We are proud to offer this One Bedroom Retirement Flat with TENANTS IN SITU – - all interest and OFFERS are INVITED.
*Guide Price £75,000 - £85,000*
Bedrooms
1
Bathrooms
1
Property type
Apartment
Guide Price
£75,000
We are proud to offer this One Bedroom Retirement Flat with TENANTS IN SITU – all interest and OFFERS are INVITED.
*Guide Price £75,000 - £85,000*
INVESTMENT OPPORTUNITY – TENANTS IN SITU
We are delighted to offer this one bedroom retirement property for sale with tenants in situ, presenting an ideal investment opportunity for landlords and investors alike. The property is currently let under an assured shorthold tenancy agreement, generating a consistent rental income and a rental yield of 12% (10% taking into account the service charges). The tenancy is well-established, and the occupants have expressed a desire to remain, providing a ready-made, income-producing asset for the new owner.
The property comprises a bright and spacious open plan lounge/kitchen/diner complete with stylish wall and base units, a breakfast bar and integral appliances, a double bedroom with built-in wardrobes, and a modern shower room suite with a walk-in shower and vanity cabinets.
Residents can enjoy beautifully maintained communal grounds and gardens with lawns, sitting areas, established beds and mature trees, as well as residents parking to the front, on-site facilities including a lounge and laundry room, lift access to all floors, a house manager, and a 24-hour emergency call system, offering both comfort and peace of mind in a welcoming community.
ADDITIONAL INFORMATION:
Council Tax Band: B
Local Authority: Bournemouth
Lease Term: 125 years from 1 October 1987
Ground Rent: £495 per year
Service Charges: £3600 per annum
*This information is based on information obtained via Land Registry and/or the vendor at the point of listing and will therefore need to be confirmed by a solicitor*
LEGAL DISCLAIMER:
These particulars, whilst believed to be accurate are set out as a general guideline 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 must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
TENURE
To be confirmed by the Vendor’s Solicitors
POSSESSION
Vacant possession upon completion
VIEWING
Viewing strictly by appointment through The Express Estate Agency
