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COMMERCIALUNDER OFFER

Flats 1-9 , Windsor Court, Norwich Avenue West, Bournemouth

£1,300,000
Milestone Group, Eastbourne
PROPERTY TYPE

Land

SIZE

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Description

Freehold Investment ** 9 x 1 Bed Flats ** Income of £91,200 per annum ** Leveraged Yield of 8.673684% ** Sought After Locations ** Parking ** External & Internal Work Completed **

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

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 Milestone Group, Eastbourne

39-41 Seaside, Eastbourne, BN22 7NB
Industry affiliations:Industry affiliation logo 0

Milestone Sales & Lettings The Low Cost Hight Service Agency of tomorrow.

Notes

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