* Leasehold
* Ideal Investment Property
* Four Self - Contained Apartments
* Currently Fully Tenanted
* Central Location
* 3 Studios & 1 One Bedroom Apartment
* Held on a 999 Year Head Lease from 1997
* Generating £2, 925 pm / £35, 100 pa
* Potential to Increase
* As - and - When Basis Maintenance
* Moments from Shops, Facilities & Transport Links
Fully tenanted investment opportunity, situated in a central location in the
heart of Bournemouth town centre. This popular location is sought after by
tenants due to its close proximity to the shops, restaurants, facilities,
beaches and transport links on offer.
Offered for sale is a portfolio of four apartments, all well - presented and in
good condition throughout, with each having its own gas central heating.
Comprising 3 x studio apartments and 1 x one bedroom apartment, the four
apartments are held on a single head lease with the remainder of a 999 year
term from 1997. Also held under the head lease is a further one bedroom flat,
which has been sold on a long lease, held on the remainder of a 125 year lease
from 2013.
There is no set service charge and maintenance of the building is carried out
on an as - and - when basis, shared between the five flats and the ground floor
commercial premises. Please note that Flats 1 - 4 are situated on the first and
second floors of the premises, above night time entertainment facilities, but
they have received the appropriate noise pollution sign off from bcp Council.
The four apartments are currently all tenanted, generating an income of £2, 925
per month / £35, 100 per annum at present. This represents a yield of 10% at
the asking price.
Please contact us if you require any further information on this exciting
landlord investment opportunity or wish to arrange a viewing.
**Tenure**
Leasehold - Held on a 999 year head lease from January 1997
**Maintenance**
Carried out on an as - and - when basis, shared between the five flats and the
ground floor commercial premises.
**Energy Performance Certificates**
Flat 1 - D (65)
Flat 2 - C (70)
Flat 3 - C (75)
Flat 4 - C (75)

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