Block of Apartments for sale

Bennett Road, Charminster

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Property Description

Full description

Investment opportunity available for a pair of open plan one x bedroom flats within the rear of an end terrace commercial/building.

 

The two x flats were converted within the last 5 years and are currently rented out at: Ground floor garden flat (67) £650.00 pcm. & Fff (67A) £600.00 pcm. Total gross income £15,000.00 p.a. which provides a return of 6.7% based on the asking price. I am advised by the vendor that each flat is approximately 440 sq ft (40.88 sq mt) in size. I have not seen the internal condition of the flats to confirm the layout, condition or specification and rely on the vendor's information. Each flat will be offered with a new 99 year lease with a ground rent of £200.00 p.a. Maintenance shared 50/50 on an as and when necessary basis. The building that houses the flats is situated to the rear of 65 Bennett Rd, this building has a shop on the ground floor/front. The flats are available individually at £125,000 each. For further details please contact Andrew Hooper on 01202 779911. More development and investments available on our web site: www.churchfield.uk.com

 

Please note: Development or Investment site (s), bought through Churchfield the purchaser is required to retain us at the rate of 1.8% (minimum fee of £2,400) including Vat at the prevailing rate. For any Land, Development or Investments acquired, Churchfield must be instructed to re-sell the finished units at 1.8% including vat or re-let at 9.6% including vat (fully managed) the acquired property or the developed properties on a sole agency basis within three years of completion. If Churchfield are not instructed and the acquisition is sold or Let by the purchaser/s within this period, an additional fee of 1.8% including vat (minimum fee £2,400 including vat) of the original purchase price will be chargeable to the purchaser in addition to any other costs or charges agreed. Once the three year period after completion of the purchase has expired, the purchaser is free to offer the acquisition to any third party with Churchfield having no financial interest.

 

Churchfield Offer a FREE Selling Service to Vendors of Land and Investments


Listing History

Added on Rightmove:
04 February 2016

Nearest stations

  • Bournemouth (0.5 mi)
  • Pokesdown (1.5 mi)
  • Branksome (2.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Churchfield Estate Agents, Bournemouth

122 Charminster Road, Bournemouth, BH8 8UT

03339 873377 Local call rate

How much will it cost me to call the number displayed on the site?

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Nearest stations

  • Bournemouth (0.5 mi)
  • Pokesdown (1.5 mi)
  • Branksome (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Churchfield Estate Agents, Bournemouth

122 Charminster Road, Bournemouth, BH8 8UT

03339 873377 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 9306. 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 Churchfield Estate Agents, Bournemouth. 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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