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Block of Apartments for sale

Southbourne

£1,100,000

Property Description

Full description

A superb opportunity to acquire a freehold block of beautifully refurbished apartments with direct panoramic sea views and parking. The properties have been professionally and comprehensively modernised throughout and comprise of 3 x one bedroom apartments, 1 x 2 bedroom apartment and 1 x two bedroom duplex penthouse. At the current asking price the property would produce a 5.2% Yield as a AST rental investment or 6.6% as a holiday let investment.

Precis Of Accommodation -

Ground Floor Shop - Currently a trading shop unit however a planning application to convert the existing premises into a one bedroom apartment will be submitted shortly. The Asking Price includes the existing owner converting this at their expense to a similar standard as the rest of the block.

Ground Floor Flat - One bedroom Ground Floor flat with its own private entrance and limited views from the Living Room across Bournemouth Bay. Open plan Kitchen and Living Room, separate double bedroom, bathroom with shower over.

First Floor Flat - One bedroom First Floor flat with its own private entrance and stunning views from the Living Room across Bournemouth Bay. Open plan Kitchen and Living Room, separate double bedroom, bathroom with shower over. Allocated parking space.

First Floor Flat - One bedroom First Floor flat accessed via communal entrance and stunning views from the Living Room across Bournemouth Bay with independent Balcony. Open plan Kitchen and Living Room, separate double bedroom, bathroom with shower over.

Second And Third Floor Duplex - An outstanding flat with large Kitchen and Breakfast Room and balcony with unobstructed sea views across Bournemouth Bay, Bathroom with shower over the bath, two double bedrooms on the First Floor. Stairs to Second floor to Open plan Living/Dining Room with vaulted ceiling and balcony providing unobstructed sea views across Bournemouth Bay.

Directional Note - From our office in Highcliffe proceed in a Westerly direction towards Christchurch. At the Fountain roundabout take the second exit past Twynham School and continue to the end. At the roundabout take the first exit over the bridge. At the next roundabout take the second exit and continue up the hill to the local shops. Take the left hand turning here into St Catherines Road and immediately left again where the property will be found on the right and numbered.

Please Note - Under the terms of the Estate Agency Act 1979 (section 21) please note that the Vendor of the property is related to a staff member of Ross Nicholas & Company Limited.

All measurements quoted are approximate and for general guidance only. The fixtures, fittings, services and appliances have not been tested and therefore, no guarantee can be given that they are in working order. Photographs have been produced for general information and it cannot be inferred that any item shown is included with the property.

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Listing History

Added on Rightmove:
29 February 2016

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