Investment property- Private entrance- Self contained studio- In need of light refurbishment.
- If you would like to arrange a pre-auction viewing or discuss a pre-auction bid please call the Town & Country Team on 01202 879 157
Lease Term:Remains of 999 years Lease Term, please see legal pack
Ground Rent: No ground rent
Service charge: Please refer to the legal pack
We are told by contacting local agents in the area that a rental value of £475 Per Month is achievable due to the high demand for studio apartments within walking distance to the beach & local amenities.
Based on the current rental value we are pleased to confirm a yield of approximately 9% Per Annum.
*The guide price may not always be the same as the reserve price .The guide is an indication given by the Auctioneer. Where the guide price is a bracket figure, the reserve cannot exceed the top end of the bracket price. If the guide price is a single figure, then the reserve can be up to 10% in excess of this.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but most satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
510 Christchurch Road, Bournemouth, Dorset, BH1 4BE