Christchurch Road, Boscombe, Bournemouth BH1

£695,000

Guide price

  • Bedrooms: 1
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 - £135,000 - Rental income - £650pcm

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

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

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

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

Total Rental Income: £38,940 per annum (producing a gross yield of 6.2%)

Arrange viewing 01202 922867

Lovett Estate Agents

716 Christchurch Road, Boscombe, Bournemouth, Dorset

See all properties from this agent

Send me homes like this by email

Bournemouth Echo