Flats 1-9 , Windsor Court, Norwich Avenue West, Bournemouth
- PROPERTY TYPE
Detached
- BEDROOMS
9
- BATHROOMS
9
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
Nestled in the sought-after location of 45 Norwich Avenue West, BH2 6AJ, Windsor Court stands as a remarkable investment opportunity. This freehold detached block comprises nine stylish 1-bedroom flats, creating a stable and lucrative income stream with an impressive annual revenue of £91,200.
What sets Windsor Court apart is not just its prime location but also the remarkable leveraged yield it offers. With a leveraged yield of 8.673684%, this investment opportunity presents an attractive prospect for investors seeking both stability and growth.
The one-bedroom flats within Windsor Court are designed to offer modern and comfortable living spaces, ensuring broad tenant appeal. The freehold status adds an additional layer of value and flexibility, granting the owner full control over the property without the constraints of ongoing lease obligations.
This property's financial performance, combined with its strategic location and freehold status, positions Windsor Court as a standout opportunity in the real estate market. Whether you are a seasoned investor or someone entering the property market, this impressive offering promises both a strong current income and potential for future appreciation. Don't miss the chance to be part of this compelling investment venture at Windsor Court.
Feasibility Study based on a 30% Deposit & 6.4% interest rate
Strike Price £1,300,000
Income £91,200 per annum
£1,300,000 x 30% Deposit = £390,000
£1,300,000 - £390,000 = £910,000 Loan
£910,000 x 6.4% interest Rate = £58,240
Annual Income £91,200 - £58,240 = £32,960
£32,960 / (divide by) £380,000 Deposit = 8.673684% Yield
Flat 1 - £11,100.00
Flat 2 - £11,400.00
Flat 3 - £8,400.00
Flat 4 - £10,800.00
Flat 5 - £8,100.00
Flat 6 - £10,800.00
Flat 7 - £10,800.00
Flat 8 - £10,200.00
Flat 9 - £9,600.00
Tenure: Freehold
Brochures
Brochure- 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.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- 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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Energy performance certificate - ask agent
Flats 1-9 , Windsor Court, Norwich Avenue West, Bournemouth
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Branksome Station1.3 miles
- Bournemouth Station1.3 miles
- Parkstone Station2.5 miles
About the agent
Milestone Group, Eastbourne
39-41 Seaside, Eastbourne, BN22 7NB
Welcome to Milestone Group - Your Gateway to Specialist Investment and Engineering Services
At Milestone Group, we pride ourselves on being industry leaders in providing specialist investment and engineering services. With a team of national specialists and a network of high-end national and international buyers, we are your trusted partner in achieving exceptional results for your investment and engineering needs.
Milestone Group work with over 10,
Industry affiliations
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Visit our security centre to find out moreDisclaimer - Property reference RS0707. 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 Milestone Group, Eastbourne. 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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