Studio for sale in Somerset Road, Boscombe, Bournemouth BH7
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Fantastic Holiday Rental Opportunity
- 999 Year Lease
- No Ground Rent or Service Charge
- Allocated Parking
- 17% + Yield - Potential Holiday Let Income Up to £2,000 per calendar month
- Estimated Maximum Rental - £875 per calendar month
- Separate Kitchen
- Shower Room
- Ground Floor
- Superb Location
Property description
** Superb Holiday Rental with approximately 17.1% Yield or First Time Buy ** A fantastic ground floor studio apartment with allocated parking. With a 999 year lease and no financial outgoings this property makes a great affordable home or buy to let investment.
Access is via a shared between two communal porch to the front door. Accommodation comprises living room suitable for sleeping, eating and relaxing with window to the front aspect. There is a three piece shower room and separate kitchen with range of wall and base units, sink unit with mixer tap over, space and plumbing for washing machine or under counter fridge/freezer, fitted gas hob, space for oven and microwave.
The property benefits from gas central heating and directly outside has an allocated parking space.
Area
Pokesdown is a convenient location only yards from Kings Park with its extensive recreational and sporting facilities, and close to neighbouring Boscombe and Southbourne, both extremely popular suburbs of Bournemouth offering 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.
There is a main line train station at Pokesdown and Bournemouth which provides direct links to Southampton, Southampton Airport and London Waterloo. Bournemouth International airport (6 miles) offers a varied schedule of flights to a number of European destinations.
Description
** Superb Holiday Rental with 17+% Return on Investment ** A fantastic ground floor studio apartment with allocated parking. With a 999 year lease and no outgoing this property makes a great affordable home or buy to let investment.
Access is via a shared between two communal porch to the front door. Accommodation comprises living room suitable for sleeping, eating and relaxing with window to the front aspect. There is a three piece shower room and separate kitchen with range of wall and base units, sink unit with mixer tap over, space and plumbing for washing machine or under counter fridge/freezer, fitted gas hob, space for oven and microwave.
The property benefits from gas central heating and directly outside has an allocated parking space.
Tenure
Tenure: Leasehold
Lease: 999 Years Remaining
Ground Rent: Nil
Maintenance: As & When
Estimated Rental: £825 per calendar month
Potential Holiday Rent Income: In excess of £20,000 per annum
Holiday Lets: Permitted - Freeholders Consent Given
Pets: Permitted - Freeholders Consent
Parking: Allocated Space Directly Outside.
Property info
32Somersetroad-High (5) - Use 29.05.2024.Jpg View original
![32Somersetroad-High (5) - Use 29.05.2024.Jpg](https://lc.zoocdn.com/328552c8eef5b3ed5d4079711a98ae0cb99a8650.jpg)
For more information about this property, please contact
Lovett International, BH7 on +44 1202 060237 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Lovett International, and do not constitute property particulars. Please contact Lovett International for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.