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6 bedroom block of apartments for sale

Christchurch Road, Boscombe, Bournemouth, BH1

Sold STC £580,000

Property Description

Key features

  • 4 x 1 Bedroom Flats
  • 1 x 2 Bedroom Flat
  • Double Glazed
  • Security entry system
  • Investment Opportunity
  • Good Size Accommodation
  • Convenient location
  • Close to Boscombe Precinct

Full description

Tenure: Leasehold

Boscombe is an extremely popular suburb of Bournemouth which is located to the south east neighbouring both Bournemouth town centre and Southbourne. Locally there are a number of great shopping facilities varying from well-established independent stores to the popular chains.

5* Award Winning Sandy Beaches, Pier, Promenade and Chine Gardens are comfortably unrivaled features, having undergone extensive investment and benefiting from Sea front restaurants, a surf school and popular bars/bistros selling local produce.



Portfolio sale: Five modern flats, four one bedroom apartments and one two bedroom apartment. All units currently tenanted. Ideally situated in Boscombe precinct close to shops, restaurants, pubs and cafes, Boscombe bus station also within short walking distance. Block includes intercom entry system, full gas central heating to all five flats. The top floor two bedroom top floor  has the benefit of a balcony and also two of the one bedroom flat also have the benefit balconies. All flats come with 150 year leases and peppercorn ground rents. 

Flat1 - 1 bed first floor flat - Surveyor Value £135,000 - Rental income - £650pcm

Flat 2 - 1 bed first floor flat - Surveyor Value £125,000 - Rental Income - £615pcm (Rent increase due in September)

Flat 3 - 1 bed first floor flat - Surveyor Value £135,000 - Rental Income - £625pcm (Rent increase due in August)

Flat 4 - 1 bed first & second floor maisonette - Surveyor Value £140,000 - Rental Income - £670pcm

Flat 5 - 2 bed second floor flat - Surveyor Value £160,000 - Rental Income - £685pcm (Rent increase due in August)

Total Rental Income:  £38,940 per annum (producing a gross yield of 6.7%)



Tenure: Leasehold with 150 year leases

Service Charge : As & When

Ground Rent : Peppercorn

Return on investment : 6.7% 

This information has not been verified and should not be relied upon as statement of fact, but it is given in good faith for guidance only.

Looking to sell? Call Lovett Estate Agents to arrange your complimentary valuation.




More information from this agent

Listing History

Added on Rightmove:
17 July 2018

Nearest stations

  • Pokesdown (0.7 mi)
  • Bournemouth (1.1 mi)
  • Christchurch (2.5 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Lovett Estate & Lettings Agents, Bournemouth

716 Christchurch Road, Boscombe, Bournemouth, BH7 6BZ

01202 066294 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.

Floorplans


To view this property or request more details, contact:

Lovett Estate & Lettings Agents, Bournemouth

716 Christchurch Road, Boscombe, Bournemouth, BH7 6BZ

01202 066294 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.

Map & Street View

Nearest stations

  • Pokesdown (0.7 mi)
  • Bournemouth (1.1 mi)
  • Christchurch (2.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Lovett Estate & Lettings Agents, Bournemouth

716 Christchurch Road, Boscombe, Bournemouth, BH7 6BZ

01202 066294 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 11724842. 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 Lovett Estate & Lettings 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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