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One Bedroom Ground Floor Flat with Private Patio

Ref : Knyveton

Address :

Knyveton Road, Bournemouth,
BH1 Bournemouth

Financial informations :

Price £ 114,950

Details :

Number of rooms 1

A One bedroom Ground Floor Flat with own private patio/drying area. Newly built in 2009, the property has an open plan lounge and kitchen area, and en-suite shower room to bedroom. Conveniently located close to Bournemouth Town Centre and Train Station. The property is well maintained by the current tenant who has been in situ for a number of years, and their current agreement runs until December 2015.

Monthly rent charged is £550pcm, giving a yield of 5.7% at full asking price. Rent potential £575 giving 6% yield at full asking price.

One Bedroom
Ground Floor Flat
Desirable Location

Ideally located and within a sought after location, Knyverton Road is within very close proximity of Bournemouth's famous East Cliff and Blue Flag beaches and is within short walking distance to the Chine Gardens and bus and train transport links. Bournemouth Town Centre is nearby providing access to high street shopping, amenities and entertainment.

Tenure: Leasehold - 119 years lease remaining
Ground Rent: £250 per annum
Maintenance: £851.20 per annum
Current Rent: £550pcm - 5.7% Yield

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